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  1. The Singh brothers were heirs to a health-care empire.

  2. Turkey’s Banks Bear Weight of Currency Crisis

    The Wall Street Journal2 days ago

    Shares of Garanti, which is 49.9% owned by Spain’s BBVA ; Yapi Kredi, which is indirectly 40% owned by Italy’s UniCredit through a joint venture; and Turkiye IS Bankasi, the country’s ...

  3. Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve... of 2-year Treasury notes 21-Aug Japan Auction of 20-year government ...

  4. U.S. stocks had been attempting to shake off global weakness...potential for significant ripples. The lira’s plunge “raises the local currency counterpart of the nation’s burgeoning foreign ...

  5. Markets rattled as Turkish lira dives

    AFP via Yahoo News3 days ago

    Turkey's troubled lira tumbled Monday to fresh record lows against the euro and dollar, piling pressure on stock markets on fears the country's crisis could spill over into the world economy ...

  6. The Italy/Spain 10-year spread on Wednesday stretched to 183 bps, the widest since January 2012, the depths of the euro zone debt crisis, before recovering to 168 bps by mid-morning ...

  7. Winners and losers from the Turkey crisis

    CNBC via Yahoo News1 day ago

    Turkey accounts for less than 1 percent of the world economy and global exposure to the Turkish banking sector is also small, but the recent dramatic decline in the Turkish lira still rattled ...

  8. I think it necessary to add that paper was there unknown as official currency. But lately war has obliged the banks...word more upon the question of this war and I have done. Who understands ...

  9. Investors are worried that Turkish companies could struggle to repay loans in dollars and euros - a debt pile that only grows as the lira falls. Over a third of Turkish banks' lending ...

  10. Coupled with concern that Turkey's debt worries could spread, this caused jitters on global stock markets. Even the promise of a $15 billion (£11.8 billion) investment from...exposure ...

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