Article

2026-10-05 The Grand Turk

Time to save the chair. Erdogan's party is reeling after a massive deception

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by badanov 2026-10-05 00:00|| E-Mail|| Front Page|| [109 views ] Top

Posted by Grom the Reflective 2026-10-05 08:01|| 2026-10-05 08:01|| Front Page Top

2 This is about an event a few weeks ago. Below is a piece from Business Standard that explains it more succinctly.
-----------
Turkish authorities have taken a series of steps to contain the fallout from a speculative bubble that has rocked the Istanbul stock market and raised concerns over the savings of thousands of investors.

Trading in funds managed by seven asset managers has been frozen, while 130 funds have been ordered to liquidate, the Financial Times reported. The funds have a combined portfolio size of 891 billion lira ($21.4 billion) and about 353,000 investors, according to a source cited by Reuters.

The Central Bank of the Republic of Turkiye has also increased repo funding to 300 billion lira and raised banks’ borrowing limits in the interbank money market 10-fold. The steps are intended to improve access to lira liquidity and reduce the risk of forced asset sales spreading the turmoil to other parts of the financial system.

Posted by Lord Garth 2026-10-05 12:56|| 2026-10-05 12:56|| Front Page Top

23:44 Skidmark
21:27 Knuckles Grundy
21:07 trailing wife
19:15 badanov
18:58 Frank G
18:55 Frank G
17:39 Skidmark
17:13 European Conservative
17:13 trailing wife
17:05 DooDahMan
17:04 European Conservative
17:03 DooDahMan
16:43 Grom the Reflective
16:26 Grom the Reflective
16:24 chris
16:19 European Conservative
16:00 trailing wife
16:00 Grom the Reflective
15:59 NoMoreBS
15:58 European Conservative
15:56 Grom the Reflective
15:50 European Conservative
15:32 Grom the Reflective
15:03 Regular joe
Merry-Go-Blog