Turkey’s war with inflation: ‘Prices change daily and everyone is scared’
by Ruth Michaelson and Deniz Barış Narlı from on (#5Y87G)
Erdoan's quixotic policies are putting pressure on prices, but now fallout from Ukraine is pushing the country towards crisis
From behind the counter in a bakery in Kasmpaa, a working-class Istanbul neighbourhood, Mustafa Kafadar can see the orange, white and blue banners of Recep Tayyip Erdoan's Justice and Development party (AKP) as they blow in the spring breeze.
Kafadar has been wrenched out of retirement by Turkey's economic crisis - his pension is no longer enough to cover his basic expenses. Now he works shifts in the bakery, where he describes living from payday to payday while he sweeps crumbs off a tray.
Continue reading...