Zarrab trial is another blow to Turkish-US ties

Heavy penalties on Turkish banks for sanction-busting could produce head-on collision with Washington

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In this article

  • Panic in Ankara
  • Zarrab denounced as traitor
  • Rampant bribery
  • Continuation of 2013 scandal
  • Repercussions for banks
  • Turkish retaliation?

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.