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1. www.nytimes.com › 2021/12/14 › businessHow Did Turkey’s Economy Go So Wrong? - The New York Times

   www.nytimes.com › 2021/12/14 › business

   Dec 14, 2021 · Even before the pandemic, Turkey was trying to ward off financial meltdown. The crisis has accelerated as President Recep Tayyip Erdogan has doubled down on his unorthodox policies.

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3. www.ft.com › content › 3d63a7e0-23a1-4a84/8867/20e7Turkey’s inflation crisis rages a year into economic turnaround

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   May 22, 2024 · Turkey’s central bank said earlier this month that it expected the annual inflation rate to fall to 38 per cent by the year end after peaking at about 75 per cent this month. But a central bank...

4. www.bbc.com › news › business-59857420Turkey's inflation hits 36% amid financial turmoil - BBC

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   Jan 3, 2022 · Turkey's annual inflation rate has soared to a 19-year high, underlining the country's financial turmoil and alarm over its president's policies. Prices hit more than 36% December as the...

5. www.reuters.com › markets › rates-bondsTurkey's currency crisis deepens after Erdogan's latest rate cut

   www.reuters.com › markets › rates-bonds

   Dec 17, 2021 · ISTANBUL, Dec 17 (Reuters) - Turkey's currency crisis accelerated on Friday as the lira plunged 8%, gripped by fears of an inflationary spiral brought on by President Tayyip Erdogan's...

6. www.aljazeera.com › economy › 2021/11/30Turkey’s economy grows 7.4% in Q3, but lira crisis risks mount

   www.aljazeera.com › economy › 2021/11/30

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   Nov 30, 2021 · Turkey’s economy powered ahead of most of its peers in Q3, but soaring inflation and a currency crisis could pose a threat to that recovery.

7. en.wikipedia.org › wiki › Turkish_economic_crisisTurkish economic crisis (2018–current) - Wikipedia

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   The Turkish economic crisis (Turkish: Türkiye ekonomik krizi) is a financial and economic crisis in Turkey. It is characterized by the Turkish lira (TRY) plunging in value, high inflation , rising borrowing costs , and correspondingly rising loan defaults .

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   Is Turkey trying to ward off financial meltdown?

   • Even before the pandemic, Turkey was trying to ward off financial meltdown. The crisis has accelerated as President Recep Tayyip Erdogan has doubled down on his unorthodox policies. People lined up to purchase bread in Istanbul, Turkey, last week. Umit Bektas/Reuters The signs of Turkey’s disastrous economy are all around.

   How Did Turkey’s Economy Go So Wrong? - The New York Times

   www.nytimes.com/2021/12/14/business/economy/turkey-inflation-economy-lira.html

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   Will Turkey's economic growth increase in 2021?

   • The program is expected to lower economic growth substantially in the short term (from a previous forecast of 5.5% to 3.8% in 2018 and 2.3% in 2019) but with a gradual growth increase by 2021 towards 5%. Turkey has experienced substantially higher inflation than other emerging markets.

   Turkish economic crisis (2018–current) - Wikipedia

   en.wikipedia.org/wiki/Turkish_economic_crisis_(2018–current)

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   Is Turkey's currency crisis outstripping its currency crisis?

   • The rapid and staggering market meltdown has outstripped Turkey’s currency crisis in 2018, which sparked a deep but brief recession. Turkey’s dollar-denominated sovereign bonds faced pressure, with some longer-dated issues down as much as 1.3 cents, according to Tradeweb.

   Turkey's currency crisis deepens after Erdogan's latest rate cut

   www.cnbc.com/2021/12/17/turkeys-currency-crisis-deepens-after-erdogans-latest-rate-cut.html

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   Why did Turkey suspend stock trading in 2022?

   • "Turkey suspends stock trading as currency strain spreads through markets". Financial Times. Archived from the original on 1 January 2022. Retrieved 20 December 2021. ^ Erkoyun, Ezgi; Devranoglu, Nevzat (20 December 2021). "Lira skids to new low after Erdogan cites Islamic usury". Reuters. Archived from the original on 21 January 2022.

   Turkish economic crisis (2018–current) - Wikipedia

   en.wikipedia.org/wiki/Turkish_economic_crisis_(2018–current)

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9. www.cnbc.com › 2021/12/17 › turkeys-currency-crisisTurkey's currency crisis deepens after Erdogan's latest rate cut

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   Dec 17, 2021 · Turkey’s currency crisis accelerated on Friday as it plunged 8% to a new record low, gripped by concerns over an inflationary spiral brought on by President Tayyip Erdogan’s unorthodox plan to...