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.

<p>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.</p>

Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

<p>Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.</p>

Who will win the trade war, and how? If the job market is so strong, why does your paycheck seem so meager? What will drive the economy of the future? Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders, will take listeners on location each week to answer questions like these and bring the global economy to life.

Trumponomics

What You Need to Know About Turkey's Financial Crunch

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/54562a73-aca4-4e87-a5eb-ae2b00217de0/transcript