08
May
11:45
Turkey to enter recession, cheaper energy provides support
Turkey will fall into recession in 2020, with a -3.4% on-year contraction in GDP growth, the worst performance since the 2008/09 global financial crisis, according to Fitch Solutions.
Covid-19 lockdown measures and uncertainty over the virus spread could see this growth forecast revised down further in the coming weeks.
The projection is based on a gradual recovery in the global economy from the second half of 2020, and an easing of financing pressures on th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous