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RUSSIA - TURKEY Turns to RUSSIA FOR A BAILOUT. New Trade Deals Risk Secondary Sanctions from NATO

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The Turkish Economy is in a DESPERATE Situation. INFLATION is up to 80%, the Turkish Lira has fallen by over 50% and the country has almost out of currency which is needed to buy GAS, OIL & FOOD. Turkey has maintained a NEUTRAL stance towards Russia and after a recent 4 HOUR MEETING with President Putin it has been announced that RUSSIA & TURKEY intend to develop CLOSER RELATIONS, to do MORE BUSINESS and that Turkey will now made some payments for Gas in RUBLES. Turkey is a member of NATO and this announcement is contrary to the stance being taken by the other members of NATO. In this video I provide details of the announcement, review the existing relationship between the two counties and look at the risks relating to this new arrangement.

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Chapters:
0:00 Intro
3:02 TURKEY & RUSSIA
5:27 RUBLE PAYMENTS
7:47 WAREHOUSE & BRIDGE
9:55 WAR ON TERRORISM
11:36 DEFENCE SYSTEMS
13:21 ENERGY SUPPLY
14:17 TOURISM
15:40 SECONDARY SANCTIONS
17:40 BLACK SEA GRAIN DEAL
19:01 SUMMARY & CONCLUSION

#TURKEY
#UKRAINE
#RUSSIA
#OIL
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

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