ISTANBUL — The once bustling Grand Bazaar in Istanbul is astonishingly quiet. The shops and restaurants in the city’s trendy Istiklal Street are all but empty of foreign customers and the hotels in the upscale Nisantasi district are nearly deserted.
Turkey’s economy is suffering in the face of a string of extremist attacks — including the latest massacre of New Year’s revelers, most of them foreigners — and uncertainty following the failed coup in July against President Recep Tayyip Erdogan that saw more than 270 people killed.
Tourism, a key component of the economy as well as a substantial foreign currency earner, …read more
Source: Saudi Gazette