Turks' demand for used phones grows as prices of new ones soar

STORY: Turks' demand for used phones grows as prices of new ones soar DATELINE: Oct. 6, 2023 LENGTH: 00:02:54 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets with cell phones 2. various of phone shops 3. SOUNDBITE 1 (Turkish): GUVEN ISIK, Smartphone shop owner 4. SOUNDBITE 2 (Turkish): OZAN SENOL, University student STORYLINE: With new smartphone prices skyrocketing due to a declining national currency, Turkish consumers, especially young people, are increasingly turning towards purchasing more affordable secondhand ones. "The secondhand smartphone market is very vibrant these days," said Faruk Kocabas, Türkiye CEO of MediaMarkt, a German consumer electronics retailer. "Consumers are looking for cheaper alternatives in the face of high prices. They are turning to secondhand or refurbished smartphones," he told Milliyet Daily, predicting that 300,000 to 500,000 refurbished phones would be sold in the country this year. The main reason for the price hike of smartp

Turkish inflation keeps rising, adding burden to ordinary Turks

STORY: Turkish inflation keeps rising, adding burden to ordinary Turks DATELINE: Oct. 4, 2023 LENGTH: 00:02:12 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets 2. SOUNDBITE 1 (Turkish): HASAN DENIZ ARPACI, Unemployed mechanical engineer 3. SOUNDBITE 2 (Turkish): OZAN SENOL, Student STORYLINE: According to the Turkish Statistical Institute, Türkiye's annual inflation rate rose to 61.53 percent in Sept., climbing for a third straight month since it started to slide from Oct. last year. Due to runaway inflation, Turks are often on a bargain hunt for deals. SOUNDBITE 1 (Turkish): HASAN DENIZ ARPACI, Unemployed mechanical engineer "We have to juggle between several stores to find cheaper goods but then risk spending more transport fares. I don't see a bright future ahead of us. This high inflation will create high unemployment, impact further the economy in a negative way, and create social problems. Inflation has impacted everyone." SOUNDBITE 2 (Turkish): OZAN SENOL, Student

(16)Senegal vs Turkey

(16)Senegal vs Turkey

OSAKA, Japan - Turkey coach Senol Gunes gives instructions to players during the first half of the World Cup quarterfinal against Senegal at Nagai Stadium on June 22. Turkey won the match with a golden goal in the 94th minute in extra-time and will play Brazil in the semifinals. (World Cup 2002)