Thursday, May 05, 2016

Turkey's last shreds of balance are disappearing - Chicago Tribune

Turkey's last shreds of balance are disappearing
Marc Champion, (c) 2016, Bloomberg View(c) 2016, Bloomberg View

In the beginning, nearly 14 years ago, Recep Tayyip Erdogan chose a team of smart and qualified people to run Turkey with him. He now appears set to force out one of the last of that group -- Prime Minister Ahmet Davutoglu -- and replace him with someone more pliant. This is disastrous for Turkey, as financial markets have recognized.

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