Turkey’s president Erdogan faces his greatest crisis yet

President Erdogan’s aggressive foreign policy is what usually captures the attention of the international media, but it is at home where his biggest troubles now lie. Turkey’s currency, the lira, has tanked, hitting a record low of just over 13 lira to the dollar. Thousands of protesters will hit the streets in the coming days over the country’s turbulent economic situation. Erdogan finds himself embattled.

For now, Erdogan remains defiant. But the figures are brutal: since the beginning of the year, the Turkish lira has lost almost 40 per cent of its value. The minimum wage in Turkey, which was worth $556 (£417) at its highest, is now down to just $255 (£191).

This woeful economic situation has caused a dramatic surge in prices for many basic goods. Protests are brewing in the streets of Istanbul and Ankara.