World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Group
The effect of lower oil prices on Turkey's economy- lowering the current account deficit to 5% in 2015 from 7.9% in 2013
01/18/2015
With 6% of GDP going to oil imports the lower oil prices in 2015 helps to lower the current account deficit. The lower oil price and more capital inflows boosts growth as Turkey is dependent on capital inflows. Higher interest rates hurt growth during the emerging markets crisis in early 2014 and a drop in the value of the lira.
Grouped Articles
Turkey’s economy: Saved by the well
Economist 01.18.2015
Turkish Officials Seen Stoking Crisis as Lira Hits Record Low
Wall Street Journal 03.05.2015
Iran’s Nuclear Deal Could Open Oil Flood
Wall Street Journal 03.17.2015
U.S. Oil Prices Hit Fresh Six-Year Low, Dipping Below $40 a Barrel
Wall Street Journal 08.23.2015
Oil Plunge Sparks Bankruptcy Concerns
Wall Street Journal 01.12.2016
Turkish economy contracts amid instability | Business | DW.COM | 12.12.2016
DW.COM 12.12.2016
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us