The Turkish lira led global currency losses and stocks slumped after the U.S. threatened to impose “large sanctions” if the nation doesn’t release American pastor Andrew Brunson. The currency fell as much as 2.3 percent and the largest exchange-traded fund tracking Turkish equities sank after President Donald Trump tweeted that Turkey should free the “innocent man” immediately. The lira had gotten some relief yesterday when Turkey -- a NATO ally of the U.S. -- decided to place Brunson under house arrest after almost two years in jail. Trump’s tweet followed an earlier threat by U.S. Vice President Mike Pence of ... (full story)