The UN Syria peace envoy called on the Russian and Turkish presidents to urgently speak to each other to help avert a "bloodbath" in rebel-held Idlib, Syria.
Turkish President Erdogan vowed Ankara would pursue non-dollar transactions in trade with Russia and other countries, accusing the US of behaving like "wild wolves."
Turkey's embattled lira tumbled almost five percent in value as the resignation of the deputy central bank governor intensified market concerns over the direction of monetary policy.
Ratings agency Moody's on Tuesday downgraded its credit ratings on 20 Turkish financial institutions due to the increased risk of a "downside funding scenario" after the collapse of the…