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Harold Freiberger
Falling prices as far as the eye can see: 2022 is the most difficult year for shareholders for a long, long time. Whether in Asia, America or Europe – the stock markets have collapsed everywhere. No wonder with so many worries, the war in Ukraine, the lockdown in China, high inflation, the fear of a global recession. And yet there is an exchange on the outskirts of Europe that seems to be defying all odds. The Turkish stock index BIST-100 has gained 31 percent since the beginning of the year. A boom in the midst of crises and doomsday scenarios. How can that be?