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Good morning from the Financial Times.

Today is Friday, May 26th, and this is your FT News Briefing.

The US Credit Crunch is causing an uptick,

incorporate bankruptcies, and Turkish voters go back to the polls this Sunday.

Plus, US Chipmaker Nvidia is on track to join the Trillion Dollar Club.

It's a long time since I've read notes from Big Growing Up Bank,

analysts like Morgan Stanley, that are hyperventilating quite as much as they are about

Nvidia's earnings. I'm Mark Filipino, and here's the news you need to start your day.

America's Credit Squeeze is getting tighter and tighter, and that's leading a lot of big US

companies to take shelter in bankruptcy court. The companies might sound familiar.

Vice Media and Invision Healthcare have gone the chapter 11 route recently.

27 large debtors have filed for bankruptcy, and we're not even halfway through the year.

Throughout all of last year, that number was 40.

Part of the blame falls on rising interest rates, because the debt these companies

previously had has become more expensive, more quickly than they anticipated,

and the ones that are struggling sometimes can't afford the higher interest payments.

Turkey's voters head to the polls for the second time in his many weeks to choose the country's

next president. Sunday's runoff vote will determine whether in common regiap

tie-up Erdogan will add to his two decades in power, or if challenger Kamal

Kalich Da Arlu will take over. Here to preview the Turkish runoff is the FT's Adam Samson.

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