Turkey investors shaken by central bank gover...

US Federal Reserve chair Kevin Warsh will seek to soothe investors’ nerves at this week’s Jackson Hole symposium, Andy Burnham is headed to Ukraine for his first overseas trip as Britain’s prime minister, and Saudi Arabia held talks with London brokers for a state-backed war insu ...  Show more

Investors have warned that Treasury secretary Scott Bessent’s attempts to slash long-term US borrowing costs are doomed to fail, and European oil refinery capacity is set to shrink by a fifth over the next decade. Plus, Shanghai’s answer to the Nasdaq index is benefiting from an ...  Show more

President Recep Tayyip Erdogan just does not like interest-rate rises. So he has again <a href="https://www.economist.com/europe/2021/03/22/turkey-faces-a-currency-crisis-after-erdogan-sacks-his-central-banker?utm_campaign=the-intelligence&utm_medium=podcast&utm_source=third-p ...

Turkey is suffering from an economic crisis with rampant inflation and a weakening lira. At the same time, there is a refusal by the central bank to raise interest rates. With elections due to be held next year, will the government change course? With Tanya Beckett. Producer Bob ...  Show more

With the economy in trouble and relations with western allies strained, President Recep Tayyip Erdogan's grip over Turkey’s ruling AK party is showing signs of weakening. Former prime minister Ahmet Davutoglu tells the FT's Laura Pitel why he thinks the country needs a new vision ...  Show more

Michael Nicoletos, CIO and co-founder of Appletree Capital, is joined by John Floyd, head of macro strategies at Record Currency Management, to analyze the mounting pressures on the Turkish Lira as well as other emerging market (EM) currencies. Floyd breaks down his bearish thesi ...  Show more