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Members of trade unions protest against low wages in Istanbul, Turkey.

REUTERS/Dilara Senkaya

Hard Numbers: Turkish minimum wage hike, Kiwi PM raises cash from insult, Africa's green hydro potential, Chinese cops in Japan

55: Perhaps feeling increasingly desperate to get reelected next year, Turkey's President Recep Tayyip Erdoğan swung his economic populist hammer yet again to bump up the national minimum wage by 55%. That might seem like a lot, but it’s still almost 30 percentage points below the annual inflation rate in November.

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