A cut-rate theory: Turkey’s currency spiral

The countries have a decades-long relationship—debt freely given in one direction and plenty of oil sold in the other. Yet America’s intervention has served as a reality check on China’s power in Venezuela and elsewhere. Our World Ahead series examines the risks to the American d ...  Afficher plus

America’s National Security Strategy, released a month ago, suggested the administration’s focus was on dominance of the western hemisphere. But no one expected its first move would be a special-forces raid to depose President Nicolás Maduro. What is next comes with grave risks. ...  Afficher plus

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 ...