Turkey Key Analysis

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Energy To Keep External Deficit Wide

Despite a sharp slowdown in domestic demand, Turkey's current account deficit will remain uncomfortably high in 2014 at 6.0% of GDP due to relatively inelastic demand for imported energy. Turkey will...

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Rate Hikes Wont Halt Lira Slide

Facing a crisis of confidence and destabilising pace of lira depreciation as a domestic political crisis unfolded (see 'Major Implications Of AKP Rift', December 19) amidst waning global demand for...

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