this sort of thing really annoys me

May 1, 2007

BBC NEWS | Business | Turkish stocks and currency slump

The main ISE National 100 index lost 8% at the open, while the lira dropped as much as 4% in early trading.

Not so much the Turkey thing, though it does seem odd that an army that seems intent on protecting democracy is being criticised (we’ll leave aside certain letters of the alphabet for the moment), but the overblown reporting of financial things. An 8% drop is not a slump, a 4% fall in value certainly isn’t.

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