Erdogans

The Costs Of Erdogan’s Fight For Turkey’s ‘Economic Independence’

Turkey’s consumer prices have soared by the highest rate since 2002, further undermining President Recep Tayyip Erdogan’s unorthodox battle for his developing country’s “economic independence”. Analysts attribute the jump of the official reading to 36.1 percent last month to the surging cost of imports, which range from energy to many of the raw materials Turkey’s …

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Erdogan’s central bank overhaul set up slower growth, higher inflation, economists say

FILE PHOTO: Turkish President Tayyip Erdogan addresses his supporters during the Grand Congress of his ruling AK Party in Ankara, Turkey, March 24, 2021. REUTERS/Umit Bektas/File Photo April 8, 2021 By Ali Kucukgocmen ANKARA (Reuters) – Turkish President Tayyip Erdogan set the stage for higher inflation and slower economic growth when he sacked a well-respected …

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