Russia – Turkey
INFLATION in August rose above 80% and is now at the highest level since AUGUST 1998. The rise in GAS, OIL & COMMODITY Prices caused by the UKRAINE WAR continues to put pressure on Turkey and the TURKISH LIRA exchange rate has continued to Plummet and is now above 18 to 1 US Dollar. The Turkish Central Bank is running Dangerously low on Currency and is no longer able to support the Lira. Without an injection of new currency the situation looks Dire for Turkey. To compound matters Turkey is now threatening MILITARY ACTION and is also getting CLOSER TO RUSSIA.