You're reading: In an uncertain global economy, Turkey may be the most at risk

In an uncertain global economy, Turkey may be the most at risk

By New York Times.

Published July 10, 2018. Updated July 10 at 7:17 pm

This handout picture taken and released on July 9, 2018 by the Turkish Presidential press service, shows Turkish President Recep Tayyip Erdogan (R) and his wife Emine Erdogan greeting people as they arrive at the Presidential Complex in Ankara. Erdogan was sworn in for his second term as head of state on July 9, taking on greater powers than any Turkish leader for decades under a new system condemned by opponents as a one-man regime. Erdogan, who has transformed Turkey in 15 years of rule by allowing Islam a greater role in public life and boosting its international stature, took his oath in parliament for a five-year term after his June election victory.

Photo by AFP

YENIKOY, Turkey — Looming like a fortress over the Black Sea, Istanbul’s new airport has been engineered to provoke awe, underscoring Turkey’s desire to reclaim its imperial glory.

The project is expected to cost nearly $12 billion and carve six runways across a swath of land as big as Manhattan. When completed in a decade, the complex is supposed to transport some 200 million people a year, dwarfing all rivals as the busiest airport on the planet.