Turkish 10, 20, 50 and 100 lira banknotes sit on the counter of a currency exchange bureau in Istanbul, Turkey. (Photographer: Kerem Uzel/Bloomberg)

Turkey Financial Crisis Erupts, Stoking Concerns of Contagion

(Bloomberg) -- Turkey entered a full-blown financial meltdown on Friday, sending tremors through global markets, after President Recep Tayyip Erdogan declared his refusal to bow to U.S. political d...