A Bloomberg New story states, “The charges relate to an August 2018 Bloomberg story about how Turkish authorities and banks were responding to the biggest currency shock in the country since 2001.
“Kerim Karakaya and Fercan Yalinkilic, the reporters, are accused of trying to undermine Turkey’s economic stability. The charges carry a potential jail sentence of two to five years. The other 36 defendants listed in the indictment are charged for social media comments on the story, or comments deemed critical of Turkey’s economy and banks.
“Bloomberg Editor-in-Chief John Micklethwait said, ‘We condemn the indictment issued against our reporters, who have reported fairly and accurately on newsworthy events. We fully stand by them and will support them throughout this ordeal.'”
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