What Turkey’s Fake Kremlin Tells Us About the Ruble CrashMatthew Campbell and Isobel Finkel
When Turkish conglomerate MNG Holding built the 874-room Kremlin Palace Hotel in beachfront Antalya in 2003, its aim was to make Russian tourists feel at home with a replica of its namesake, the landmark Moscow fortress. With the ruble’s collapse, it could also leave them feeling poorer.
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