Aruna

ecep Erdogan, president of Turkey, says his faith in Islam stops him from raising bank interest rates. His hard-line position sent the lira tumbling from one low to another; in the past three months it has lost half its value. In spite of a partial recovery, Turks are still saddled with an inflation rate so high that supermarket employees are barely able to keep up with changing labels. But Erdogan has not budged: “As a Muslim, I will continue doing what our religion tells us. This is the command.”