Saturday, August 18, 2018

Are Turkey’s financial tremors spreading across the globe? | Turkey

The collapse of the Turkish lira was a big worry for investors around the globe this week. The currency crisis came to a head after a feud with the world’s biggest economy, the United States, when President Donald Trump announced the doubling of steel and aluminum tariffs.  On Wednesday, Turkey said it is putting retaliatory tariffs on imports of certain US products. Economists say Turkey’s

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