How the world press covers Hakan Atilla (Reza Zarrab) trial

Source:Bloomberg Date:09Dec2017

According to Reuter’s “People are expecting a more benign outcome for that (U.S. trial) story and that is part of the reason for the lira’s resilience,” said Societe Generale analyst Regis Chatellier, referring to earlier fears of U.S. fines on Turkish banks.

To see whether this is true, readers ought to consult the Economist article, which claims Erdogan ought to be concerned, as well as the excellent Bloomberg summary of Zarrab’s testimony (in the link).