Saturday, October 3, 2026

A Financial Crisis in Turkey

Explainer: How Turkey's investment fund bubble burst
https://www.reuters.com/world/middle-east/how-turkeys-investment-fund-bubble-burst-2026-10-02/
Regulators ordered the liquidation of 131 funds managed by seven asset managers as politicians, former officials and celebrities piled in. Turkish authorities alleged that some funds were being used for market manipulation.