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Turkey's speculation bubble bursts: 40,000 percent gains, arrests near Erdoğan
📈 Business

Turkey's speculation bubble bursts: 40,000 percent gains, arrests near Erdoğan

A multi-billion-dollar speculation bubble burst on the Turkish capital market after months of artificially inflating stock prices, generating profits of around 40,000 percent. Financial regulators took drastic action, and the investigation involved dozens of people — including those close to President Recep Tayyip Erdoğan.

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