Turkey Produces Some Hard Currency Opportunities, Says Horatius Fund's CEO

The video discusses the Central Bank's recent pivot in tone, emphasizing the need for more evidence before making moves. It highlights Turkey's strong economic recovery and its strategic positioning in the Middle East, presenting it as a lucrative investment opportunity. The discussion then shifts to Venezuela, noting the potential for significant investment opportunities despite current uncertainties and the need for political change.

What recent change did the Central Bank make in its approach?

• It decided to lower interest rates.

• It emphasized the need for more evidence before acting.

• It increased the money supply.

• It focused on reducing inflation.

How has Turkey repositioned itself in the Middle East?

• By forming a new alliance with Iran.

• By distancing itself from Saudi Arabia.

• By returning to a strategic position post-Khashoggi events.

• By increasing its military presence in the region.

What is a significant economic opportunity in Turkey?

• Investing in Turkish real estate.

• Hard currency investments through international conglomerates.

• Agricultural exports.

• Tourism development projects.

What is the current situation in Venezuela regarding investment?

• It is similar to the situation in Turkey.

• The government is actively encouraging foreign investment.

• There is significant uncertainty, making it risky.

• It is a stable environment for immediate investment.

What needs to happen in Venezuela for investment opportunities to become viable?

• The currency must be devalued.

• The economy must stabilize.

• The government must lower taxes.

• The military must change its stance.