Turkey unrest tests larger Emerging Markets growth

Last week's failed coup has thousands in detention, including military personnel and judges, and hundreds dead.

From the market's perspective, the stock market dropped 8 per cent with a sharp rise in bond yields and an unsteady lira.

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This week, the market bounced back 2 per cent, yet the longevity of the rally remains to be seen.

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Tourism, one of the country's economic mainstays, is down this year as many stay away due to concerns over terror and instability.

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Read more at the Financial Times.