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Wednesday, September 02, 2015

Turkey G20 presidency becomes casualty of turmoil

Turkey G20 presidency becomes casualty of turmoil

When Turkey took over the helm of the G20 this year, it hoped to promote an image of an emerging economic power forging a strategy to tackle sluggish global growth and giving low-income nations a stronger voice.
But as G20 finance ministers and central bankers meet in Ankara this week, such aspirations seem unlikely to be realised. Political upheaval at home and conflict on its borders have diverted its attention and left Turkey looking anything but a model emerging market.

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