Fitch cuts Turkey debt outlook after coup attempt

The ratings agency Fitch on Friday cut its outlook for Turkey's sovereign debt rating to "negative", saying last month's coup attempt underscored risks to political stability in the country. Fitch said political uncertainty follow the failed coup will impact economic performance and could hurt economic policy. "The authorities are responding to the coup attempt with a purge of the followers of those it blames, with around 70,000 public sector workers suspended so far," the agency said in a state