economy's woes on the west but the turkish currency has been taking for months we have to mention i mean investors really concerned because inflation is at nearly sixteen percent of the central bank is reluctant to raise rates in response which is something that you would normally see a central bank do what is anyone's way forward here. well you're right i mean basically this is what has it been saying it's a slow motion train crash has been waiting to happen for a long time the trigger is tensions with the u.s. but underlying it all these financial environment says inflation is double digit it is key it can expect to get a lot higher because of the massive growth in spending that turd one is currently engaged in a policy that he reiterated he will continue to do and there and vesta said until interest rates go up this common currency crisis will continue but one of make if he doesn't believe interest rate increasing interest rate now works in dealing with inflation this impasse means the currency rout is set to continue. ok and dramatic movements today we have to mention dorian johns wi

connection with millions of dollars on lobbying for ukraine failing to disclose all sure bank accounts and two counts of bank thawed and analysts prime's came to light as part of the investigation into possible washington influence on the u.s. election president trump commented on the verdict after landing in west virginia where he attended a rally of supporters. but of course many would think if he were a lot of different people here. feel very sad about. this it is me but i still feel you know they have. nothing to do with russian loot started rushing to loot you this is nothing to do so with that it is great. and give the president characterizing this all as a witch hunt tyson why has president trump defended matter for lengthily and not made any comments on my call i think the reason is because the the heat is a lot hotter with michael cohen and this is really lapping right up against the white house and could be grounds for impeachment there's been a lot of talk about impeachment including within the white house now with paul metaphor again it's this association issue the

bank accounts and two counts of bank for crimes came to light as part of an investigation into possible russian influence on the two thousand and sixteen u.s. election the president commented on the verdict after landing in charleston west virginia where he attended a rally let's take a listen. to parts of it was. there were a lot of different people are. very serious. as it is from me but i still feel you know they have. nothing to do with iraq or started feeling. so we're going to break. and to tyson bako from the aspen institute doesn't we can't defend a man for it but he didn't say anything about michael cohen what do you think that was the case qualitatively different cases the white house the president or feeling the white hot heat from the cohen plead guilty plea and he doesn't want to implicate himself he's already gone on record saying that he didn't know about the payments that is now proven to be false that's what cohen said under oath with paul metaphor he has a lot more play room he can say because a lot of these associations with the ukrainian government happened