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Friday, March 15, 2013

Turkish energy: not enough storage | beyondbrics

Turkish energy: not enough storage
Mar 15, 2013 10:21am by David O'Byrne

There is an oft-repeated mantra used to help explain Turkey’s perennially problematic current account deficit: “A $10 rise in the oil price adds $4bn to the current account deficit and half a percentage point to the inflation rate”.

More:Turkish energy: not enough storage | beyondbrics