Off Topic The Politics Thread

Let's hope for a government that has time and balls for it then.

 

which moron left the tories in charge of the turkish economy

Inflation in Turkey surges to 83%

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Some of the highest price rises have been in the food sector
By Merlyn Thomas
BBC News

Inflation in Turkey has climbed above 83% - a 24-year-high.

The transport, food and housing sectors have seen the biggest rise in prices.

Independent experts the Inflation Research Group estimate the annual rate is actually 186.27%.

Last year Turkish President Recep Tayyip Erdogan took the unorthodox step of cutting interest rates to try to boost the economy. Most central banks raise interest rates to fight inflation.

The transport sector saw the sharpest increases in annual prices at 117.66%, followed by food and non-alcoholic drinks at 93%.

Mr Erdogan has described interest rates as "the mother and father of all evil", and his economic policies include intervening in foreign exchange markets.

Last year's cut in interest rates from 19% to 14% has led to a fall in the value of the Turkish lira, which means it costs more for the country to import goods from abroad.

The lira, meanwhile, hit a new record low of 18.56 against the US dollar.

US Banking giants JP Morgan said Turkey's inflation would remain in the "abnormally high range until policies get orthodox".

• Can tourism ease the inflation pressure in Turkey?
• Why currency crash does not worry Turkey's Erdogan

"We will build the century of Turkey together, hopefully by overcoming the inflation issue," said Mr Erdogan in a televised address on Monday.

The record high is the sharpest inflation surge since World War Two, according to former Turkish central bank chief economist Hakan Kara.

High inflation and the economic crisis is the main problem facing Mr Erdogan's ruling party, as he looks to secure another term in next year's election.


Prices are rising quickly around the world, due to factors including Covid-related supply shortages and the Ukraine war, which has driven energy and food prices higher.

More on this

 

Think it's labours fault

 

"Nuclear weapons convoy spotted heading to Ukraine sparks fears Putin could be preparing test to send ‘signal to the West’" https://twitter.com/i/events/1577028721239900161?t=U9IwWkXnTVHtCDlxhQW2hQ&s=09

 

Great to see Rebekahkah Vardy utterly skewered on legal costs by the High Court. 1.5 million to be paid to Coleen Rooney which is calculated on an indemnity basis, highly unusual, because Vardy was found to have destroyed evidence.

 

For gourmets only...

 

Demonstrators blocking roads around Westminster, coppers standing around doing sweet FA.

Members of the public would be arrested. Apparently demonstrators are something different in the eyes of the police. But not in the eyes of the law surely?

Why don't the police drag them off the road?

 

He's in trouble and he's backed himself into a corner - dangerous mf

 

Where's a royal hearse when you need one

 

Very good article here....

Putin deposed, Russia broken up, and NATO in a face-off with China: As Ukraine sees a path toward victory and a desperate Vladimir hits the panic button, expert argues THIS is how the war could end

• Putin has spent the last week ramping up his war in Ukraine, from 300,000 conscripts to nuclear threats
• But his bluster is aimed at hiding the fact that Russia is losing the war, as Ukraine recaptures territory
• Alp Sevimlisoy, of Atlantic Council think-tank, spoke to MailOnline about what Russian defeat could look like
• Putin would not survive the defeat, he argues, while Russia itself could break up leaving the West competing with China over the spoils and NATO in a face-off with Beijing

Land grabs, hundreds of thousand of conscripts thrown on to the front lines, and a nuke for anyone who dares stand in his way: Vladimir Putin has spent the past week doubling down on his war in Ukraine.

But his bluster belies a simple fact: Russia is losing the war, and he knows it

The despot is desperate. His army is in tatters, his battleplans shot, he's burning through his cash reserves at an unsustainable rate, and winter is looming. Meanwhile Ukraine's army continues to advance across the country, giving Kyiv a viable path to victory. Which begs the question: What happens if Russia is beaten?


https://www.dailymail.co.uk/news/ar...e-war-end-Putin-deposed-Russia-broken-up.html

 

The breakup of Russia could push its nuclear arsenal into dangerous hands. Concerning.

 

Not sure "Moving on up " was the right song for your walk on at the conference Liz.

Look at the lyrics, then sack your advisors

 

M People founder says band are ‘livid’ at use of song at Tory Party conference (msn.com)

 

Just proves the points that Liz Truss looks at the surface only and not at the detail underneath. Politicians brought up on sound bites and spin gives us a hollow and shallow government.

The Nation hits back …
“You've done me wrong, your time is up
You took a sip from the devil's cup
You broke my heart, there's no way back
Move right out of here, baby, go on pack your bags”

 

Apart from the thousands of Albanian criminals arriving from France, obviously.

 

@Parlez_me_nTory


Nurse who said 'Tories don't deserve resuscitation' claims "I've been vilified" https://mol.im/a/11282255 via
@MailOnline

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dailymail.co.uk
Nurse who said 'Tories don't deserve resuscitation' is 'facing sack'
Former NHS nurse Miranda Hughes, 46, made the incendiary remarks about the healthcare system during a live TV debate on Channel 5 on Monday.

 

is there any economy left in the world that hasnt put the tories in charge of the finances

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Breitbart News
@BreitbartNews


The national debt has topped $31 trillion for the first time amid record inflation, rising interest rates, and recession fears.

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breitbart.com
Bidenomics Sends U.S. National Debt Soaring Past $31T for First Time
Biden administration borrowing has driven national debt past $31 trillion for the first time amid record inflation, rising interest rates, and recession fears.

6:52 AM · Oct 6, 2022

 

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Bloomberg UK
@BloombergUK


Liz Truss walks on stage at the Conservative Party conference to Moving on Up by M-People

The band's lead singer, Heather Small, has a son who is a Labour Party councillor in Westminster

Live updates: http://bloom.bg/3UXhH45

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