I was passing through Washington DC when I heard the news that Mr. Albarak and his entourage are in town to ask for investments in Turkey. Not a single person I met uttered a positive comment about his performance. Such a pity. Lira continues to fall, there is the decade long record of employment rate in the country and the son-in-law tries to manage the economy with no prior credentials in the field…
The Financial Times – Laura Pitel in Istanbul and Colby Smith in Washington – Apr 12, 9:15 AM
The Turkish lira stumbled on Friday after the country’s finance minister struggled to impress investors with his new economic reform programme on a visit to Washington. Fund managers and analysts crammed into a ballroom at the Park Hyatt hotel on
Turkey's unemployment rate hit its highest level since 2009 in January as the recession triggered by last year's currency crisis took its toll https://t.co/dwin00DkQw
— Laura Pitel (@laurapitel) April 15, 2019
Lira Falls as Erdogan Demands Probe of Istanbul Vote ‘Stealing’ President Recep Tayyip Erdogan intensified his push for a rerun of last month’s election in Turkey’s biggest city, fueling concerns that an authoritarian … |
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