— cahi (@cahidelil) August 15, 2018
Of course, this seems to be a short period of saving face for Turkish leaders…
All the day’s economy and financial news, as Ankara hikes the tariffs on US rice, spirits and cars..and gets a cash boost from Qatar
President Erdoğan gave his son-in-law wide powers as finance minister – and they will succeed or fail together
Consigliere for more than a decade and now Turkey’s second most powerful person, Berat Albayrak’s rise through the ranks has become one of the most consistent – and contentious – themes of the country’s recent history.
Turkey and the United States are currently embroiled in a bitter diplomatic spat over the detention of an American evangelical pastor. This has resulted in an economic war between the former allies, with the United States issuing sanctions on the country, and placing tarrifs on certain Turkish goods. A consequence of this is the value of the Turkish Lira has plummeted to its lowest level ever. In response, Turkey’s furious president Reycep Teyepp Erdogan has called for a boycott of US electronic goods, particularly the Apple iPhone. In a speech reported by CNBC, Erdogan said: “If they have iPhone, there
WASHINGTON (Reuters) – The United States is warning more economic pressures may be in store for Turkey if it refuses to release a jailed American pastor, a White House official said on Tuesday, in a dispute that has further strained relations