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Turkey is investigating JPMorgan after the bank advised clients to short the lira

The lira tumbled 4% on Friday. At a rally on Sunday, President Erdogan warned the financial industry: "I will make you pay a very heavy price."

There’s a $200 million abandoned village of Disney-like castles in Turkey. Take a look inside.

Burj Al Babas was designed as a luxury community for foreign buyers, but its villas are still empty.
President Donald Trump and first lady Melania Trump during a visit with US troops in Iraq, December 26, 2018.

Trump says ‘the generals’ asked for more time in Syria, but he said ‘Nope’ because ‘We’ve knocked them silly’...

Trump said the US cannot be "the policeman of the world" and called on other countries to help Syria rebuild.
Sen. Bernie Sanders on Monday condemned President Donald Trump, characterizing him as an "authoritarian leader."

Trump administration’s reported effort to ‘barter’ a US resident to convince Turkey to ramp down Khashoggi probe stuns foreign-polic...

The White House's reported effort to extradite Fethullah Gulen sheds light on President Trump's efforts to ease rising tensions with Turkey.
An aerial rendering of the new Istanbul Airport

A new $11.7 billion airport just opened in Turkey, and it could become one of the world’s biggest. Take a look inside the giant hub.

On Monday, Turkish President Recep Tayyip Erdogan opened the new Istanbul Airport, which aims to be the largest in the world.
Turkish President Tayyip Erdogan makes a speech during a ceremony marking the second anniversary of the attempted coup at the Presidential Palace in Ankara, Turkey, July 15, 2018.

Turkish President Erdogan promises to reveal the ‘naked truth’ about Jamal Khashoggi’s death

Several members of Erdogan's ruling AK Party also vowed not to "allow a cover-up" of what really happened to Khashoggi inside the Istanbul consulate during his final moments.

Turkey’s currency slides as inflation spikes to its highest level in 15 years

Turkey's currency slipped Wednesday after data showed inflation rising for a sixth straight month to its highest level in 15 years as a deepening crisis in the country pressures prices.
Turkish Prime Minister Tayyip Erdogan (left) and central bank governor Durmus Yilmaz show Turkish banknotes during a news conference in October, 2008.

Turkey could need a bailout that dwarfs the record-setting $50 billion loan that Argentina just got

Turkey may need more than just rate hikes to shore up capital. Specifically, it needs about $75 billion, according to Macquarie strategists Thierry Wizman and Gareth Berry, or about 1.5 times what the International Monetary Fund agreed to loan Argentina in the largest bailout deal in its history.
Turkish President Recep Tayyip Erdogan makes a speech during a ceremony marking the second anniversary of the attempted coup at the Presidential Palace in Ankara, Turkey, July 15, 2018.

The Turkish lira dives after Erdogan calls for lower interest rates — stoking fears about central bank independence

Turkish President Recep Erdogan on Thursday called interest rates a "tool of exploitation" and called for low interest rates. The Turkish central bank is due to make its latest interest decision public later today.

The Turkish lira plunges after report says central bank deputy governor will resign

Turkey's currency plunged on Thursday following reports that the deputy governor of its central bank would resign.