Erdogan sends Turkish lira to fresh low

May 15, 2018

(Global Edition) From the BBC World Service for Tuesday, May 15, 2018: Turkey’s ailing lira has hit a fresh low against the U.S. dollar. President Erdogan issued a direct challenge to the central bank’s independence. But why does the country’s premier believe higher interest rates are “the mother of all evil?" Then, European ministers are meeting to try to salvage the Iranian nuclear deal. We take a look at the economic and political tools the EU can deploy to circumvent US secondary sanctions. Finally, why bankrupt Toys R Us is selling a series of domain names they hoped would never be used.