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Turks hunt for vanishing drugs in currency crisis
AFP via msn ^ | 18 December 2021 | bg-raz/zak/rl

Posted on 12/18/2021 11:44:59 PM PST by blueplum

Fatih Yuksel is one of thousands of Turks rushing from one pharmacy to another in search of imported drugs that are disappearing as quickly as the lira is losing value....

...Turks have been rattled by a currency collapse that accelerated when President Recep Tayyip Erdogan last month launched a self-declared "economic war of independence" that defies conventional market theory...

...Global supply chain bottlenecks caused by the coronavirus pandemic have resulted in jumps in the price of most raw materials, which make domestically produced medicine more expensive.

Turkish drug suppliers are also angry with the government over delayed payments....

(Excerpt) Read more at msn.com ...


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: failedstates; regionalsecurity; turkey
Three fold problem: lira has taken a nosedive and drug prices were negotiated on its former exchange rate against the euro, so imported drugs are way more expensive, the Turkish drug suppliers aren't getting paid or want to be paid at the old lira rate instead of a depressed rate (40% loss), and supply chain affecting local production
1 posted on 12/18/2021 11:44:59 PM PST by blueplum
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To: blueplum

The wannabe Caliphate in action.


2 posted on 12/19/2021 12:20:16 AM PST by datura (Trying to find each possible way to reduce government influence on my daily life.)
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To: datura

Caliphornia is the only state of the union with the word ‘caliph’ in it. Originally its name came from Queen Caliphia who supposedly had her own caliph on the island of Caliphornia.


3 posted on 12/19/2021 1:03:33 AM PST by Kevmo (I’m immune from Covid since I don’t watch TV.🤗)
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To: datura
The wannabe Caliphate in action.

LMAO

BTW, great post.

4 posted on 12/19/2021 3:51:48 AM PST by TheConservativeTejano (The Business of America is Business)
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To: blueplum

The generals wimped out in 2016 when they had a chance to take out this Islamic militant.


5 posted on 12/19/2021 5:45:12 AM PST by PAR35
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To: Kevmo

Lots of queens in San Francisco


6 posted on 12/19/2021 5:46:00 AM PST by PAR35
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To: Kevmo
Calafia

Calafia, or Califia, is the fictional queen of the island of California, first introduced by sixteenth-century poet Garci Rodríguez de Montalvo in his epic novel of chivalry, Las sergas de Esplandián (The Adventures of Esplandián), written around 1510.[1] The Californias, a region of North America encompassing the U.S. state of California and the Mexican states of Baja California and Baja California Sur, take their name from Calafia and her kingdom. "

7 posted on 12/19/2021 5:54:07 AM PST by blam
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