Opinion from Lex: For investors used to focusing on the US, it’s easy to dismiss the travails of emerging markets. However, a stock market scandal in Turkey has more parallels with developed markets than observers might care to admit. https://ft.trib.al/ylWcb7X
Turkey has drafted in two of the country’s biggest banks to liquidate 131 investment funds involved in the collapse of a speculative bubble that has shaken its capital markets and put billions of dollars of investments at risk. https://ft.trib.al/3Q235SI
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