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
Prosecutors have opened an investigation into the head of Turkey's main opposition Republican People's Party (CHP) on charges of threatening and insulting Istanbul's chief prosecutor, adding to a broad crackdown on the opposition.
U.S. President Donald Trump signed a proclamation on Wednesday banning the citizens of 12 countries from entering the United States, saying the move was needed to protect against "foreign terrorists" and other security threats.
Israel's military recovered the bodies of two hostages, Judi Weinstein-Haggai and Gad Haggai, who were held by Hamas, Prime Minister Benjamin Netanyahu said on Thursday.
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