Turkey's economic tailspin lingers
Even before the pandemic began, Turkey's economy was on the slide and the virus hit final nail in the coffin. As the country endures second wave of infections, citizens are overwhelmed by debt and poverty has worsened. The country had been dealing with a falling currency and double-digit inflation for over two years now. Global agencies say Erdogan tightening his powers had an adverse impact on the economy and country's growth. Authorities have also neglected the extent of outbreak and its impact, which led to delay in effective response in the initial stages. Read