Jonathan Friedman

Turkey sees foes at work in gold mines, cafes and ‘Smurf Village’

Akin Ipek, one of Turkey’s richest men, was staying in the Park Tower Hotel in London when the police raided his television network in Istanbul. The raid was national news, so Mr. Ipek opened his laptop and watched an unnerving spectacle: an attack on his multibillion-dollar empire, in real time.

Turkish Lira plumbs to new lows as risks continue to erode confidence

The Turkish Lira plumbed to new record lows on Sept. 14, while the cost of insuring exposure to Turkish debt hit a three-year high, as security fears and deepening political uncertainty continued to weigh on investor sentiment, while other emerging market assets edged up before a Federal Reserve (Fed) meeting that may raise U.S. interest rates this week.