Economics
Lira Drops Most in 8 Years as Stock Futures Sink on Turkey Clash
- Lira weakens most since 2008 as warplanes fly over capital
- President urges cititzens to resist military takeover
Ex-CIA Deputy Dir.: Turkey Pressures Have Been Building
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Turkey’s lira plunged the most in eight years, an exchange-traded fund tied to the country’s shares declined and U.S. Treasuries ticked higher after Turkey’s army said it seized power and President Recep Tayyip Erdogan asserted that he remains in control. U.S. stock futures slipped.
Scenes From Turkey as Army Attempts to Seize Control