Erdogan’s Risky Geopolitical Pirouette. Turkey’s Economy in “Troubled Waters”

Turkey’s economy has been in increasingly difficult straits for months, especially since the failed July 2016 coup attempt. The latest move by President Recep Tayyip Erdoğan to fire his central bank head and replace him with a more amenable loyalist has already resulted in the largest one-time interest rate cut in the bank’s history. Will … Continue reading Erdogan’s Risky Geopolitical Pirouette. Turkey’s Economy in “Troubled Waters”