Turkey's runaway inflation problem

What people might picture when they think of "Made in America" ... might not look like the "Made in America" we have today.The U.S. does have a domestic manufacturing industry, including a garment manufacturing industry. In today's episode: We buy a garment made by factory worker ... Show More

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel laureate, Simon Johnson, says that influence has been there since the birth of economics. Call it political economy. Call it government and bu ... Show More

If we think about the economic effects of President Donald Trumps big taxing and spending and domestic policy bill, we can roughly sum it up in one line. It goes something like this: We will make many big tax cuts permanent and pay for those tax cuts by cutting Medicaid and a few ... Show More

En Turquie, l’inflation est repartie à la hausse en janvier malgré une politique hyper restrictive menée par la banque centrale depuis six mois. Après la démission surprise de sa gouverneure, annoncée à la veille du week-end, son successeur devrait poursuivre la stratégie adoptée ... Show More

A month on from the election in Turkey President Erdogan has promised to fix the economy. In this programme we find out more about Mehmet Simsek, the new finance minister, who says he'll return Turkey to rational economics and reduce inflation. We also hear from those running bus ... Show More

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

For two decades, President Recep Tayyip Erdogan has loomed large over Turkish politics. But skyrocketing inflation and a devastating earthquake have eroded his power and, in a presidential election over the weekend, he was forced into a runoff.Ben Hubbard, The Times’s Istanbul bu ... Show More

Turkey's currency has been in free fall this week, reaching a record low against the US dollar. The Lira's collapse has been sparked, in part, by President Recep Tayyip Erdogan doubling down on his controversial economic policies, such as demanding that the central bank cut inter ... Show More