August 13, 2018

If President Recep Tayyip Erdoğan is nervous, he isn’t showing it.

In theory, he has every reason to worry: Turkey has plunged into a currency crisis amid a worsening dispute with the United States, and Erdoğan’s popularity is closely tied to the country’s economic prosperity.

But Erdoğan appears confident that he — and his country — can weather the storm. He has not reached for conciliatory rhetoric but doubled down, rallying his base by casting the collapse of the lira as a foreign conspiracy.

Read more:

https://www.politico.eu/article/turkey-erdogan-trump-fight-lira-digs-in-currency-crises/