Turkey’s ‘covert’ interest payments on course to exceed regular ones (Al Monitor, August 23, 2022)ust
The compensations — or “covert” interest — that Ankara pays to depositors under a scheme to curb…
A much-hyped project for a Turkish-brand electric car has dominated Turkey’s agenda in recent days, along with a similarly sensational plan for an artificial waterway as an alternative to the Bosphorus. The viability of the car project remains dubious despite the global automotive trend toward electrification, with many convinced that the ruling Justice and Development Party (AKP), under growing strain since electoral losses last year, is merely seeking political gain.