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What You Need to Know About Turkey's Financial Crunch

What You Need to Know About Turkey's Financial Crunch

Turkey's currency plunged this month after President Donald Trump stepped up economic sanctions in a dispute over a detained pastor. It was already going downhill after the nation's leader vowed to shun the traditional playbook of dealing with soaring inflation. And global investors are spooked. Onur Ant, a reporter for Bloomberg in Turkey, discusses the situation and how we got here with Scott Lanman. Note: This episode was recorded on Tuesday, Aug. 14.

To contact the editor responsible for this story: Topher Forhecz at tforhecz@bloomberg.net

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