Markets

Turkey has dived headfirst into a ‘steep’ and ‘deep’ recession

Turkey’s economy has most likely dived into a “steep” recession after the lira’s recent plunge, according to Capital Economics’ Jason Tuvey. The Turkish economy was in a weak state even prior to the most recent collapse in the currency, he added. Tuvey expects the Turkish economy to contract as much […]
Turkey has dived headfirst into a ‘steep’ and ‘deep’ recession