management there. they're calling on european oil companyaustrian to protect european businesses. tom, you for joining us investment director at fidelity investment management ltdill continue our conversation on bloomberg radio in the morning. manus: let's talk about the turkish lira. annihilation is what comes to mind. they think to a record low. it was a wipeout yesterday. currencyto support the . word -- the word annihilation yesterday. that really was something. capital control is on the way. would you agree that that is where we are headed? >> that is one of the choices. the point about capital control is that historically, turkey has been reluctant. it is very dependent on flows to finance its deficit. that would be a very hard pill to swallow. money would be a move by the central bank. as we have said repeatedly, and the discussion, it will have to be something very big from the central bank. it does look now that the central bank will move and defy erdogan. it will have to do something that sends a clear signal to the market. the policymakers are here and they defend the currency and will not let this continue. that is a very open question. anna: again,