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Economist Podcasts

Can’t take a hike: more economic turmoil in Turkey

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 24 March 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

President Recep Tayyip Erdogan just does not like interest-rate rises. So he has again sacked a central-bank governor given to imposing them—again, to his own peril. America’s love of free markets extends also to the business of sperm donation; our correspondent discusses the risks that come with so little regulation. And the opera composer who is shaking up stereotypes.

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Transcript

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0:00.0

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1:02.0

Hello and welcome to the Intelligence on Economist Radio.

1:05.8

I'm your host, Jason Palmer.

1:07.9

Every weekday, we provide a fresh perspective on the events shaping your world.

1:16.0

In lots of places, being a sperm or egg donor is a lucrative choice. In America, it's one with

1:22.7

few limitations. We look at the perils of an unregulated market and speak to a man who's unwittingly become a father to dozens and dozens of children.

1:32.3

And in the world of opera, female characters are often tragic or weak, and women rarely end up as notable composers.

1:41.3

We examine the latest work by Missy Moazzoli, who's doing much to turn both

1:45.9

of those trends around. But first...

1:59.0

It's happened again.

2:01.6

On Saturday, Turkey's president, Racheb Tayyip Erdogan, abruptly fired the head of the country's

2:06.6

central bank.

2:07.6

The reaction this week from international investors has been swift and mostly negative.

2:11.6

The country's lira currency plunged to near record lows after the shock weekend

2:16.6

ousting. This seems to me like the Ottoman deep state at its best.

...

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