For those not keeping up: this is the fallout from Erdogan ignoring economics and keeping interest rates low for years; only in the past year or so having conceding to reality and finally letting rates rise. They’ll likely continue suffering fallout from his prior stance on interest rates for the remainder of the decade.
Turkey's inflation passes 75% in what economists believe is peak (www.cnbc.com)
KEY POINTS...
A GOP Texas school board member campaigned against schools indoctrinating kids. Then she read the curriculum. (www.texastribune.org)
Biden left without an easy solution as campus protests heat up (www.cnn.com)