Extreme Inflation from A to Z: Turkey

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 12 April 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for April 12. Turkey’s rental prices have become "crazy expensive" following a rush for housing after a major earthquake last year. So, how's Turkey addressing extreme housing inflation? Producer Anthony Bansie reports. Plus, the U.S. moves warships to defend Israel in case of Iranian attack. Annmarie Fertoli hosts. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	This episode is brought to you by Revolute. Revolute is the all-in-one finance app for those who want more from their money.
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0:15.8	suspicious transactions. Revolute, the future of money is here.
0:20.4	Sign up at Revolute.com slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.
0:26.0	18 plus until the 14th of April 2024, Tees and sees apply.
0:30.0	The US.S. moves warships to protect Israel against a possible Iranian attack, and U.S.
0:39.6	stocks retreated despite strong big bank earnings. The economy is strong but banks
0:44.4	are feeling a little bit more profit pressure but overall other pictures
0:47.9	still pretty good for them. Plus how Turkey's annual inflation rate topped 68% last month.
0:54.0	It's Friday, April 12th.
0:55.5	I'm Anne Marie Fertoli for the Wall Street Journal.
0:57.8	This is the PM edition of What's News,
1:00.0	the top headlines and business stories that
1:01.9	moved the world today.
1:05.0	We report exclusively that the US has rushed warships into position to protect Israel and American forces in the region in the event of a direct
1:15.4	attack from Iran that could come as soon as today or Saturday. U.S. officials said two destroyers,
1:21.5	one already in the region and another that was
1:23.6	redirected there have been repositioned. They said at least one carried a missile
1:27.7	defense system. Iran has threatened to retaliate for an attack last week in
1:32.2	Damascus Syria, which Tehran said was an Israeli
1:34.9	airstrike. Several top Iranian military officials were killed.
	...

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