USA threatens Turkey with more sanctions if it doesn’t free pastor

USA threatens Turkey with more sanctions if it doesn’t free pastor

A Turkish appeals court upheld USA pastor Andrew Brunson's house arrest Thursday despite threats of retaliation from the Trump administration, according to Bloomberg.

"We have put sanctions on several of their cabinet members", Mnuchin told President Donald Trump in a cabinet meeting attended by the press.

"We got somebody out for him", Trump said, referring to Turkish President Recep Tayyip Erdogan.

Investors, already anxious about Turkey's economy, were irked by a diplomatic and trade dispute with the United States over the continued detention of an American pastor Andrew Brunson on espionage and terror-related charges. One video made local headlines in southeastern Turkey as a businessman in Gaziantep smashed his and four of his friend's iPhones while calling out Trump.

Mr Trump said: "They want to hold our wonderful pastor".

"President Trump's imposition of tariffs on steel and aluminum is about protecting American national security", the spokesperson said.

"Turkey will emerge stronger from these (currency) fluctuations", said Albayrak, who is also Erdogan's son-in-law.

"Any conversations we have with China to come up with a deal and any conversations we have with Mexico would be seen as a win for the U.S." said Jeffrey Frankel, president at Stuart Frankel & Co in NY.

Catholic priests molested over 1,000 children in Pennsylvania, says report
Kryston a risk, saying the church should exercise "extreme caution" and should allow him "NO contact with adolescents". On Tuesday night, the Washington archdiocese posted a website, TheWuerlRecord.com , defending the cardinal.

The lira has weakened 35 per cent against the dollar this year as the deterioration in ties between the North Atlantic Treaty Organisation allies fuelled losses driven by concerns over President Tayyip Erdogan's influence over monetary policy.

This has worsened a crisis for Turkey's currency, the lira, which has lost about a third of its value against the dollar since January. He did not elaborate on what measures the U.S. is willing to take if Turkey continues to play hardball over Brunson.

The lira rebounded some 8 per cent on Tuesday, helped by news of a planned conference call on Thursday in which the finance minister will seek to reassure global investors. The lira's sharp decline has sparked fears in the worldwide community of a Turkish economic crisis.

The US has threatened to impose more economic sanctions on Turkey if it does not free a detained American pastor.

The United States was the fourth-largest source of imports to Turkey previous year, accounting for $12 billion of imports, according to International Monetary Fund statistics.

Turkey's banking watchdog has taken steps to stabilise the currency, limiting futures transactions for offshore investors and lowering limits on swap transactions.

The source said: "The two leaders underlined the importance of further strengthening economic and trade relations and boosting mutual investments between France and Turkey".

Investors are concerned that Turkey has amassed high levels of foreign debt to fuel growth in recent years.

Related Articles

  • De Bruyne suffers 'serious' knee injury

    De Bruyne suffers 'serious' knee injury

    De Bruyne had just returned to training August 6 after helping Belgium to the semifinals of the World Cup in Russian Federation . According to the Daily Mirror , De Bruyne sustained a knee injury on Wednesday in training during an outdoor session.
    Hatch 'not comfortable' with Trump calling Omarosa a 'dog'

    Hatch 'not comfortable' with Trump calling Omarosa a 'dog'

    White House economists have apologised after press secretary Sarah Huckabee Sanders made an incorrect statement at a briefing. President Donald Trump called Omarosa Manigault Newman a low life and a dog in response to allegations she made against him.
    Rogic's Celtic dumped out of Champions League

    Rogic's Celtic dumped out of Champions League

    They were without wantaway centre-half Dedryck Boyata , despite Brendan Rodgers' insistence that the player would have been fit to feature.
  • Malta rescues 114 migrants from sinking dinghy, but refuses Aquarius migrants

    Malta rescues 114 migrants from sinking dinghy, but refuses Aquarius migrants

    They first found 25 people drifting on a small wooden boat without an engine and believe they had been at sea for 36 hours. Protracted feuds between EU states over how to handle immigrants have thrown the issue back onto the European agenda.
    Fortnite finally released for Android | How to install Fortnite APK

    Fortnite finally released for Android | How to install Fortnite APK

    Fortnite grossed more than $180 million just on iOS platform, which is the only platform now where the game is available. That doesn't mean those of you who don't favour Samsung's Android phones can't get in on the mobile action.
    Pregnant TV reality star found dead on Highbridge sidewalk

    Pregnant TV reality star found dead on Highbridge sidewalk

    According to the Daily News report , McHenry was 20 weeks pregnant at the time of her death, and had turned 26 on August 6. Lyric posted a snap of her dinner at the Soho Grand Hotel in NY with the caption: "This is where my heart is".
  • North, South Korean leaders to meet again

    North, South Korean leaders to meet again

    Moon and Kim met in Panmunjom on April 27 for the first time, agreeing to hold another summit in Pyongyang in the fall. South Korea has banned the port entry of four ships confirmed to have imported North Korean coal into the country.
    Iraq PM to visit Iran, Turkey as U.S.  sanctions bite

    Iraq PM to visit Iran, Turkey as U.S. sanctions bite

    On Monday, Trump ordered all nuclear-related sanctions that were removed under the deal to be reinstated immediately. On Sunday, Johnson seemingly disregarded the move, urging British businesses directly to cut ties with Iran.
    L'Equipe: Zidane wants to take over at Manchester United

    L'Equipe: Zidane wants to take over at Manchester United

    Mourinho is under increased pressure to deliver success to United this season after failing to win a trophy at Old Trafford last term.
  • Air quality poor as wildfire smoke drifts back over Calgary

    Air quality poor as wildfire smoke drifts back over Calgary

    With air now rated as unhealthy , even healthy people may have symptoms such as dry eyes, coughing and sinus irritation. During a wildfire, air quality is volatile and subject to rapid change over short durations.
    All districts of Kerala flooded, rescue operations underway

    All districts of Kerala flooded, rescue operations underway

    Jet Airways and Air India has also advised fliers to refer to the airline website for status of its flights from Cochin. Kerala wanted the outflow and the inflow of the water through the sluice gates of the dam to be the same.
    Defence rests without calling Paul Manafort or any witnesses to the stand

    Defence rests without calling Paul Manafort or any witnesses to the stand

    Manafort is charged with bank fraud, conspiracy, preparing false tax returns and failing to disclose foreign income. Asked whether he was satisfied with the advice he'd received from his attorneys, Manafort said, "I am, your honor".