Economy

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Latest Economy News

U.S. charges state-owned Turkish bank in multibillion-dollar sanctions-busting scheme

The charges against Halkbank are linked to a previous case involving Reza…

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Turkey’s state-owned Halkbank deemed weakest on Fitch stress test

People walk past a branch of Halkbank on December 1, 2017 in…

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Turkey turned up heat on banks after standoff over bad loans

REUTERS ISTANBUL/ANKARA — Turkey forced banks to take losses on $8 billion…

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