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Turkey is still recovering from the huge earthquake that hit a year ago. U.S. funding is helping some companies rebuild.
Recently re-elected President Erdogan’s appointments to top government positions may signal a return to normal economic policy.
In 2021, the Istanbul Political Research Institute found that 12% of Turks over 65 were still working, in part because pensions are not adequate.
In the Turkish city of Antalya, an influx of foreign buyers have exacerbated existing housing affordability woes.
Voters will head to the polls on Sunday for the most crucial election in a generation as households continue to deal with inflation.
One reason to give cash: It empowers people to buy what they need, not what aid groups think they need.
The Treasury Department has temporarily OK’d relief transactions. But most major money transfer companies won’t remit aid from the U.S. to Syria.
“We feel super rich,” one visiting couple said.
A package of eggs recently jumped 60% in a week at one grocery store. Many economists fault the Erdoğan government’s policies.
“When you’re faced with a disaster, the sun does come up the next day,” says Sam Greenberg of Greenberg Smoked Turkeys.