Saturday, February 18, 2023

Earthquakes Weigh on Turkey’s Already Struggling Economy - WSJ

Earthquakes Weigh on Turkey’s Already Struggling Economy The quakes caused an estimated $84 billion in losses, the equivalent of about 10% of Turkey’s entire economy in 2022 KAHRAMANMARAS, Turkey—The earthquakes that devastated Turkey and Syria last week are heaping new stresses on the Turkish economy, posing a challenge for President Recep Tayyip Erdogan who is facing an election this year. More:Earthquakes Weigh on Turkey’s Already Struggling Economy - WSJ