A cut-rate theory: Turkey’s currency spiral

As Israel continues to pound Iran and expands its offensive against Hizbullah in Lebanon, there are rumblings of disunity with America over the path and goal of the conflict. Why now is the time to buy rubbish stocks. And celebrating the life of grand-clown Philippe Gaulier. Gues ...  Show more

Iran continues to retaliate against attacks with ferocity. Though many of its ballistic missile facilities have been razed, its vast drone armoury is powerful and destructive. Who will benefit from India’s boom in data centres? And why giant board games are not child’s play. Gues ...  Show more

Despite the opposition’s lead in the pre-election polls, the incumbent president seems to have performed better than expected. What does a <a href="https://www.economist.com/europe/2023/05/14/recep-tayyip-erdogan-leads-his-challenger-as-turkey-votes?utm_campaign=a.io&utm_mediu ...

President Recep Tayyip Erdogan’s <a href="https://www.economist.com/europe/2021/12/21/turkeys-president-launches-a-plan-to-shore-up-his-plummeting-currency?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shown ...

Recep Tayyip Erdogan has again <a href="https://www.economist.com/europe/2023/05/28/recep-tayyip-erdogan-is-re-elected-as-turkeys-president?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_artic ...

President Recep Tayyip Erdogan just does not like interest-rate rises. So he has again <a href="https://www.economist.com/europe/2021/03/22/turkey-faces-a-currency-crisis-after-erdogan-sacks-his-central-banker?utm_campaign=the-intelligence&utm_medium=podcast&utm_source=third-p ...