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Saturday, January 14, 2012

Feeling cash crunch, Turkey scraps bridge project

Feeling cash crunch, Turkey scraps bridge project
By DAVID ROSENBERG / THE MEDIA LINE
01/14/2012 17:41

In a sign of how the unfolding global finance crisis is putting the country’s miracle economy at risk, Turkey was forced this week to rescind a tender for a marquee highway project that would have spanned the Bosporus Strait between Europe and Asia with a third bridge.

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