vendredi 21 février 2014

Ottoman dream sours

20 février 2014

Posted by Acturca - Actuality ala turca in Economy / Economie, EU / UE, Turkey / Turquie, Turkey-EU / Turquie-UE. 
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The Daily Telegraph (UK) Thursday, February 20, 2014, p. B1
by Ambrose Evans–Pritchard
Turkey was to have been Europe’s last great hope
p. B2

Turkey highlights struggle facing emerging markets as politics go off the rails

Turkey is the first big domino to fall in emerging markets, a cautionary tale for investment tourists who came late to the party and skipped the political fine print.
Its catch–up growth spurt sputtered out in 2007. The consumption boom that followed has been driven by inflows of hot money, like the final bubbles in Ireland or Spain.
Its showcase Muslim democracy came off the rails when police opened fire last June on demonstrators in Istanbul’s Taksim Square and cities across the country, killing six and leaving 8,000 injured. Amnesty International decried human rights violations on a "huge scale".

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