The Turkish economy has experienced significant growth and development under the AKP government, with exports increasing by four times in 2022. However, the country has been plagued by the devaluation of its national currency, the Lira, for the past decade. Critics have linked this devaluation to the refusal of the Turkish Central Bank to raise interest rates. In May 2023, after facing criticism, the government changed the governor of the bank and interest rates were raised. Despite this, the depreciation of the Lira continues. Does this mean that interest rates do not play a significant role in stabilizing the national currency?
Experts point out that understanding the current macroeconomic situation of Turkey requires a ten-year perspective considering various political, economic, social, and health events. The Turkish economy has grown over the past ten years, with some exceptions during the coup attempt in 2016, the Priest Crisis with the United States in 2018, and the pandemic in 2020. The main reason for the decrease in the total GDP in USD is inflation and the rapid movements in the exchange rate.
While the recent interest rate hike is a step towards combatting inflation, experts caution that there is no quick fix for Turkey's economic problems. The economy requires time and efforts to restore conventional economic policies and achieve long-term stability. It is also suggested that the government regulate markets to prevent excessive price hikes and work towards a fairer distribution of wealth. Increasing exports and attracting foreign direct investments are seen as key steps in achieving economic stability.
The CONCACAF Gold Cup, the main soccer tournament for teams in the CONCACAF region, is nearing its thrilling conclusion. If you're looking to catch the soccer finals online, here's how you can do it for free.
If you have cable, you can watch the Gold Cup on TV through FOX, FS1, and FS2. But if you want to watch the matches online, there are a few ways to do it without having to pay. One option is to use the 5-day free trial offered by DIRECTV's streaming service, which includes FOX and FS1 among its 75+ live TV channels. Another option is to take advantage of the 7-day free trial provided by fuboTV, which also streams the Gold Cup matches on FOX, FS1, and FS2.
The Gold Cup 2023 tournament began on June 24 and will run until July 16. With just over a week left in the tournament, you can combine the free trials from DIRECTV and fuboTV to watch the remaining matches without spending a dime.
So, if you're wondering how to watch the CONCACAF soccer finals online for free, these streaming services have you covered. Don't miss out on the excitement and tune in to catch the action live.
Knightscope, Inc., a developer of autonomous security robots and blue light emergency communication systems, recently announced two new sales. One of the largest churches in the nation will deploy a K5 Autonomous Security Robot (ASR) to patrol its Arizona location's parking lot to combat criminal trespassing. Additionally, a northern California county purchased two K1 Call Boxes to serve remote recreation areas in a local state park.
The church, with over 105 acres and a 3,500+ seat auditorium, sought a security solution to combat the extreme heat that hinders hired guards from consistent patrolling. The K5 ASR will deter and detect criminal activity, protecting the campus and visitors.
The county's Office of Emergency Services expanded its emergency communications services by purchasing the K1 Call Boxes. One of the call boxes is replacing a unit that was recently damaged by vandals. These call boxes will serve remote recreation areas at a local state park, ensuring quick response in emergencies.
Knightscope's Autonomous Security Robots and Blue Light Emergency Communication Systems provide advanced public safety technology. With these recent sales, Knightscope aims to strengthen its presence in the security industry and make the United States the safest country in the world.
However, Knightscope's stock performance has faced challenges, with limited available data on financial performance and negative net profit margins. Investors should carefully consider the risks associated with investing in Knightscope and monitor future financial reports for informed decisions.
