Home Living Beyond Borders GZERO World Signal In 60 Seconds Puppet Regime GZERO World Podcast Contact Us About Us Careers Privacy Policy Terms

Hard Numbers: Turkish inflation soars, Nicaraguan NGO crackdown, Taiwan rejects pricy US choppers

May 05, 2022

Carlos Santamaria

Hard Numbers: Turkish inflation soars, Nicaraguan NGO crackdown, Taiwan rejects pricy US choppers

A woman displays her electricity bill during a protest against high energy prices in Ankara.

REUTERS/Cagla Gurdogan

70: Turkey's monthly inflation rate skyrocketed to almost 70% in April, a two-decade high. Critics blame President Recep Tayyip Erdoğan, who continues to baffle economists by lowering interest rates to combat rising prices.

50: Nicaragua's parliament shut down 50 NGOs for failing to comply with government regulations like submitting financial statements. The NGOs say they tried to turn in the documents, but authorities refused to take them. The organizations were likely up to things strongman President Daniel Ortega didn’t like, such as defending human rights.

12: Taiwan won't buy 12 anti-submarine helicopters from the US because they're … too expensive. Unless the Taiwanese are trying to haggle, this doesn't bode well for broader US plans to help the self-governing island defend itself against China.

GZEROMEDIA

Smith makes Alberta referendum easier

Alberta Premier Danielle Smith announces proposed changes to several pieces of democratic process legislation, in Edmonton on Tuesday, April 29, 2025.

Jason Franson/The Canadian Press via ZUMA Press via Reuters

Alberta Premier Danielle Smith tabled a bill on Tuesday that will make it easier for voters in her province to force a referendum to secede from Canada. The bill could theoretically clear the way for the province to become the 51st state.

GZEROMEDIA

US and China limp toward trade war thaw

A 3D-printed miniature model depicting US President Donald Trump, the Chinese flag, and the word "tariffs" in this illustration taken on April 17, 2025.

REUTERS/Dado Ruvic

The US economy contracted 0.3% at an annualized rate in the first quarter of 2025, while China’s manufacturing plants saw their sharpest monthly slowdown in over a year. Behind the scenes, the world’s two largest economies are backing away from their extraordinary trade war.

Hamas: Then & Now

Palestinian Hamas and Islamic Jihad fighters form a human chain in front of the crowd gathered near the family home of slain Hamas leader Yahya Sinwar, where the Hamas militant group prepares to hand over Israeli and Thai hostages to a Red Cross team in Khan Yunis, on January 30, 2025, as part of their third hostage-prisoner exchange..

Photo by Majdi Fathi/NurPhot

Israel hunted Yahya Sinwar — the Hamas leader and mastermind of the Oct. 7 attack — for over a year. He was hidden deep within Gaza’s shadowy tunnel networks.

About Us Careers Press Contact Us Privacy Policy Terms of Use

Hard Numbers: Turkish inflation soars, Nicaraguan NGO crackdown, Taiwan rejects pricy US choppers

GZEROMEDIA

More from GZERO Media

Graphic Truth: Electoral Shifts in Canada

Canada’s election on Monday was marked by unexpected twists from start to finish. While the Liberals staged a comeback to claim a fourth successive mandate to govern, voters at the local level triggered major changes: 60 ridings threw out their incumbent parties, leading to some unexpected upsets.

Hard Numbers: Trump gives US auto industry a break, Canada’s GDP contracts, Top Green resigns, US clean energy jobs evaporate

Now comes the hard part for Carney

Mark Carney, who has never sat in Parliament and has only been a politician for four months, faces a lot of political puzzles after leading his Liberal Party to victory in Canada on Monday, and one huge challenge south of the border.

Smith makes Alberta referendum easier

Alberta Premier Danielle Smith tabled a bill on Tuesday that will make it easier for voters in her province to force a referendum to secede from Canada. The bill could theoretically clear the way for the province to become the 51st state.

New York governor race bursts into life

The New York governor’s election might be over a year away, but the Republican primary race is already heating up as one ambitious, ex-moderate, pro-Trump New Yorker faces another.

GZEROMEDIA

Carney to meet Trump: Not time to talk turkey – yet

Donald Trump said Wednesday that Prime Minister Mark Carney is headed to Washington, DC, within a week for a personal meeting, but there is reason to think that neither country is ready to get down to serious trade negotiations.

US and China limp toward trade war thaw

The US economy contracted 0.3% at an annualized rate in the first quarter of 2025, while China’s manufacturing plants saw their sharpest monthly slowdown in over a year. Behind the scenes, the world’s two largest economies are backing away from their extraordinary trade war.

The US-Ukraine minerals deal is finally done

Two months after their infamous White House fight, the US and Ukraine announced on Wednesday that they had finally struck a long-awaited minerals deal.

India and Pakistan inch toward a major clash

Nerves are fraught throughout Pakistan after authorities said Wednesday they have “credible intelligence” that India plans to launch military strikes on its soil by Friday.

Hamas: Then & Now

Israel hunted Yahya Sinwar — the Hamas leader and mastermind of the Oct. 7 attack — for over a year. He was hidden deep within Gaza’s shadowy tunnel networks.

Hard Numbers: Turkish inflation soars, Nicaraguan NGO crackdown, Taiwan rejects pricy US choppers

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

More from GZERO Media

Mark Carney, who has never sat in Parliament and has only been a politician for four months, faces a lot of political puzzles after leading his Liberal Party to victory in Canada on Monday, and one huge challenge south of the border.

Alberta Premier Danielle Smith tabled a bill on Tuesday that will make it easier for voters in her province to force a referendum to secede from Canada. The bill could theoretically clear the way for the province to become the 51st state.

The New York governor’s election might be over a year away, but the Republican primary race is already heating up as one ambitious, ex-moderate, pro-Trump New Yorker faces another.

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

Donald Trump said Wednesday that Prime Minister Mark Carney is headed to Washington, DC, within a week for a personal meeting, but there is reason to think that neither country is ready to get down to serious trade negotiations.

The US economy contracted 0.3% at an annualized rate in the first quarter of 2025, while China’s manufacturing plants saw their sharpest monthly slowdown in over a year. Behind the scenes, the world’s two largest economies are backing away from their extraordinary trade war.

Two months after their infamous White House fight, the US and Ukraine announced on Wednesday that they had finally struck a long-awaited minerals deal.

Nerves are fraught throughout Pakistan after authorities said Wednesday they have “credible intelligence” that India plans to launch military strikes on its soil by Friday.

Israel hunted Yahya Sinwar — the Hamas leader and mastermind of the Oct. 7 attack — for over a year. He was hidden deep within Gaza’s shadowy tunnel networks.