Turkey Overheating Means Race Against Time for Erdogan

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Turkey Overheating Means Race Against Time for Erdogan

The Turkish economy is overheating. That could be a problem for President Recep Tayyip Erdogan as much as it is for the nation's creditors. The lira is buckling under the weight of a ballooning current-account deficit and double-digit inflation after its $851-billion gross domestic product expanded 7.4
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The New Tech Skills Young Accountants Must Develop

Every accountant, young or old, is pondering what technology and most importantly automation will do to their careers. Some fantasize (or worry) about a world where automation takes over important accounting functions or perhaps even replaces us altogether, while others remain more skeptical. But as
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What It's Like Living Without Health Insurance in America

April 3, 2018, 1:00 AM PDT. Last week, Bloomberg News told the story of three families without health insurance. We also asked readers to share their own stories as we spend the next year following people who are “risking it.” The response was overwhelming. More than 3,000 people from across the
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Musk Has to Recharge Tesla's Finances to Make the Model 3 Go

Tesla is burning through more than $6,500 of cash every minute and would run out of funds before year-end without more financing, according to data compiled by Bloomberg. The company's year-end balance sheet showed Tesla had about 51 cents of cash and other highly liquid assets on hand for
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Air Partner shares slump over £3.3m accounting error

Air Partner shares slump over £3.3m accounting error. The issue occurred when some invoiced money was put through as deferred income rather than being dealt with directly. Air Partner employs 250 staff across 20 countries (Steve Parsons/PA) 1 Air Partner employs 250 staff across 20 countries
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