recovery Boeing tells workers terms of voluntary layoffs, says air travel recovery will take years By www.seattletimes.com Published On :: Mon, 27 Apr 2020 08:29:10 -0700 CEO Dave Calhoun tells shareholders that when the market for jets does revive, "our customers' needs will be different." Boeing also told U.S. employees Monday what it is offering in the first wave of voluntary job cuts. Full Article Boeing & Aerospace Business
recovery Many businesses may follow Amazon in stretching out work-from-home policies, crimping downtown recovery By www.seattletimes.com Published On :: Fri, 01 May 2020 20:25:21 -0700 Business and government insiders say other companies and organizations are contemplating similarly extended time frames as they consider the new realities of the workplace in the COVID-19 era. Full Article Amazon Business Economy Local Business
recovery Motherhood, a cult church and recovery form the core of glittering debut ‘Godshot’ By www.seattletimes.com Published On :: Tue, 05 May 2020 06:00:07 -0700 With a narrative that follows a 14-year-old seeking liberation from a cult church, Chelsea Bieker gets under readers’ skin with heart-filled prose in her sparkling debut “Godshot,” out now via Catapult. Full Article Books Entertainment
recovery Introducing IBM Z System Recovery Boost By www.redbooks.ibm.com Published On :: Tue, 14 Apr 2020 13:30:00 GMT Redpaper, published: Tue, 14 Apr 2020 In this IBM® Redpaper publication, we introduce System Recovery Boost, which is a new function of the IBM z15™. Full Article
recovery Many businesses may follow Amazon in stretching out work-from-home policies, crimping downtown recovery By www.seattletimes.com Published On :: Fri, 01 May 2020 20:25:21 -0700 Business and government insiders say other companies and organizations are contemplating similarly extended time frames as they consider the new realities of the workplace in the COVID-19 era. Full Article Amazon Business Economy Local Business
recovery Economic Recovery May Vary By Location: NRF Chief Economist By www.rttnews.com Published On :: Fri, 08 May 2020 10:51:41 GMT The National Retail Federation's Chief Economist Jack Kleinhenz believes the economic recovery in the United States from the Coronavirus crisis would come gradually and may vary by location depending on the severity. His remark comes as more and more stores are reopening across the country after at least 30 U.S. states began easing lockdown restrictions and decided to reopen businesses... Full Article
recovery Hosted VMware environments and recovery solutions in IBM PureApplication Platform, Part 2: Setting up a PureApplication Software workload environment By www.ibm.com Published On :: 30 Aug 2018 04:00:00 +0000 With the release of IBM Bluemix Local System and PureApplication System firmware V2.2.3, you can create automatically configured hosted VMware environments for more flexibility on how you run and manage your workloads. This tutorial series provides a step-by-step guide for users of the Bluemix Local System W1500, W2500, W3500, and W3550 models to work with these advanced capabilities. In Part 2, you install and configure a PureApplication Software workload environment. Full Article Middleware cloud
recovery Hosted VMware environments and recovery solutions in IBM PureApplication Platform, Part 1: Getting started with hosted VMware environments By www.ibm.com Published On :: 30 Aug 2018 04:00:00 +0000 With the release of IBM Bluemix Local System and PureApplication System firmware V2.2.3, you can create automatically configured hosted VMware environments for more flexibility on how you run and manage your workloads. This series of articles provides a step-by-step guide for users of the W1500, W2500, W3500, and W3550 models to work with these advanced capabilities. In Part 1, you get started with creating and deploying hosted VMware environments in Bluemix Local System. Specifically, you learn how to allocate resources, configure external access to VMware components, and configure and deploy virtual machines in VMware. Full Article cloud Middleware
recovery Hosted VMware environments and recovery solutions in IBM PureApplication Platform, Part 3: Building a disaster recovery solution with PureApplication Software By www.ibm.com Published On :: 09 Sep 2018 04:00:00 +0000 With the release of IBM PureApplication Platform and PureApplication System firmware V2.2.3, you can create automatically configured hosted VMware environments for more flexibility on how you run and manage your workloads. This series of articles provides a step-by-step guide for users of the PureApplication Platform W1500, W2500, W3500, and W3550 models to work with these advanced capabilities. In Part 3, you set up disaster recovery and learn how to perform three different disaster recovery procedures. Full Article Middleware cloud
recovery Economics of coronavirus recovery, and Alexander Downer on China By www.abc.net.au Published On :: Thu, 30 Apr 2020 13:30:00 +1000 How do we revive the economy once the pandemic passes? Coronavirus has Australia headed for a deep recession, so what can we do now to plan our way out of it? Is the answer more government intervention and state planning? Or, is now the time to launch a new reform agenda that sharpens the incentives to work, save, invest and hire? And, Alexander Downer: “I don’t know what China’s problem is” Prime Minister Scott Morrison has called for an investigation into the origins of the virus. But China’s Ambassador in Canberra upped the stakes this week by threatening a trade and tourism boycott of Australia. Australia’s longest serving Foreign Minister, Alexander Downer says China’s Cold War style rhetoric will backfire on it, and it is in everyone’s interests to investigate the origins of the virus. But as we head into recession, can we afford to aggravate our largest trade partner? Full Article World Politics Government and Politics
recovery Critically endangered blue-tailed skinks gifted own tropical island as part of recovery efforts By www.abc.net.au Published On :: Mon, 09 Sep 2019 11:05:00 +1000 A tiny rainbow-hued lizard which all but disappeared from the wild 10 years ago has been given the run of a brand new home, its very own tropical island off the WA coast, to bring its population back from the brink. Full Article ABC Pilbara northwestwa Environment:All:All Environment:Conservation:All Human Interest:Animals:All Science and Technology:Animals:Reptiles Australia:WA:All Australia:WA:Christmas Island 6798 Christmas Island:All:All Cocos (Keeling) Islands:All:All
recovery Bushfire recovery work a win-win for environment and endangered trout cod By www.abc.net.au Published On :: Sat, 25 Apr 2020 11:33:44 +1000 Trees damaged by recent bushfires are used to restore Upper Murray River with the hope of saving the endangered trout cod. Full Article Environment Endangered and Protected Species Rivers Bushfire Science and Technology Animal Science Fish
recovery Five-legged frog in recovery following limb amputation By www.abc.net.au Published On :: Thu, 13 Feb 2020 17:10:08 +1100 Due to a decline in the number of frogs, operating on the amphibian was deemed worthwhile to give it the best chance to thrive. Full Article Offbeat Amphibians Animal Welfare Animal Science
recovery Breast cancer survivor microchips breast prosthesis to collect data on recovery By www.abc.net.au Published On :: Tue, 03 Sep 2019 13:50:00 +1000 From smart watches to exercise monitors and devices that correct your posture, wearable tech is everywhere and now cancer survivor Kathy Reid has invented a smart breast. Full Article ABC Radio Canberra canberra Business Economics and Finance:Industry:Electronics Health:All:All Health:Diseases and Disorders:Breast Cancer Health:Women's Health:All Science and Technology:All:All Science and Technology:Computers and Technology:All Australia:ACT:Canberra 2600 Australia:All:All
recovery Southern Great Barrier Reef island shows signs of coral recovery after Cyclone Hamish By www.abc.net.au Published On :: Tue, 02 Jul 2019 06:32:00 +1000 The Great Barrier Reef has already been devastated by climate change, but one southern island is showing signs of recovery after cyclone damage Full Article ABC Far North coffscoast farnorth capricornia Business Economics and Finance:Industry:Tourism Environment:All:All Environment:Conservation:All Environment:Oceans and Reefs:Great Barrier Reef Science and Technology:All:All Science and Technology:Biology:Marine Biology Australia:NSW:Coffs Harbour 2450 Australia:QLD:Cairns 4870 Australia:QLD:Cooktown 4895 Australia:QLD:Gladstone 4680
recovery Gold Coast hinterland bushfire leaves animals in recovery hospital as hundreds rescued By www.abc.net.au Published On :: Mon, 09 Sep 2019 10:39:00 +1000 A singed and injured koala and her joey, who have become a symbol of hope and resilience amid Queensland's bushfire emergency, are slowly recovering in a Brisbane wildlife hospital. Full Article ABC Gold Coast brisbane goldcoast Disasters and Accidents:All:All Disasters and Accidents:Emergency Incidents:All Disasters and Accidents:Emergency Planning:All Disasters and Accidents:Fires:All Disasters and Accidents:Fires:Bushfire Australia:All:All Australia:QLD:All Australia:QLD:Binna Burra 4211 Australia:QLD:Brisbane 4000 Australia:QLD:Canungra 4275 Australia:QLD:Jimboomba 4280 Australia:QLD:Southport 4215
recovery A police diver's role is fundamentally the search for and recovery of bodies and objects. By www.abc.net.au Published On :: Wed, 21 Aug 2019 06:37:00 +1000 Full Article ABC Capricornia capricornia Law Crime and Justice:All:All Law Crime and Justice:Crime:All Sport:Diving:All Australia:QLD:All Australia:QLD:Rockhampton 4700
recovery Energy Recovery, Inc. v. Hauge By feeds.findlaw.com Published On :: 2014-03-20T08:00:00+00:00 (United States Federal Circuit) - The district court's decision finding defendant in contempt of its 2001 order adopting the parties' Settlement Agreement that plaintiff would be the sole owner of three U.S. patents and one pending U.S. patent application, is reversed and the injunction is vacated, where none of challenged conduct in developing and selling the pressure exchanger violates any provision of the 2001 Order. Full Article Contracts Intellectual Property Patent Trade Secrets
recovery Sustainability, Parks, Recycling and Wildlife Defense Fund v. Department of Resources Recycling and Recovery By feeds.findlaw.com Published On :: 2019-04-22T08:00:00+00:00 (California Court of Appeal) - Rejected an environmental group's challenge to the issuance of a revised permit for a landfill. Affirmed the denial of writ relief. Full Article Environmental Law
recovery Elderly Veteran Coronavirus Patient Treated Like 'Leper', 'Plague Carrier' After Recovery By feedproxy.google.com Published On :: Sat, 09 May 2020 15:44:01 +0000 LONDON (AP) - From resounding applause to ostracization and isolation. That's essentially the journey Lt. Cmdr. Robert Embleton, who served 34 years in Britain's Royal Navy... Full Article Health London / Europe Britain China coronavirus COVID-19 elderly pandemic United Kingdom veterans Wuhan Wuhan virus
recovery California Rep. Doris Matsui / Sacramento COVID-19 Recovery / Poet Amanda Harrinauth And Finding Joy By www.capradio.org Published On :: Tue, 28 Apr 2020 15:00:00 GMT California Rep. Doris Matsui discusses what did and didn’t work in COVID-19 relief packages. The Greater Sacramento Economic Council on the region’s potential for recovery, and poet Amanda Harrinauth on finding joy in every day. Full Article
recovery Levins v. Healthcare Revenue Recovery Group LLC By feeds.findlaw.com Published On :: 2018-08-22T08:00:00+00:00 (United States Third Circuit) - Reinstated a claim that a debt collector violated the Fair Debt Collection Practices Act by leaving telephone voice messages that did not use its true name. The plaintiffs filed a class-action complaint alleging that the debt collector left pre-recorded messages on their phone that did not state the caller's correct name. Reversing the district court, the Third Circuit held that they stated a plausible claim for relief under the statute's true-name provision, though the panel affirmed the dismissal of their other causes of action. Full Article Debt Collection Consumer Protection Law
recovery Recovery Plan For Bermuda’s Resident Turtles By bernews.com Published On :: Wed, 10 Dec 2014 17:33:46 +0000 The Department of Conservation Services has recently completed a management plan, in consultation with scientists and sea turtle specialists, which describes the actions needed to conserve our resident populations of green and hawksbill turtles. “The principal aim of this plan, entitled Recovery Plan for Bermuda’s Resident Green and Hawksbill Turtles, is to protect the species and […](Click to read the full article) Full Article All Environment News #GoodNews #Turtles
recovery Collaboration Leads To Recovery Of Transmitter By bernews.com Published On :: Thu, 13 Apr 2017 14:39:00 +0000 Thanks to a collaborative effort involving people from the Bahamas, Bermuda and the United States, a turtle satellite transmitter was located, allowing important data on sea turtle migration being safely recovered. “The Bermuda Turtle Project [BTP], a joint project of the Bermuda Zoological Society [BZS] and the Sea Turtle Conservancy [STC], has as its mission […](Click to read the full article) Full Article All Environment News #Turtles
recovery Speedy Recovery: New Corn Performs Better in Cold By feedproxy.google.com Published On :: Wed, 29 Jan 2020 16:00:04 EST Nearly everyone on Earth is familiar with corn. Literally. Around the world, each person eats an average of 70 pounds of the grain each year, with even more grown for animal feed and biofuel. Full Article
recovery 02/26/17 - A miraculous recovery after something terrible By www.tinyghosts.com Published On :: Monday, 27 Feb 2017 Full Article
recovery IBM Named a Leader in Gartner’s Magic Quadrant for Data Center Backup and Recovery Solutions By www.ibm.com Published On :: Thu, 10 Aug 2017 12:03:54 GMT IBM has been recognized as a storage software Leader in the 2017 Gartner Magic Quadrant for Data Center Backup and Recovery Solutions1. In its Magic Quadrants’, Gartner analysts evaluate technology and solutions with an ‘Ability to Execute’ and a ‘Completeness of Vision’. Full Article IBM Storage
recovery IBM’s New Data Centre Provides Multiple Facility Recovery Strategy in Brisbane By www.ibm.com Published On :: Wed, 03 Jun 2009 05:38:09 GMT IBM today announced the opening of a new data centre facility in Fortitude Valley, Brisbane, Queensland. The data centre will augment IBM’s existing recovery centre located nearby, to provide exceptional and unrivalled risk mitigation for client information and data. Full Article Storage
recovery Coronavirus found in sperm after men’s recovery, research finds - 7NEWS.com.au By news.google.com Published On :: Fri, 08 May 2020 05:21:52 GMT Coronavirus found in sperm after men’s recovery, research finds 7NEWS.com.auNew study finds coronavirus in semen Body and SoulUrgent Warning For Covid-19 Patients After Virus Found In Semen Of Some Recovered Men 10 dailyCoronavirus Has Apparently Been Detected In Semen Rolling StoneCoronavirus Has Been Detected in Semen, So What Does That Mean for Sex? Prevention.comView Full coverage on Google News Full Article
recovery Stock Market: A "V" Shaped Recovery ? By feedproxy.google.com Published On :: Tue, 14 Apr 2020 09:37:00 PDT Full Article Fib Retracement Fibonacci NYSE Pullback Reversal Reversion Secular Bull Share Market Share Trading Stock Valuation Technical Analysis
recovery Stock Market: The Alphabet Soup of Market Recovery By feedproxy.google.com Published On :: Sat, 18 Apr 2020 04:50:00 PDT Full Article NYSE Pullback Reversal Reversion Secular Bull Share Market Share Trading Stock Valuation Technical Analysis V Recovery
recovery Slow Road to Recovery after the Deepwater Horizon oil spill for Deep-Sea Communities By www.deepseanews.com Published On :: Sun, 20 Oct 2019 03:16:41 +0000 The Deepwater Horizon disaster released approximately 4 million barrels of oil from the Macondo Wellhead over the course of 87 days in 2010. Thus, becoming… Full Article Conservation & Environment Oil Spills deep sea Deepwater Horizon Gulf Oil Spill oil spi
recovery Jo McFarlane's journey to recovery By podcast.iriss.org.uk Published On :: Wed, 30 May 2018 23:00:00 +0000 Building the future: shaping our social work identity newly qualified social worker conference was held on 31 May 2018 in Edinburgh. Delivered with the University of Edinburgh (in partnership with the Higher Education Heads of Social Work Group), Iriss, Scottish Social Services Council, the Scottish Association of Social Workers, Social Work Scotland and the Scottish Government, it provided an opportunity for newly qualified social workers to come together to connect and reconnect. In this episode, we hear the moving story of Jo McFarlane, a writer, poet and public speaker. She provides an engaging story of her early life and journey to recovery, peppered with powerful, and often comic, poetry. Transcript of episode Music Credit: Make your dream a reality by Scott Holmes Full Article
recovery Write to Recovery - four years on By podcast.iriss.org.uk Published On :: Sun, 19 Aug 2018 23:00:00 +0000 Write to Recovery is celebrating four years in 2018. Erin Crombie (Group work facilitator) and John McCormack (Project Manager) from the Scottish Recovery Network give an update on the project four years on. We also hear from Audrey and Dorothea, who share their experiences of using Write to Recovery. Transcript of episode Music Credit: Make your dream a reality by Scott Holmes Full Article
recovery Can SDS support recovery from substance misuse? By feeds.iriss.org.uk Published On :: Thu, 15 Sep 2016 09:08:50 +0000 Pilotlight says 'Yes!'. Using a design approach, Pilotlight aims to demonstrate how to design support for seldom heard groups, provide more personalised and appropriate services and increase the marketplace of support providers. read more Full Article substance misuse Self-directed support
recovery Hawaii Introduces COVID-19 ‘Feminist Economic Recovery Plan’ By feedproxy.google.com Published On :: Fri, 01 May 2020 15:28:24 +0000 The Hawai’i State Commission on the Status of Women introduced a ‘feminist economic recovery plan’ that is designed to help women recover from the economic hardships created by the coronavirus pandemic. The plan is the first of its’ kind in the nation. The plan, called “Building Bridges, Not Walking on Backs: A Feminist Economic Recovery Plan for COVID-19,” centers women from the most marginalized groups that have been disproportionately affected by COVID-19. The plan not only proposes measures that will help aid in recovery from the economic fallout of the virus, but also introduces fundamental changes to the way women’s work is valued and compensated. “I have not seen any state or nation propose a feminist economic recovery, a recovery that explicitly centers women or attempts to counteract patriarchy,” said Khara Jabola-Carolus, executive director of the commission. “Even proposals from left movements in the U.S. are missing this. They are bold on race and class, but gender is taken for granted. People don’t seem to understand the fundamental role of patriarchy, and how to tie gender in with race and class. So, I turned to the people with real power — women organizing in our communities who are active inside […] Related posts: COVID-19 Small Business Loan Program Runs Out of Funds as Businesses Struggle Need for Universal Paid Sick and Family Medical Leave More Urgent Than Ever Majority of COVID-19 Related Job Loss Falls on Women and Minorities Full Article Economy Feminist Newswire Money coronavirus COVID-19 economic recovery feminism hawaii Hawaii Commission on the Status of Women indigenous women
recovery Utah economists expect a tough summer before a winter recovery, as 9,000 more file for unemployment By www.sltrib.com Published On :: Thu, 07 May 2020 21:56:22 +0000 Full Article
recovery Letter: President has jeopardized our recovery By www.sltrib.com Published On :: Fri, 08 May 2020 12:00:33 +0000 Full Article
recovery Chambers Ireland urges regional recovery programme By www.rte.ie Published On :: Fri, 08 May 2020 07:48:37 +0000 New research from Chambers Ireland shows that the tourism, hospitality, entertainment and local services sectors all show signs of having been particularly negatively hit by the outbreak of Covid-19. Full Article Business
recovery 4-drug combination may speed up coronavirus recovery, Hong Kong study finds By www.nydailynews.com Published On :: Sat, 09 May 2020 11:00:00 +0000 The cocktail includes three antiviral drugs and a different drug that boosts natural immune system chemicals. Full Article
recovery Op-Ed: For an alcoholic, virtual recovery meetings are not only possible; they have some advantages By www.latimes.com Published On :: Sat, 11 Apr 2020 06:00:52 -0400 Dispatch from the pandemic: Times of stress can be life or death for a recovering alcoholic or addict Full Article
recovery 4-drug combination may speed up coronavirus recovery, Hong Kong study finds By www.nydailynews.com Published On :: Sat, 09 May 2020 11:00:00 +0000 The cocktail includes three antiviral drugs and a different drug that boosts natural immune system chemicals. Full Article
recovery This L.A. banker thinks the New Deal can point the way to recovery By www.latimes.com Published On :: Fri, 8 May 2020 09:00:47 -0400 City National Bank Chairman Russell Goldsmith says the country could benefit from public spending on jobs training, telecommunications and infrastructure that recalls programs like the Civilian Conservation Corps. Full Article
recovery Coronavirus: Airline reports 'spike in bookings' in first sign of aviation recovery By www.independent.co.uk Published On :: 2020-04-20T08:25:00Z 'The line graph is trending upwards, haven't seen that in weeks,' said Cam Wallace, chief revenue officer Air New Zealand Full Article
recovery Mervyn King's brutal analysis of banking sector exposed in blow to coronavirus recovery By feedproxy.google.com Published On :: Sat, 09 May 2020 08:46:00 +0100 MERVYN KING, the former governor of the Bank of England, once issued a brutal analysis of the global banking system and argued for its reinvention, it can be revealed as the Government fine-tunes its economic response to the coronavirus pandemic. Full Article
recovery Evangelos Marinakis cleared of coronavirus after Arsenal boss Mikel Arteta's recovery By www.express.co.uk Published On :: Tue, 24 Mar 2020 09:20:00 +0000 Evangelos Marinakis is recovering from coronavirus two weeks after announcing his diagnosis. Full Article
recovery Fishers announces coronavirus recovery plan, would become 3rd city with health department By rssfeeds.indystar.com Published On :: Thu, 23 Apr 2020 18:28:02 +0000 Fishers Mayor Scott Fadness announced Thursday that the city will seek to establish its own health department. Full Article
recovery Coronavirus: Sickest patients face long recovery By www.bbc.co.uk Published On :: Fri, 08 May 2020 11:01:44 GMT People who feel so ill they needed treatment in intensive care can face a long recovery that may take months. Full Article
recovery Op-ed: Higher education plays role in Indiana's coronavirus recovery plan By rssfeeds.indystar.com Published On :: Sun, 03 May 2020 10:00:19 +0000 Higher education is prepared to play its part in a recovery that accelerates a stronger economy and personal opportunity, Teresa Lubbers writes. Full Article
recovery A Credit-fuelled Economic Recovery Stores Up Trouble for Turkey By feedproxy.google.com Published On :: Mon, 17 Feb 2020 13:47:40 +0000 17 February 2020 Fadi Hakura Consulting Fellow, Europe Programme LinkedIn Turkey is repeating the mistakes that led to the 2018 lira crisis and another freefall for the currency may not be far off. 2020-02-17-TurCB.jpg Headquarters of the Central Bank of the Republic of Turkey. Photo: Getty Images. Since the 2018 economic crisis, when the value of the lira plummeted and borrowing costs soared, Turkey’s economy has achieved a miraculous ‘V-shaped’ economic recovery from a recession lasting three quarters to a return back to quarterly growth above 1 per cent in the first three months of 2019.But this quick turnaround has been built on vast amounts of cheap credit used to re-stimulate a consumption and construction boom. This so-called ‘triple C’ economy generated a rapid growth spurt akin to a modestly able professional sprinter injected with steroids.This has made the currency vulnerable. The lira has steadily depreciated by 11 per cent against the US dollar since the beginning of 2019 and crossed the rate of 6 lira versus the US dollar on 7 February. And there are further warning signs on the horizon.Credit bonanzaStatistics reveal that Turkish domestic credit grew by around 13 per cent on average throughout 2019. The credit bonanza is still ongoing. Mortgage-backed home sales jumped by a record high of 600 per cent last December alone and the 2019 budget deficit catapulted by 70 per cent due to higher government spending.Turkey’s central bank fuelled this credit expansion by cutting interest rates aggressively to below inflation and, since the start of this year, purchasing lira-denominated bonds equivalent to around one-third of total acquisitions last year to push yields lower.Equally, it has linked bank lending to reserve requirements – the money that banks have to keep at the central bank – to boost borrowings via state and private banks. Banks with a ‘real’ loan growth (including inflation) of between 5 and 15 per cent enjoy a 2 per cent reserve ratio on most lira deposits, which authorities adjusted from an earlier band of 10-20 per cent that did not consider double-digit inflation.Cumulatively, bond purchases (effectively quantitative easing) and reserve management policies have also contributed to eased credit conditions.Commercial banks have also reduced deposit rates on lira accounts to less than inflation to encourage consumption over saving. Together with low lending rates, the boost to the economy has flowed via mortgages, credit card loans, vehicle leasing transactions and general business borrowings.Accordingly, stimulus is at the forefront of the government’s economic approach, as it was in 2017 and 2018. It does not seem to be implementing structural change to re-orient growth away from consumption towards productivity. In addition, governance is, again, a central issue. President Recep Tayyip Erdogan’s near total monopolization of policymaking means he guides all domestic and external policies. He forced out the previous central bank governor, Murat Cetinkaya, in July 2019 because he did not share the president’s desire for an accelerated pace of interest rate reductions.New challengesDespite the similarities, the expected future financial turbulence will be materially different from its 2018 predecessor in four crucial respects. Firstly, foreign investors will only be marginally involved. Turkey has shut out foreign investors since 2018 from lira-denominated assets by restricting lira swap arrangements. Unsurprisingly, the non-resident holdings of lira bonds has plummeted from 20 per cent in 2018 to less than 10 per cent today.Secondly, the Turkish government has recently introduced indirect domestic capital controls by constraining most commercial transactions to the lira rather than to the US dollar or euro to reduce foreign currency demand in light of short-term external debt obligations of $191 billion.Thirdly, the Turkish state banks are intervening quite regularly to soften Lira volatility, thereby transitioning from a ‘free float’ to a ‘managed float’. So far, they have spent over $37 billion over the last two years in a futile effort to buttress the lira. This level of involvement in currency markets cannot be maintained.Fourthly, the Turkish state is being far more interventionist in the Turkish stock exchange and bond markets to keep asset prices elevated. Government-controlled local funds have participated in the Borsa Istanbul and state banks in sovereign debt to sustain rallies or reverse a bear market. All these measures have one running idea: exclude foreign investors and no crisis will recur. Yet, when the credit boom heads to a downturn sooner or later, Turks will probably escalate lira conversions to US dollars; 51 per cent of all Turkish bank deposits are already dollar-denominated and the figure is still rising.If Turkey’s limited foreign reserves cannot satisfy the domestic dollar demand, the government may have to impose comprehensive capital controls and allow for a double digit depreciation in the value of the lira to from its current level, with significant repercussions on Turkey’s political stability and economic climate.To avoid this scenario, it needs to restore fiscal and monetary prudence, deal the with the foreign debt overhang in the private sector and focus on productivity-improving economic and institutional reforms to gain the confidence of global financial markets and Turks alike. Full Article