Global Chaos Hits Türkiye
Why are major airlines suddenly grounding flights and why did the Turkish stock market just take a massive dive? The tension in the Middle East is sending shockwaves far beyond its borders, and the impact on our daily lives is more direct than you might think. From Emirates to Qatar Airways, global flight paths are being redrawn or canceled entirely, leaving thousands of passengers stranded. This uncertainty has caused airline stocks like Lufthansa and British Airways to plummet, while oil prices are surging. In Türkiye, the BIST 100 index dropped over five percent in a single day. To protect investors, the government has stepped in with emergency measures, including a temporary ban on short selling and reducing order-to-transaction ratios. Meanwhile, the Turkish Lira continues to face pressure, trading at over forty-three Lira per dollar. Yet, even in this storm, there is a glimmer of hope w...