Turkish market for at-risk women at standstill after lira crash

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Hazal Tunc and her friends founded Turkey's first women-only street market eight years ago to help victims of domestic violence and divorcees, and it has provided them with jobs and security - until now.

Like organisations and companies across Turkey, the market has seen business shrivel dramatically as a result of a currency crisis in which the lira has lost as much as 48% of its value in the past two months alone.

The lira crisis was prompted by President Tayyip Erdogan's push for lower interest rates despite a sharp increase in inflation and warnings from economists.In happier days, up to 256 women made a living selling their wares at the street market, but that has dwindled to 69. The lira staged a sharp rebound last week after the government unveiled a deposit-protection plan, and the state backed a series of market interventions selling billions of dollars."If they could intervene, why did they wait three months, four months?" she said. "Many people committed suicide, they went into debt. If could solve this, why didn't they do it?"

 

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Okay. I don't exactly see the connect..

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