Turkey's Power Struggle and Market Concerns
Turkey Prime Minister Ahmet Davutoglu is expected to step down this month after losing a power struggle with President Recep Tayyip Erdogan that’s sent financial markets plunging. The two leaders held a late-night summit on Wednesday, and neither issued an official statement after it finished. But a person familiar with the matter said Davutoglu’s AK Party will hold a leadership contest within about 15 days -- and the premier won’t be a candidate. Bloomberg's Simin Demokan reports and Panmure Gordon Chief Economist Simon French looks at the market impact with Anna Edwards on "Countdown."
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