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Peterson Fellow and Expert Guest, Jacob Kirkegaard provides his take on Turkey's crisis and the…

Cindy Ponder-Budd

Peterson Fellow and Expert Guest, Jacob Kirkegaard provides his take on Turkey's crisis and the challenges that President Erdogan faces with few allies to rely on.

Turkey Faces Its Crisis with Shaky Leadership and Few Friends
Turkey Faces Its Crisis with Shaky Leadership and Few Friends

Turkey is sliding ever deeper into economic crisis, as foreign and domestic investors are losing confidence in its solvency and running for the exits. The Turkish lira is now the world’s worst performing currency in 2018, dropping more than 40 percent against the US dollar.

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