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...Slovakia’s prime minister said he was ready to stand down to defuse a crisis over his decision to purchase Russia’s Sputnik V vaccine, which has not been approved by Europe’s regulator....
...Vladimir Putin said he would be vaccinated with the Sputnik V jab on Tuesday....
...This was exacerbated by last year’s near-30 per cent fall in the value of the Turkish lira....
...The Turkish lira remained under pressure after US President Donald Trump threatened to “obliterate” Turkey’s economy if the country launched any operation in Syria that he considered to be “off limits”....
...Rather than a V-shaped recovery, the private sector's high level of short-term dollar-denominated debts could pose added stress....
...Limited options In the past, Turkey has often experienced V-shaped recessions, with sharp contractions swiftly followed by a strong return to growth....
...(FT) Milan v Madrid Southern Europe’s two main financial centres were both hit by the 2008 crash, but prices in Madrid have raced ahead of those in its Italian cousin since....
...Google v EU The US search engine giant has come under fire for urging publishers that use its services to oppose Brussels’ planned copyright reforms (FT)....
...Right behind is the Turkish lira. South Africa's rand also makes it into the top five....
...“If we play like we did against Germany, we can reach the final,” said Sergio Lira, a local council worker watching a rerun of Portugal v Morocco as he ate lunch....
...The term “vsmall” referred to a specific trade volume, while the letter “v” buried in the middle of the US dollar-Swiss franc currency pair identified the particular BNP client that traded....
...“Looking into 2017, the historic drivers of EM v. DM performance do not appear to signal further notable EM under performance.”...
...appears to have failed; ii) the macro fallout from these events is unclear but seems likely to be limited; and iii) the market continues to trade cheap (<9x) relative to its own history and, especially, v....
...Every day it feels like we’re hitting fresh cycle lows for a currency somewhere with yesterday’s highlights being the Turkish Lira briefly sliding past 3 against the Dollar for the first time ever, the South...
...Related reading: Turkey: inflation nears 10 per cent, beyondbrics Turkey: regulators v banks, beyondbrics Fitch: not so Turkey-friendly, beyondbrics Turkey’s central bank plays hardball, beyondbrics Turkey...
...Related reading: Turkey: regulators v banks, beyondbrics Fitch: not so Turkey-friendly, beyondbrics Turkey’s central bank plays hardball, beyondbrics Turkey’s unorthodox orthodoxy, beyondbrics...
...“In a classic recession, this would be more meaningful, because you could expect more of a v-shaped rebound....
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