Economics
Emergency Rule Takes Hold as Turkey Seeks to Reassure Investors
- Justice minister says measures may last less than 3 months
- Lira pares losses; stocks on course for worst week since 2008
What Does State of Emergency Mean for Turkey?
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Emergency rule took hold across Turkey as the government pursued those responsible for a failed weekend military coup, and top officials sought to reassure investors after the upheaval triggered a stock-market fall and knocked the lira to a record low.