Turkey's Erdogan Names Son-in-Law as Economy Chief

The video discusses the appointment of Barites Albayrak, President Erdogan's son-in-law, to a new ministry combining Treasury and Finance in Turkey. This move has created uncertainty among investors, who are familiar with Albayrak's energy policies but not his economic strategies. The video also covers changes in the Central Bank's governance under the new presidential system, highlighting the President's increased control over appointments. Despite concerns, the term for the Central Bank governor is reduced to four years, with deputies having job security during this period. The video emphasizes the potential market impact of these developments.

What is the significance of Barites Albayrak's appointment in relation to the Turkish economy?

How did investors react to the uncertainty created by Albayrak's previous energy policies?

In what way does President Harden's authority over the Central Bank differ from previous systems?

What changes were made to the term of the central bank governor under the new government decree?

What are the implications of President Azwan's views on high interest rates for future economic policies?