Wednesday, August 27, 2008

Big Turkish Weddings Ravaged by Runaway Inflation Erdogan Abets

"Big Turkish Weddings Ravaged by Runaway Inflation Erdogan Abets

By Steve Bryant and Ben Holland

Aug. 27 (Bloomberg) -- At Denizati, a bakery in Turkey's capital city of Ankara, customers can no longer afford the top-priced cream and pistachio wedding cakes because of high food and fuel prices. As the cost of flour and sugar has more than doubled since 2007, the family owned bakery has had to fire 4 of its 15 employees."

More:Bloomberg.com: Worldwide