Showing posts with label Recep Tayyip Erdogan. Show all posts
Showing posts with label Recep Tayyip Erdogan. Show all posts

Friday, January 31, 2014

Emerging markets crisis sees rush for safe havens

Investors sought out the safe havens of German bonds and the Swiss franc on Wednesday after deep splits in Turkey over interest rate increases meant only the briefest of respites from the escalating crisis in emerging markets.