Turkish President, Rejep Tayyip Erdogan, has blamed the United States for what he called a heinous economic attack. Erdogan says Turkey would see the result of the Central Bank’s independence after its substantial interest rate increase. He called on Turks to convert all savings to lira, and said the private sector must not give up on production and investment. On Thursday, the Turkish Central Bank hiked interest rates by six-point-25 percent to fight soaring inflation and boost the lira. The country’s national currency has plunged about 40-percent this year following U-S sanctions on Ankara in a row over a detained American pastor.
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Turkish Central Bank Raises Rates, Duff’s Analysis on Press TV

Gordon Duff posted articles on VT from 2008 to 2022. He is a Marine combat veteran of the Vietnam War. A disabled veteran, he worked on veterans and POW issues for decades.
Gordon is an accredited diplomat and is generally accepted as one of the top global intelligence specialists. He manages the world’s largest private intelligence organization and regularly consults with governments challenged by security issues.
Duff has traveled extensively, is published around the world, and is a regular guest on TV and radio in more than “several” countries. He is also a trained chef, wine enthusiast, avid motorcyclist, and gunsmith specializing in historical weapons and restoration. Business experience and interests are in energy and defense technology.
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