Turkey in Crisis, Aryzta Cash Call, Web Summit U-Turn

Turkey has been hit by a currency crisis in the past week that, coupled with a tense stand-off with Donald Trump, threatens to wreak havoc on the country. Are we in a new era of ‘strongman economics’? And what is the potential for contagion across the EU? Chief economist at Manulife and John Hancock Asset Management, Megan Greene, joins Cliff Taylor and Ciaran Hancock to discuss.Also on the podcast: Aryzta has announced that it intends to raise €800 million from investors. Joe Brennan has the background.But first, Peter Hamilton has a roundup of some of the other stories making headlines this week, including Paddy Cosgrave’s U-turn on Marine Le Pen’s Web Summit invitation, FBD’s Fiona Muldoon cleared of wrongdoing and a €4 million face-lift for Café en Seine. Hosted on Acast. See acast.com/privacy for more information.

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