News analysis

Turkey's Erdogan fast running out of options

Despite taking a tough stance, Turkish President cannot risk retaliating as it could hurt the country's economy

Here is a tip for those looking for a holiday deal: Go to Turkey. There might be more bang for your buck.

The Turkish economy, which grew by 7.4 per cent last year - better than India and China - is picking up speed, but only because it is going downhill.

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A version of this article appeared in the print edition of The Straits Times on August 15, 2018, with the headline 'Turkey's Erdogan fast running out of options'. Print Edition | Subscribe