Turkish Finance Minister Mehmet Simsek and Central Bank Governor Fatih Karahan told international investors on Tuesday that they would do whatever was needed to tame market turmoil triggered by the arrest of President Tayyip Erdogan's main political rival.
Mehmet Simsek © Mena Today
Turkish Finance Minister Mehmet Simsek and Central Bank Governor Fatih Karahan told international investors on Tuesday that they would do whatever was needed to tame market turmoil triggered by the arrest of President Tayyip Erdogan's main political rival.
Police detained Mayor Ekrem Imamoglu, Erdogan's main political rival, last Wednesday, and a court jailed him on Sunday pending trial on corruption charges, sparking Turkey's biggest protests in more than a decade and a major market sell-off.
By Andres Seban
Following Saudi Arabia, Turkey has strongly condemned the visit of Israeli National Security Minister Itamar Ben Gvir to the Al-Aqsa Mosque compound in East Jerusalem on Wednesday.
U.S. Defense Secretary Pete Hegseth has reinforced U.S. military capability in the Middle East with more warplanes, the Pentagon said on Tuesday, amid a more than two-week-old U.S. bombing campaign in Yemen and mounting tensions with Iran.
Turkey's government denounced opposition calls for a mass commercial boycott following the arrest of Istanbul Mayor Ekrem Imamoglu that sparked nationwide protests, describing them on Wednesday as an economic "sabotage attempt".
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