The Turkish government launched an investigation into social media activity that it believes has exacerbated the recent collapse of the lira. The country’s financial regulator is seeking prison sentences of up to five years for those who spread “erroneous and fabricated news and statements” to influence markets. Separately, the chief […]
European markets dropped shaply on Monday morning as fears over the collapse of the Turkish lira continued to spook investors. All major European indexes were lower, with Spain and Italy leading losses in the first hour of trade. Things recovered over the day, although almost all major indexes lost ground. […]
The failed military coup aimed at ousting...