Turkey Trial of Bloomberg Reporters, Others Starts in Istanbul

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Photographer: Daniel Acker/Bloomberg

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A Turkish court held its first hearing on Friday of a case against two Bloomberg reporters accused of trying to undermine the country’s economic stability. The action stems from a 2018 story about how authorities and banks were responding to the biggest currency shock in the country since 2001.

An indictment from a prosecutor was accepted earlier this year requesting a jail term of between two and five years for Kerim Karakaya and Fercan Yalinkilic, the reporters, and 36 other people upon a request from the nation’s banking regulator.