New Turkish lira

Trader Michael Capolino works on the floor of the New York Stock Exchange, Friday, Aug. 10, 2018. Stocks are opening moderately lower on Wall Street following steeper losses in Europe, where investors worried about a sharp drop in Turkey's currency. (AP Photo/Richard Drew)
August 10, 2018 - 3:52 pm
NEW YORK (AP) — Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system. Turkish President Recep Tayyip Erdogan has accumulated more and more control over the country's central bank as well as its...
Read More
Turkey's President Recep Tayyip Erdogan announces plan of action for the first 100 days of his new presidency, in Ankara, Turkey, Friday, Aug. 3, 2018. (AP Photo/Burhan Ozbilici)
August 10, 2018 - 7:07 am
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local): 3:05 p.m. Turkish President Recep Tayyip Erdogan is appealing for calm as the country's currency plunges, urging people to change foreign money into local lira. The lira tumbled about 10 percent on Friday to another...
Read More
In this July 25, 2018 photo, Andrew Craig Brunson, an evangelical pastor from Black Mountain, North Carolina, arrives at his house in Izmir, Turkey. Brunson, who had been jailed in Turkey for more than one and a half years on terror and espionage charges was released and will be put under house arrest as his trial continues. The White House is announcing that the Treasury Department is imposing sanctions on two Turkish officials over a detained American pastor who is being tried on espionage and terror-related charges. (AP Photo/Emre Tazegul)
August 01, 2018 - 4:53 pm
WASHINGTON (AP) — The United States slapped sanctions on two Turkish officials on Wednesday over a detained American pastor who is being tried on espionage and terror-related charges. Turkey vowed retaliation "without delay," warning it would harm relations between the two allies. President Donald...
Read More

Pages