THE THIRD UMPIRE

RECEP ERDOGAN

An intensifying row between the US and Turkey’s strongman president led to the lira tumbling by more than 14% on Friday, its sharpest decline since a financial crisis in 2001, dragging down emerging markets, US and European stocks.

ELON MUSK

Tesla shareholders are suing CEO Elon Musk for a tweet in which he said he might take Tesla private at $420 a share, adding that funding had been “secured”. Musk’s tweet, which led the share price to rally, is now the subject of an investigation by US regulators.

EMMERSON MNANGAGWA

Investors around the globe have been paying attention to Zimbabwe’s historic elections, hoping for peace and stability. Instead, the polls will again be remembered for the deadly violence and intimidation of opposition leaders.