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Turkey falls into recession as interest rates remain sky-high (www.euronews.com)

submitted 8 months ago by mc900ftJesus@lemy.lol to c/world@quokk.au

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Turkey’s economy shrank 0.2% quarter-on-quarter in the period from July to September, said the Turkish Statistical Institute on Friday. This comes after a decline of the same scale in the second quarter of the year, confirming that the economy is in recession.

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