Turkey's central bank raises interest rates dramatically

Last night, the Central Bank of the Republic of Turkey raised interest rates (finally) to fight the fall in the lira and concomitant domestic inflation.  In this morning's Financial Times, Daniel Dombey explains the implications.  http://go.iu.edu/9QA

Has the Currency Crisis in Turkey (and Other Developing Nations) Begun?

Argentina's currency experienced a breathtaking drop last week, and this triggered a run out of many emerging market currencies - including the Turkish lira.  Turkey's risk of a currency crisis and "sudden stop" is the economic issue for our course, so it is important that we follow the developments.  The Financial Times' Weekend edition had five excellent articles that are must-reads.

http://go.iu.edu/9NU , http://go.iu.edu/9NV , http://go.iu.edu/9NW , http://go.iu.edu/9NX , http://go.iu.edu/9NY

Human Rights Watch 2014 Report on Turkey

http://www.hrw.org/world-report/2014/country-chapters/turkey

Police use water cannons on protestors

Istanbullus gathered on İstiklal Caddesi to protest Turkey's proposed Internet censorship laws.  The police, predictably, met the protestors with water cannons.

Clash of Values

The FT's Daniel Dombey gives a nice summary of the political and cultural conflicts in Turkey today.http://go.iu.edu/9CZ

Turkey Clamps Down on Internet

http://go.iu.edu/9CX

Is Turkey turning into Ukraine?

 Erdoğan's Grip Casts Rule of Law Into Question - FT  http://go.iu.edu/9CV