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Turkish lira in freefall as U.S.-Turkey tensions escalate

Turkish lira in freefall as U.S.-Turkey tensions escalate

08/18/2018

PBS News Hour

Turkish lira in freefall as U.S.-Turkey tensions escalate

Clip: 8/18/2018 | 4m 14sVideo has Closed Captions

Turkish lira in freefall as U.S.-Turkey tensions escalate

Tensions continue to rise between the U.S. and its NATO ally Turkey after both countries imposed sanctions on one another over the release of a U.S. pastor held in Turkey since 2016. The spat has caused the Turkish economy to plummet, and on Saturday President Erdogan called the sanctions an “attempted economic coup.” Associated Press reporter Christopher Torchia joins Hari Sreenivasan for more.

08/18/2018

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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