Currency Crisis - Argentina Austerity - Florence fights fast-food
Some emerging economies, including Turkey and Argentina, could be forced to cut spending to bridge yawning deficits. As interest rates continue to rise in the US and Europe, there is no respite for them any time soon.
A fresh Transparency International Corruption Perceptions Index has been released, revealing less than enthused attitudes toward the state of global corruption. Turkey and Hungary are among those falling down the list.
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