at verisk maplecroft. if erdogan continues down this path of policy that he has embarked upon, do you think turkey will be defaulting on its debts any time soon? thank ou. its debts any time soon? thank yom yes. its debts any time soon? thank you. yes, well, its debts any time soon? thank you. yes, well, the its debts any time soon? thank you. yes, well, the turkish - you. yes, well, the turkish lira partly as a result of economic policies under the current turkish government has lost about 80% of its value over the past five years. and in the lead up to the election, one of the ways in which the central bank was holding it off was drawing on its foreign exchange and gold reserves. although that props up the lira it is not necessarily sustainable in the long term and if turkey is no longer able to finance imports or to service its external debt it could end up default. there are corrective actions the turkish government can take to try and hold off that risk but we have
the battle for votes and mccarthy s first big test all happening right now on capitol hill. lawmakers meeting over this debt deal with some hard line republicans and the speaker isn t just fighting for support on his agreement. he could be fighting to keep his job. and moscow is rocked. drone attacks hitting residential buildings in the residential capital, at the same time kyiv is facing a bombardment overnight. we ll have the latest from the front lines. and this could turn your stomach a little bit. a new report from the cdc is highlighting how restaurant workers who handle food while they were sick themselves are actually one of the leading drivers of food borne illness outbreaks. we are following these developing stories and many more all coming in right here to cnn news central. in just minutes, a deal to raise the debt ceiling and avert a catastrophic u.s. default will finally be in front of lawmakers. a cankey house committee is tak up the bill but all afternoon
most important in years. there were joyous scenes on the streets of istanbul and ankara as mr erdogan celebrated with his supporters, after winning around 52% of the vote. thousands of people have gathered on the streets, waving flags and singing songs. erdogan gave a victory speech in front of the crowds. he spoke about stability and prosperity, building a stronger economy and leaving disputes behind. our senior international correspondent, orla guerin, reports from the turkish capital, ankara. the recep tayyip erdogan juggernaut rolls on. and tonight in the turkish capital, the streets belong to his supporters. who have stuck with him through thick and thin and hyperinflation. translation: we are blessed i at our president leading us again. there is no better feeling than this. let the world hear it. he is the leader who has taught the entire world a lesson. and here he was, serenading supporters, or trying to. from a bus top near his home in istanbul, having beaten off the
the 69 year old will now serve another five years in office, potentially stretching his time in power to a quarter century. meanwhile, his opponent, kemal kilicdaroglu, said it was the most unfair election in years and that he felt saddened by the troubles awaiting turkey. live now to anna foster in istanbul: anna, in terms of unifying the country, does the president even want to? ~ ~ . v country, does the president even want to? ~ ~ ., , ., , want to? well i think that s a very aood want to? well i think that s a very good question. want to? well i think that s a very good question, matthew- want to? well i think that s a very good question, matthew and - want to? well i think that s a very good question, matthew and i - good question, matthew and i think that s one that s quite difficult to answer at the moment. because when he made a speech yesterday evening you saw some of the pictures of the celebration on the street here in turkey last night. he talked about bein