Turkey Vulnerable To Drop In Capital Inflows-Fitch
Turkey’s top leaders threatened Tuesday to cut ties to Fitch and Moody’s, two of the world’s largest credit rating agencies, over disputes about their reports on the country. Moody’s last month warned about potential instability in Turkey and said ...
Turkey Raising Specter of Bank Collapse as Asya Targeted
Turkey faces the prospect of its first bank collapse in at least a decade as Bank Asya (ASYAB) struggles to maintain market confidence amid pressure from President Recep Tayyip Erdogan over its ties to exiled preacher Fethullah Gulen. The Istanbul-based ...
