President Recep Tayyip Erdogan starts to face the facts

For more than two years, Turkey’s autocratic president, Recep Tayyip Erdogan, had relied on Mr Albayrak, his son-in-law, to run the economy. Mr Albayrak nearly ran it into the ground. Mr Erdogan finally slammed on the brakes. On November 7th he sacked the central-bank governor and replaced him with one of Mr Albayrak’s rivals.