An expert's point of view on a current event.Turkey’s economy is a dam waiting to break. The lira has lost of its value against the dollar over the last three years, while Ankara, as of last month, its net international reserves (excluding swap lines) in an of the currency. Turkey’s nonfinancial companies, already drowning in foreign exchange liabilities totaling some , continue to pay the price. Yet Turkish President Recep Tayyip Erdogan is still unlikely to sign a bailout deal with the International Monetary Fund (IMF), despite the country’s need for it.That’s because Erdogan prefers...…An expert's point of view on a current event.Turkey’s economy is a dam waiting to break. The lira has lost of its value against the dollar over the last three years, while Ankara, as of last month, its net international reserves (excluding swap lines) in an of the currency. Turkey’s nonfinancial companies, already drowning in foreign exchange liabilities totaling some , continue to pay the price. Yet Turkish President Recep Tayyip Erdogan is still unlikely to sign a bailout deal with the International Monetary Fund (IMF), despite the country’s need for it.That’s because Erdogan prefers...WW…

The view from the ground.BANGUI, Central African Republic—Citizens of the Central African Republic (CAR) went to the polls on Dec. 27 to select their next president and legislature. But even after the announcement of preliminary results in the early evening of Jan. 4—President Faustin-Archange Touadéra, the incumbent, secured a second mandate with —an enduring sense of vulnerability continues to permeate the country, culminating in numerous attacks from armed groups on key cities including the capital, Bangui.Just days before the elections, CAR’s constitutional court invalidated former...…The view from the ground.BANGUI, Central African Republic—Citizens of the Central African Republic (CAR) went to the polls on Dec. 27 to select their next president and legislature. But even after the announcement of preliminary results in the early evening of Jan. 4—President Faustin-Archange Touadéra, the incumbent, secured a second mandate with —an enduring sense of vulnerability continues to permeate the country, culminating in numerous attacks from armed groups on key cities including the capital, Bangui.Just days before the elections, CAR’s constitutional court invalidated former...WW…