Page 2 - Lira Has News Today : Breaking News, Live Updates & Top Stories | Vimarsana

do with an internal turkish economic crisis versus these u.s. sanctions? reporter: well, i think they re part of the same problem here. over the last couple years, there s been a real crisis of confidence in the turkish economy. people have watched as the president erdogan has become increasingly more authoritarian, increasingly a one-man show in this country. that has spooked many investors. as he s grown more and more authoritarian, you mentioned that the dollar versus the lira, that the lira has declined 40% over the last year. this is not a new problem. this is a problem that s been growing as people have been watching the march toward authoritarian rule, but then when this specific crisis over the pastor really jumped to the forefront over the last two weeks, when the u.s. imposed sanctions and started tweeting about it almost every day with a member of the trump administration coming out in favor of the pastor, say that

Lira hasMarch toward authoritarian rulePastor brunson