President Trump Imposed Sanctions on Turkey, EU Nations to follow suit : Turkey Stock Market Crash

US President Trump imposed sanctions on Turkey over Syria Invasion. He signed the executive order imposing the sanctions on Monday night (14-October 2019). EU Nations also met in Luxembourg on Monday and banned all Arms Exports to Turkey. They also considered placing sanctions on Turkish Oil drilling companies. After Monday’s Stock Market crash in Turkey, the fresh sanctions are expected to further crash the Turkish stock market and put pressure on its currency LIRA.