What the sliding lira and economy mean for Turkey’s banks
Keep an eye on foreign funding and bad loans
THESE are glorious days at Recep Tayyip Erdogan Stadium, a tidy 14,000-seat football ground perched on a steep hillside in the Kasimpasa district of Istanbul—and named after a local lad who became president. Kasimpasa SK are top of the Super Lig, Turkey’s top division, having won their first four games of the season.
This article appeared in the Finance & economics section of the print edition under the headline “Offside”
Finance & economics September 15th 2018
- America is pushing the labour market to its limits
- What the sliding lira and economy mean for Turkey’s banks
- Hyperinflation is hard to grasp, harder still to tolerate
- Colombia’s development bank has brought in private-sector discipline
- Money managers and charities are offering joint investment products
- Markets are suffering from a nasty bout of millenarianism
- As regulators circle, China’s fintech giants put the emphasis on tech
- Tariffs may well bring some high-tech manufacturing back to America
From the September 15th 2018 edition
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