• Turkey’s Economy Slides Into Recession as High Rates Take Toll

    Source: Buzz FX / 29 Nov 2024 03:06:10   America/Chicago


    (Bloomberg) -- Turkey entered a technical recession in the third quarter, as high interest rates stifled growth by dampening industrial production and investment in the $1.3 trillion economy. Turkey’s economy shrank by 0.2% quarter-on-quart
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