Stephanomics

What You Need to Know About Turkey's Financial Crunch

08.16.2018 - By BloombergPlay

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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. See omnystudio.com/listener for privacy information.

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