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What You Need to Know About Turkey's Financial Crunch
What You Need to Know About Turkey's Financial Crunch
16 Aug 2018, 01:45 PM IST
(Bloomberg) -- Subscribe to Bloomberg Benchmark on Apple Podcasts
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
©2018 Bloomberg L.P.
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