Tag Archives: Shopping Malls

The New York Times: Istanbul Skyline Reflects Cheap Dollars Now Growing Scarce

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The biggest beneficiaries of the Fed’s largess were not so much in the developed world, but among the politically connected elite in emerging nations like Turkey, where vanity towers, glitzy shopping malls and even grander projects to come — a third bridge across the Bosporus and a vast new airport — have become representative of the nation’s new dynamism, economic [...] → Read the full article…