10 Aug 2018

Turkey’s Currency Crisis: What Happened, What’s Next, Why It Matters

by | posted in: European Union, News |

Turkey’s political and economic crisis has sent its currency tumbling to a record low against the U.S. dollar Friday and unsettled investors amid fears that the contagion may spread from the small southern European economy into financial markets around the world. So … Read More
10 Aug 2018

Euro slips after reports the ECB is concerned about exposure to Turkey

by | posted in: European Union, News |

–The euro fell half a percent against the dollar after reports that the ECB officials are concerned about European banks’ exposure to Turkey. –Data from the Bank for International Settlements (BIS) showed that Spanish banks are due $83.3 billion by … Read More