Turkey

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After a volatile May, Turkish markets welcomed the new month despite growing concerns over the possibility of a further rise in US interest rates and larger than expected increases in domestic inflation.
After a rough couple of weeks, Turkey is facing criticism by economists and investors as the country faces mounting political and economic challenges.
Declining numbers of arrivals are now prompting Turkey's tourism chiefs to try and lure a new type of visitor - the Arab tourist.
With the green light now given to a project to build a new pipeline across Turkey, the country has taken a further step towards answering an environmental problem.
On the back of controversy surrounding the announcement of Iran's enriched uranium programme, Turkey has also been looking for ways to secure its own nuclear energy supplies.
After a year of good returns, this week sees Turkey's white goods sector gearing up for the initial public offering (IPO) of one of its leading manufacturers.

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