In First Vote Since Turkeys Crisis Erdogan Could Lose Capital City

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ANKARA Turkey Turkeys president is accusing the United States and other western nations of attacking Turkeys economy ahead of Sundays local elections. Recep Tayyip Erdogan spoke Thursday as the Turkish lira lost some 5 percent of its value against the dollar amid continued volatility in the currency. all these are a squeezing operation by the west and the united states in particular. He said that the alleged interventions would not succeed. He reiterated his belief that interest rates must be lowered to fight rising inflation the opposite of what independent economists recommend. Erdogans party risks losing control of the capital begins to bite. Mr Erdogan responded by threatening currency speculators. Mr Erdogan and his allies want to teach Mr Yavas a lesson. Mr Erdogan has since threatened that Mr Yavas will pay a heavy price after the elections suggesting he may be removed from office. Mr Erdogan has indeed used every weapon in his arsenal to galvanise his religious base

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