Turkey’s GDP in the third quarter dropped 1.8%, according to official data released Monday. An unsuccessful coup and continued political uncertainty have contributed to the sputtering economy, which is at a seven-year low. Deutsche Welle […]
In addition to Twitter (NYSE:TWTR) and Google’s (NASDAQ:GOOGL) (NASDAQ:GOOG) YouTube platform, it apparently also involves Facebook’s (NASDAQ:FB) Instagram and WhatsApp properties. Microsoft’s (NASDAQ:MSFT) Skype has also been hit. These sorts of outages aren’t necessarily rare […]
Turkey’s interest rates are on hold because its central bank cited weakness in the currency. The lira hit a record low against the US dollar as investor concern grows about political uncertainty and hints that […]
The failed coup in Turkey on Friday did not disrupt financial markets around the world and the lira was one of the strongest performers among rebounding emerging-market currencies and equities. The Turkish government over the […]
The Istanbul 100 Index slid 5.1% this morning, while the Turkish lira rebounded 3% to 2.9274 vs. the greenback, following Friday’s failed coup attempt that left 290 people dead and over 6,000 arrested. NATO allies […]
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