Daily Insider: Cheap holiday destination for South Africans, courtesy of economic ignorance
Turkey is a wonderful destination for South African tourists who will be amazed at how far their Rands will now travel.
Turkey is a wonderful destination for South African tourists who will be amazed at how far their Rands will now travel.
We’ve talked before about the Rand’s unexpected resilience in the face of a crisis in emerging market currencies. But as South Africa ponders a path to growth, the crisis in Turkey holds some important lessons – and some important warnings.
Donald Trump says the US will only come to the aid of NATO members attacked by Russia after reviewing whether those nations “have fulfilled their obligations to us.”
The attempted coup by a faction of Turkey’s armed forces on Friday failed for many reasons, including divisions among the military and repeated missteps by the plotters.
Already embroiled in Syria’s war, Friday’s failed plot to topple President Recep Tayyip Erdogan risks shattering what’s left of Turkey’s image as a stable country.
The crushing loss of the seemingly-assured majority of his AK Party, leaves President Recep Erdogan facing massive anxiety.