treasury secretary minucci and threaten the turkish economy could be in a tight spot the country's currency the turkish lira collapsed sharply in recent months and drag the economy down with it. earlier today i spoke to a. director of global risk analysis at control risks and i asked her how much damage to the u.s. could actually do to the turkish economy. well is any sanctions usually from the point of view of political impacts they they produce this is the rallying around the flag effect so even though the. electoral base has been suffering a lot in the recent months some devaluation of the new year are in generally from rising prices but this riding on the flag effect is going to increase at least in the short term or dance popularity and help him to put across the message that is it wasn't his policies that are responsible for economic slowdown but the conspiracy from the west but it all depends how long those sanctions are going to continue clearly turkey can withstand in the short term the economic impact but the sanctions if sanctions are going to deepen and expand over significant p

treasury secretary minucci and threatens the turkish economy could be in a tight spot the country's currency the turkish lira collapsed sharply in recent months and drag the economy down with it. well let's speak to. his director of global risk analysis consultancy risk. how much damage can the u.s. do to the turkish economy. the turkish economy has been going for a period of rather prolong the cannot make turbulence following the introduction of the previous u.s. sanctions and there actually has been coming out of the period of recession and it covering serious economic fundamentals today look at much better than they looked in 2018 when the 1st u.s. sanctions were imposed and so far we've seen the rather limited reaction from the markets you know partly because the 1st set of the sanctions that was announced yesterday actually are rather limited sanctions as you mentioned they're primarily focused on individuals from free ministries but what i think is very important for an economy is that uncertainty and this is why many corporates invest this are now putting their plans on hold but also