BEIRUT/ANKARA (Reuters) – One casualty of Turkey’s military incursion into Syria may be its own recovery from recession after U.S. congressional leaders threatened sanctions that could hit the lira and harden Turkish distrust of Western allies. Turkey’s currency – which suffered a crisis a year ago due in part to U.S. sanctions and tariffs – hit its weakest level in nearly four months after U.S. troops left northeast Syria and Ankara ordered attacks on Kurdish forces there. In recent months the lira had steadied and inflation had fallen, suggesting Turkey’s $766 billion economy, the largest in the Middle East, had left behind its worst slump in nearly two decades.
