Erdoğan, Trump, and the Strongman Politics Devastating Turkey’s Economy

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The usually bustling open market in the Kadıköy district of Istanbul was half full on Sunday.

Shop owners had increased their prices twenty per cent over the past two weeks.

  • Fariba Nawa
  • The New Yorker

The cost of a package of eggs had risen by fifty per cent in a week; the price of bananas imported from Latin America had doubled.

Fare 2bAynur Keskin, a homemaker with two school-aged children, bought a few items and shook her head, dismayed at the rising inflation, a result of the country’s ailing economy and the plummeting Turkish lira.

“I was thinking of going abroad for a holiday, but that’s a…

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