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Monday, March 11, 2019

Turkey's economy tips into recession as lira crisis bites | Reuters

Turkey's economy tips into recession as lira crisis bites
Daren Butler, Ezgi Erkoyun

ISTANBUL (Reuters) - Turkey’s economy contracted a sharper than expected 3.0 percent in the fourth quarter of 2018, its worst performance in nearly a decade and a clear sign that last year’s lira crisis has tipped it into recession.

More:Turkey's economy tips into recession as lira crisis bites | Reuters