A financial power grab in Turkey?

Big investors are cutting back their exposure to riskier corporate debt, the IMF doled out some advice to the US and the UK, and China’s economy remained mired in deflation last month. Plus, Turkey’s business community is being rattled by an anti-corruption drive that has swept up hundreds of companies.Mentioned in this podcast:Big investors scale back risky bond exposure after storming rallyIMF warns US must tackle its yawning deficitIMF urges UK to stick with two official economic forecasts every yearChina’s consumer prices fall as deflationary pressures persistCrackdown or capital grab? Turkey state fund controls 1,000 businessesEmail Marc your questions about US politics: [email protected]’s FT News Briefing was produced by Lucy Baldwin, Fiona Symon, Sonja Hutson, and Marc Filippino. Our show was mixed by Kent Militzer. Additional help from Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.