The Turkish Lira Immediately Began Its Worst One-Day Drop

The Turkish Lira Immediately Began Its Worst One-Day Drop

Turkish President Tayyip Erdogan’s fiery anti-U.S. rhetoric helped spark a currency collapse in 2018 that plunged his country into recession. He had avoided a repeat so far this year but last Friday, during a break from pre-election rallies, Erdogan said U.S. President Donald Trump’s move to recognize Israeli sovereignty over the occupied Golan Heights risked...
Brexit delayed?

Brexit delayed?

Prime Minister Theresa May asked for a three-month delay to Brexit on Wednesday to buy time to get her twice-rejected divorce deal though parliament, but the request faced immediate resistance from the European Commission. May said Britain remained committed to leaving the European Union “in an orderly manner” and she wanted to postpone Britain’s departure...