Turkey needs a better PowerPoint
By: Colby Smith
Just days before last weekend's all-important local elections, Turkish authorities took "extreme" measures to shore up the country's currency by squeezing short sellers. With the lira already having lost a third of its value against the dollar last year, and with annual inflation remaining stubbornly around 20 per cent, President Recep Tayyip Erdogan and his AKP party feared that any additional weakening could cost votes.
More:Turkey needs a better PowerPoint | FT Alphaville
