Turkey’s economic crisis coincides with new diplomatic initiatives

Finding solutions: Turkey and the UN are pursuing diplomacy to end Ukraine war while Ankara is considering rapprochement with Syria and mending ties with Israel.
Erdogan and Zelenskyy
Turkish President Recep Tayyip Erdogan (L) and Ukrainian President Volodymyr Zelensky give a press conference following the talks with UN Secretary-General Antonio Guterres in Lviv on Aug. 18, 2022. - DIMITAR DILKOFF/AFP via Getty Images
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Week in Review
@AlMonitor

As economy struggles, Erdogan pursues foreign-policy achievements 

Turkey’s economy remains in a bad place. Just how bad? The country again lowered interest rates despite inflation reaching surging to an annualized 79% in July, Adam Lucente reports.

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