Economic moves. Turkey announced that it will increase the monthly minimum wage by 34 percent beginning July 1 amid rising inflation. It’ll be the second hike this year, bringing the minimum wage to 11,402 lira ($483) per month. Also on the economic front, Turkey’s central bank is reportedly considering doubling interest rates to 17 percent […]
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Daily Memo: Turkey’s Economic Changes, Chinese Energy Deals
Beijing secured a major gas deal with a Gulf state.
