“Emerging markets getting smoked” worldwide

David Bloom, global head of foreign exchange strategy at HSBC, tells CNBC that the fall in the Turkish Lira is an emerging market “EM” story and is not unique.Here is a direct video link.

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Obama White House out of control?

In “This Matters Now,” Jeffrey Sachs, Earth Institute director at Columbia University, discusses the dangers of the surveillance of phone calls and internet activity by the NSA and what it means to citizens’ privacy.Here is a direct link.

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Misplaced faith unravels

Bank of Japan fails to deliver the magic it promised. Surprise, surprise…Here is a video report.

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