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Tuesday, December 13, 2016

At a tipping point: a currency crisis roils Turkey's economy

At a tipping point: a currency crisis roils Turkey's economy
Elizabeth MacBride | @editoremacb

Turkey's $720 billion economy rebounded surprisingly quickly after the coup last summer, but that may be about to change as political turmoil grows, the lira drops and foreign direct investment dries up. This weekend, the country was roiled again by bomb attacks that killed 38 people and wounded 155 outside a soccer stadium in Istanbul.

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