The Turkey Coup: What ETFs to Play
July 27, 2016 at 08:00 AM EDT
On the evening of Friday, July 15, Turkey experienced a coup attempt by some members of the nation’s military. It started with tanks rolling onto the streets in the capital city, Ankara, as well as Istanbul, the country’s most populous city. Uniformed officers blocked bridges and restricted traffic. By the end of the coup, Turkey was thrown into a crisis. The coup was unsuccessful – the current government remains in power. But it still had a destabilizing effect on the country and its national economy.