Turkey's President Erdogan declares 3-month state of emergency for quake-hit regions
Publishing timestamp: 2023-02-07 10:01:41
Summary
Two earthquakes with magnitudes of 7.8 and 7.5 on the Richter scale have caused devastation in Turkey and Syria, with a death toll of over 5100 and thousands still missing and injured. Rescue efforts are underway, with Turkey's government deploying 25000 search and rescue personnel, and countries around the world pledging aid. A winter storm has added to the crisis, and a state of emergency has been declared in 10 of Turkey's provinces. Questions are being raised as to why more precautionary measures were not taken in areas like building codes.
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Keywords: natural disasters, united states, turkey, emerging markets, syria, joe biden, us dollar/turkish lira fx spot rate, politics, business news, breaking news: europe, recep tayyip erdogan, dxy us dollar currency index,