Part 1/8:
An Overview of Turkey’s Economic Challenges
Turkey's economic landscape has been undergoing significant changes, and in this article, we will delve into the current state of its economy, focusing on inflation rates, interest rates, and overall economic health.
Name Update: Turkey vs. Türkiye
Before addressing economic concerns, it's important to note the recent naming controversy surrounding the country. Officially, Turkey changed its name to Türkiye in 2021, as recognized by the United Nations. However, various government sources from the United States and the United Kingdom have continued to use "Turkey" in English. This naming inconsistency has sparked discussions among commentators and audiences alike, with many requesting adherence to the new nomenclature.