Turkey financial crisis: Azar Jammine

1,005 views · Published 13 September 2018 · 6:21 · Indexed 26 September 2026

Channel: SABC News · 2018 · News & Politics

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Tonight we're looking at economic crises in parts of the world - and what can South Africa learn from them. Turkey is facing a debt crisis. 
The Rand benefited today because the Central Bank raised interest rates by more than 6%. But it's a drastic move and concerns about the health of the Turkish economy linker. We'll also look at Venezuela which is being called a failed socialist experiment. The country under President Nicolas Maduro has seen empty shelves, long lines to get food and medicine, long lines or leave the country, and hyperinflation.
To discuss we're joined by Azar Jammine from Econometrix. 

For more news, visit: sabcnews.com

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