Bitter pills: Erdogan's possible remedies for Turkey crisis

The crash in the Turkish lira sparked by US sanctions has left President Recep Tayyip Erdogan facing the biggest economic challenge of his one-and-a-half decades in power. The lira has recently clawed back some of its losses, but economists say Turkey still urgently needs to address imbalances in its economy and avert a full-blown crisis. The fragility of the currency was highlighted again on Friday when Standard and Poor's and Moody's both downgraded Turkey's debt ratings within hours of each other.

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