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Global market data

Cryptocurrencies: 5,988
Markets: 545
Marketcap: $ 501.26 B
24h Vol: $ 129.14 B
BTC Dominance: 61.92%

[ZEROHEDGE] Erdogan Calls On Turks To Boycott French Goods Over ‘Macron’s Anti-Islam’; Lira Continues Implosion

Zero Hedge

Erdogan Calls On Turks To Boycott French Goods Over ‘Macron’s Anti-Islam’; Lira Continues Implosion

Tyler Durden

Mon, 10/26/2020 – 09:50

The latest France-Turkey fast deteriorating diplomatic spat has gone from bad to worse, after on Saturday France recalled its ambassador following President Erdogan’s insulting remarks targeting Macron, which also riled EU leaders. But on Sunday Erdogan repeated the words, “Macron needs to get himself checked out” – suggesting the French leader has mental problems due to remarks which blamed “Islamist terrorism” in the wake of the horrific beheading of a middle school teacher on October 16 by a young Chechen refugee angry the teacher had shown cartoon images of Muhammad. 

On Monday Erdogan escalated dramatically, calling for a Turkish boycott of all French goods over what he called France’s ‘anti-Islamic’ stance towards Muslims and the Turkish people. The call for a boycott of France plunged the lira to a new all time low of 8.0750, while Turkish stocks sink. 

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