Turks hunt for vanishing drugs in currency crisis

A customer buys medicines at a pharmacy in the Turkish capital Ankara on Dec. 13, 2021. (Photo by Adem Altan / AFP)
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Updated 19 December 2021
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Turks hunt for vanishing drugs in currency crisis

  • President Erdogan's “economic war of independence” has accelerated Turkey's currency collapse

ANKARA: Fatih Yuksel is one of thousands of Turks rushing from one pharmacy to another in search of imported drugs that are disappearing as quickly as the lira is losing value.
“Sometimes I have periods where I don’t have the drugs I need and my illness gets worse. I suffer pains,” said the 35-year-old, who has been taking pills to relieve a rare autoimmune disorder known as Behcet’s syndrome, for the past nine years.
“It can be hard but I have to work,” said the shop attendant.
Turks have been rattled by a currency collapse that accelerated when President Recep Tayyip Erdogan last month launched a self-declared “economic war of independence” that defies conventional market theory.
The veteran Turkish leader is trying to fight spiralling inflation by bringing down borrowing costs — the exact opposite of what countries usually do in similar situations.
The results have been frightening for people such as Yuksel.
The Turkish currency has lost more than 40 percent of its value since the start of November alone. A lira could buy 13 US cents in January. It was worth less than half that this month.
The crisis has wiped out the value of people’s savings and made basic goods prohibitively expensive, plunging swathes of the population below the official poverty line.
It has also made a whole gamut of imported drugs for a range of illnesses — from diabetes to cancer, heart disease to flu — nearly impossible to find across Turkey’s 27,000 pharmacies.

Drug makers blamed

Turkish Health Minister Fahrettin Koca has deflected the blame, accusing drugs manufacturers of “trying to sell expensive drugs to Turkey.”
“News that ‘medicines cannot be found in Turkey’ is not based on reality,” said Koca.
Vedat Bulut, the Turkish Medical Association’s secretary general, said it was “pitiless” to accuse companies of trying to sell expensive drugs when the lira had lost so much value.
Medical professionals said a long-term solution involved developing Turkey’s health industry to wean it off its dependence on imports.
But today, pharmacists describe receiving heart-rending notes from patients on messaging apps with photographs, pleading to know where they can find their medication.
The Turkish Pharmacists’ Association said in November that 645 drugs were affected but as the situation grew worse, pharmacist Berna Yucel Mintas told AFP around 1,000 medicines were difficult to find.
“The situation deteriorated because of the lira,” said Taner Ercanli, head of Ankara Chamber of Pharmacists.
“Imagine it like a fire, and gasoline was poured over it.”

Pharmacists seek reassessment

Part of the problem stems from the way Turkey procures medications.
The health ministry sets the standard price for drugs every February based on an exchange rate agreed by the government.
It set an exchange rate of 4.57 lira to the euro for this year. But it now takes nearly 20 liras to buy a euro on the market.
That meant drug manufacturers had “unfortunately” decided against selling medicines to Turkey, Ercanli said, because they made more money in other markets.
Pharmacists want the government to reassess drug prices against the euro at least three times a year.
But there are wider problems.
Global supply chain bottlenecks caused by the coronavirus pandemic have resulted in jumps in the price of most raw materials, which make domestically produced medicine more expensive.
Turkish drug suppliers are also angry with the government over delayed payments, which are doubly painful as these are settled in liras according to the exchange rate agreed at the time.
Employers’ associations warn some companies will be forced to close.

Children’s syrups have been especially hard to find, as grandfather Emin Durmus discovered while trying to treat his five-year-old grandson’s cough.
“They don’t have that medicine so I go back and get a new prescription. Then I come to this pharmacy and that drug is also not available,” said Durmus, 62.
Erkan Ozturk, who manages a private medical center in Ankara, described similar issues finding drugs to address fever, nausea and stomach aches.
“There are major sourcing issues for drugs used to lower children’s temperatures,” the center’s chief doctor said.
“We’re starting to not be able to find medicines needed to treat diabetes, hypertension, asthma and chronic obstructive pulmonary disease,” pharmacist Gokberk Bulmus said.
“This is going toward becoming a drugs shortage. Whatever is left in our hands, this is all of our stock because we can’t replace it.”


UAE FM discusses Gaza with Israel’s opposition leader

Updated 40 min 17 sec ago
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UAE FM discusses Gaza with Israel’s opposition leader

  • Sheikh Abdullah stressed the need to restart talks on the two-state solution in Palestine

ABU DHABI: The UAE’s Foreign Minister Sheikh Abdullah bin Zayed Al-Nahyan held discussions on developments in Gaza with Israel’s opposition leader Yair Lapid in Abu Dhabi recently, Emirates News Agency reported on Thursday.

During the meeting, Sheikh Abdullah stressed the need to restart talks on the two-state solution in Palestine, which he said would ensure permanent regional peace and security.

He called for additional efforts to reach an immediate ceasefire in Gaza, which would prevent the conflict spreading to the rest of the region.

Sheikh Abdullah added that it was important for aid to reach Gaza, and that the lives of civilians should be protected.


Palestinian security force kills Islamic Jihad gunman in rare internal clash

Updated 02 May 2024
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Palestinian security force kills Islamic Jihad gunman in rare internal clash

  • Al-Foul was “treacherously ... targeted in his car” without provocation, the brigades said in a statement. “This crime is just like any assassination by Israeli special forces.”

RAMALLAH: Palestinian security officers killed a gunman in the occupied West Bank on Thursday, a rare intra-Palestinian clash whose circumstances were disputed and which the fighter’s faction described as an Israeli-style “assassination”.
Palestinian Authority security services spokesperson Talak Dweikat said a force sent to patrol Tulkarm overnight came under fire and shot back, hitting the gunman. He died from his wounds in hospital.
Videos circulated online, and which Reuters was not immediately able to confirm, showed a car being hit by gunfire.
A local armed group, the Tulkarm and Nour Shams Camp Brigades, claimed the dead man, Ahmed Abu Al-Foul, as its member with affiliation to the largely militant group Islamic Jihad.
Al-Foul was “treacherously ... targeted in his car” without provocation, the brigades said in a statement. “This crime is just like any assassination by Israeli special forces.”
President Mahmoud Abbas’ PA wields limited self-rule in the West Bank, and sometimes coordinates security with Israel.
Parts of the territory have drifted into chaos and poverty, with the PA and Israel trading blame, especially since ties have been further strained by Israel’s offensive in Gaza.
Hamas, an Islamic Jihad ally which rules the Gaza Strip and has chafed at Abbas’ strategy of seeking diplomatic accommodation with Israel, denounced “the attacks by the PA’s security forces on our people and our resistance fighters”.
Palestinian security forces and gunmen have exchanged gunfire several times in the last year, but deaths are rare.


EU offers $1 bln in economic, security support to Lebanon

Updated 28 min 43 sec ago
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EU offers $1 bln in economic, security support to Lebanon

  • The funds would be available from this year until 2027
  • Von der Leyen said the support package would help bolster basic services in Lebanon, including health and education

BEIRUT: The European Union has offered Lebanon a financial package of 1 billion euros ($1.07 billion) to support its faltering economy and its security forces, European Commission President Ursula von der Leyen said on Thursday during a visit to Beirut.
Von der Leyen said the support package would help bolster basic services in Lebanon, including health and education, though she added that it was crucial for Beirut to “take forward economic, financial and banking reforms” to revitalize the business environment and banking sector.
Speaking alongside Lebanon’s Prime Minister Najib Mikati and Cypriot President Nikos Christodoulides, she said security support to the Lebanese army, the internal security forces and General Security would be focused on providing training, equipment and infrastructure to improve border management.
Lebanon’s economy began to unravel in 2019 after decades of profligate spending and corruption. However, vested interests in the ruling elite have stalled financial reforms that would grant Lebanon access to a $3 billion aid package from the International Monetary Fund.
As the crisis has been allowed to fester, most Lebanese have been locked out of their bank savings, the local currency has collapsed and public institutions — from schools to the army — have struggled to keep functioning.
In parallel, Lebanon has seen a rise in migrant boats taking off from its shores and heading to Europe – with nearby Cyprus and increasingly Italy, too, as the main destinations, researchers say.


Iran slaps sanctions on US, UK over Israel support

Updated 02 May 2024
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Iran slaps sanctions on US, UK over Israel support

  • Sanctions targeted seven Americans
  • British officials and entities targeted include Secretary of State for Defense Grant Shapps

TEHRAN: Iran announced on Thursday sanctions on several American and British individuals and entities for supporting Israel in its war against the Palestinian militant group Hamas.
The Islamic republic, the regional arch-foe of Israel, unveiled the punitive measures in a statement from its foreign ministry.
It said the sanctions targeted seven Americans, including General Bryan P. Fenton, commander of the US special operations command, and Vice Admiral Brad Cooper, a former commander of the US Navy’s Fifth Fleet.
British officials and entities targeted include Secretary of State for Defense Grant Shapps, commander of the British army strategic command James Hockenhull and the UK Royal Navy in the Red Sea.
Penalties were also announced against US firms Lockheed Martin and Chevron and British counterparts Elbit Systems, Parker Meggitt and Rafael UK.
The ministry said the sanctions include “blocking of accounts and transactions in the Iranian financial and banking systems, blocking of assets within the jurisdiction of the Islamic Republic of Iran as well as prohibition of visa issuance and entry to the Iranian territory.”
The impact of these measures on the individuals or entities, as well as their assets or dealings with Iran, remains unclear.
The war in the Gaza Strip erupted after the October 7 attack by Palestinian militants on Israel which killed 1,170 people, mostly civilians, according an AFP tally based on official Israeli figures.
Iran backs Hamas but has denied any direct involvement in the attack.
Israel’s retaliatory offensive against Hamas has since killed at least 34,568 people in Gaza, mostly women and children, according to the Hamas-run territory’s health ministry.


12-truck UAE aid convoy enters Gaza Strip

Updated 02 May 2024
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12-truck UAE aid convoy enters Gaza Strip

  • UAE has also sent Palestinians food, water via sea, air
  • Emirates has provided medical treatment for thousands

Al-ARISH: A UAE aid convoy entered the Gaza Strip on Wednesday via Egypt’s Rafah Crossing Point as a part of the country’s “Operation Chivalrous Knight 3” project to support the Palestinian people, UAE state news agency WAM reported on Thursday.

The 12-truck convoy is transporting over 264 tonnes of humanitarian aid including food, water and dates.

The latest convoy now brings to 440 the number of trucks that have been used for support efforts.

As of May 1, 2024, the UAE has now provided the Palestinians 22,436 tonnes of aid, which has included the deployment of 220 cargo planes and three cargo ships. The goods pass through Al-Arish Port and the Rafah crossing into Gaza.

These efforts are a part of the “Birds of Goodness” operation, which involves aerial drops of humanitarian supplies. By Wednesday, 43 drops have been conducted, delivering a total of 3,000 tonnes of food and relief materials to inaccessible and isolated areas in Gaza.

Since its establishment, medical staffers at the UAE’s field hospital in Gaza have treated more than 18,970 patients. An additional 152 patients were evacuated to the UAE’s Floating Hospital in Al-Arish Port, and 166 to the UAE for treatment.

The UAE has set up six desalination plants with a production capacity of 1.2 million gallons per day to support the people in Gaza.