Welcome back! Summer is quickly approaching and as people in Istanbul prepare to escape the city’s notorious traffic – which is costing the economy a staggering $7 billion a year – they are in for sticker-shock, as coastal seasonal rentals rival the price of buying an apartment in the city.
For those whose pocketbooks can’t handle that type of extravagance, there’s the questionable alternative of diving into Lake Van, where historical graves have become the latest target of treasure hunters. Or maybe just go camping.
In this week’s edition:
Turkish monthly inflation rises
Threat of interest rate decision delay
FDI: Cash flow monitor
This week’s stat round-up
