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The nation of Turkey a rough thing with anti government protests now in their thirteenth day.
And an eighty separate cities threatening the critical supply route for our military and the region overall.
This was the scene last night as riots broke out between police and demonstrators but did you know.
There -- 12100.
US companies have operations in Turkey and for the past couple of years the country has seen major investments from General Electric.
-- three and even Dow Chemical.
So what lies ahead for US companies doing business in Turkey rob hardy of GO Stratton told us his clients that he told his clients to get out.
He joins me right now via phone so what you're afraid that I noticeable that rog you told her clients months ago to get out -- you said do not be doing business there why did you see then.
What are you seeing now.
But -- What we can't thank you for having me on I'm I'm not in the studio I just -- black and I get a telephone interview with doing better but.
Back in February 2011 when it's time for -- displacement and they get a good.
But I saw happening in Turkey with a declining economy.
Consumer debt -- -- remake probably.
But Turkey's economy and -- 2.3 percent last year after throwing over a half percent here for the last year.
And if it hadn't been for that seventeen billion dollars worth of gold they were exporting it to Dubai for the benefit of the Ukrainian.
Economy -- a problem at all last year.
Dollars you know from Intel report in the background.
A lot of unrest around the world is the foundation is a bad economy.
A bad economy and also the unemployment issues that certainly they are facing about 10% in Turkey and the youth unemployment rate rivals that of of other countries like Egypt that you -- for example but other similarities -- going to ask you about their religious similarities I mean.
It technically you would think of Turkey is a secular country but the truth is it's a heavily Muslim populated country.
And also you've got about president their prime minister excuse me -- again who has really risen a popularity on that good economy.
Now -- economy is faltering he's got protests against him he's got a fight against him to -- Howard says he's been in power.
He's a very tough guy he's -- -- Yeah is that act Canada had tears have been in power he's serving his third term as prime minister.
You want to run for president 2014 -- want to change the constitution.
If the presidency more power.
But he's a very tough guy and -- a -- He's a big risk taker in May be made it.
-- that put spanked the Yankees Ali misinterpreted as protest -- started off as a environmental protest and is -- into a protest against its autocratic rule going must make put things.
Too far and it may happen -- it -- this week it.
What does this mean for about a regular viewers know we're looking at some live pictures now on any need to know what we're not saying.
And what the violence -- -- Auburn I was -- massive crowds.
And the square and -- -- natural looking up folks you know rob here's the thing with regards to Turkey we have seen this story play out over.
And over -- you mention Egypt we've seen things like this happen in Libya.
And other parts of the Middle East what does this mean for our far right for Europe -- secular countries that are nearby Greece.
Italy more first world economies that could be threatened.
By the violence in Turkey is out of concern for businesses in your opinion.
It is a concern for business Carol over half of foreign direct investors Turkey came from the EU EU is Turkey's largest trading -- So that the -- any EU has stated the Turkey.
At turkeys at a critical location it's gonna become a transit or gas.
-- -- Europe to compete with Russian gas from the app from the caucus region.
That Turkey is also a NATO -- member of NATO and it's extremely important country.
And you'll have an impact on the economy at the entire region.
The war the biggest casualty of what's happening in Turkey is the reputation of its economy.
Its political system and -- on birds play.
It's always been such a safe -- relatively safe.
Haven for US investors and we should say they've also -- -- from fed.
Stimulus is like we have here the United States while rob hardy thank you very much for joining us we'll continue to -- the situation keep those notes come and by the way they're great aren't back.
And the director of the national security.
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