Erdogan Defiant While Turkey Slips Toward Financial Crisis

Aug.12 — The Turkish lira has now stemmed declines after the banking regulator said it’s limiting swap transactions as the country faces another week of potential market turmoil. Turkey’s president lashed out at the U.S. over the weekend, threatening to find new alliances as well as new markets. Bloomberg’s Ros Krasny reports on “Bloomberg Daybreak: Asia.”