Daily Memo: Turkey’s Economic Outlook, India’s Defense Uptick

Despite good first quarter results, the rest of the year isn't looking great for the Turkish economy.

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Good news and bad for Turkey’s economy. Preliminary data shows the Turkish economy grew by 4 percent year over year in the first quarter of 2023, driven by an increase in consumer spending, gross fixed capital formation and government spending, as well as a boost in the services sector. However, the Turkish lira has again […]

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