Turkey's Vanishing $8 Billion
No one knows where this money is coming from
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Something bizarre is happening on Turkey’s accounting books, and nobody’s quite sure why.
Turkey attracted $7.9 billion of income from unexplained sources during the first eight months of 2014, compared to an outflow of $90 million during the same period a year ago, according to the central bank data. In the three months that followed, $5.6 billion of that left the country.