TURKEY Inflation and economic crisis are sinking the Turkish middle class

Growing climate of “austerity” in the country. Forecasts for 2022 promise a further rise in inflation, after the 36% recorded last year, a record figure since Erdogan came to power. In a nod to Islamic radicals, the government raises taxes on alcohol and tobacco, but causes another collapse in spending. Istanbul (AsiaNews) – The gradual … Read more