City commuters cross the Bosporus Strait on a passenger ferry flying Turkey’s national flag from its stern in Istanbul, Turkey. (Photographer: Ismail Ferdous/Bloomberg)
Turkey Is Heading for Economic Collapse, Ashmore Says
(Bloomberg) -- President Recep Tayyip Erdogan risks pushing Turkey’s economy into an economic collapse similar to those seen in Latin America under populist regimes, according to Ashmore Group Plc.