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Thursday, July 18, 2019

TURKEY Financial volatility and political uncertainty crush the Turkish economy

Financial volatility and political uncertainty crush the Turkish economy

For the first time in a decade experts suggest a contraction of 1.5%.  For the following year, a slight trend reversal, with growth of just over 2%.  Analysts highlight the risk of "recession with double relapse".  Fears for the central bank's independence.

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