Erdoğan urges Turks to sell dollars and euros to support lira
Erdoğan urges Turks to sell dollars and euros to support lira
Turkish Finance Minister Berat Albayrak is to unveil the plan for Turkey's economy on Friday
13 August, 2018, 04:39
In a statement the White House clarified that Trump had authorized the preparation of documents to raise steel and aluminumtariffs through his authority under Section 232 of USA trade law.
"As he stated, the president has authorized the preparation of documents to raise tariffs on imports of steel and aluminum from Turkey", White House Deputy Press Secretary Lindsay Walters said.
The lira crashed days ago as tensions between the United States and Turkey began to rise.
Trump's announcement saw the Turkish lira drop even further, crashing to a 19 percent daily loss against the greenback.
The lira sell-off deepened concern over whether over-indebted Turkish companies will be able to pay back loans taken out in euros and dollars after years of overseas borrowing to fund a construction boom under Erdogan.
More evidence of how nervous investors are about Turkey's economy could be seen in the iShares MSCI Turkey exchange-traded fund, which plunged 18% and saw the most premarket trades ever, according to Bloomberg.
Turkish President RecepTayyip Erdogan has accused the United States of trying to "bring Turkey to its knees through threats over a pastor". He tweeted, "Our relations with Turkey are not good at this time!"
One of the hard issues affecting U.S.
Much of the tensions between the two countries centre on an American cleric, jailed in Turkey on terrorism charges.
Turkey has accused Andrew Craig Brunson of spying and "committing crimes on behalf of terror groups without being a member".
Since then, its relationship with Turkey, the sixth largest steel importer to the U.S., the world's biggest steel importer overall, has deteriorated, prompting Ankara to send a delegation this week to Washington to meet with both the State and Treasury Departments.
Andrew Craig Brunson, an evangelical pastor from Black Mountain, North Carolina, arrives at his house in Izmir, Turkey, July 25, 2018.
Turkey, he wrote, could turn to "other friend and allies", if the USA continued its more hawkish policy vis a vis Ankara, without elaborating who those friends and allies would be. He added that the country will continue to enjoy good economic relations with several major nations. These include places "from Iran, to Russian Federation, to China and some European countries", he said.
From left, Iranian President Hassan Rouhani, Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan shake hands previous year.
Analysts believe Saudi Arabia holds somewhere between $10 billion and $25 billion in Canadian currency. But uncertainty over the state of affairs between the two countries continued to hang over Ottawa .
And thereby hangs a tale. "It's like I'm not even thinking about my birthday, So it's kind of amusing ", Auger-Aliassime said. He almost swept the European clay-court swing, winning his 11th Monte-Carlo, Barcelona and Roland Garros titles.
He looked uncomfortable with the ball at his feet and seemed to suffer from a lack of confidence after conceding the opener. Three points earned in a tough fixture when City were never really put under enough pressure to threaten the clean sheet.
Back in June, Ingraham took heat for comparing President Trump's immigration detainment camps for children to "summer camps". Advertisers started pulling out nearly immediately, and by the following month, she had lost over two dozen.
Going forward, things were made particularly hard for him by the absence of a natural left-back to lend him support. The title is City's to lose, but they'll be hoping for more than just back-to-back championships in England.
Small phones are a rarity in 2018, and as such, the Pepito looks like nothing else that's now on the market. The phone will be tiny, more in line with the diminutive HP Veer than a higher end Treo or Palm Pre .
Then, they suggested fixes including adding the popular film category. "Otherwise known as the white people's choice awards". Including past winners that are blockbuster films like Titanic and The Lord of the Rings: The Return of the King .
Picking up where they left off last term, City had too much class for Arsenal and easily repelled the hosts' few unsafe moments. Fernandinho , Kevin De Bruyne and a Silva - either David or Bernardo - is a familiar trio for the away side.
She said the recording took place in the Situation Room, raising questions about security and ethics. "No one. But Sunday she tells Chuck Todd that, after the book closed, she was able to hear it personally.
Orca moves on after carrying dead newborn
Orcas, also called killer whales, are highly social, and this pod was spotted Friday afternoon near Vancouver, British Columbia. The mother is now surrounded by members of her clan, known as J pod, who stay to support her through the grieving process.
Romanian police clash with anti-government protesters
Several police officers were hurt on Friday as some protesters threw bottles and police used tear gas and water cannon. State Department criticized the proposed changes to judicial legislation, saying they could derail the rule of law.
Arsenal Vs Manchester City- Pundit reaction
But the veteran goalkeeper was grasping at fresh air when Sterling sashayed inside to lash home a shot from the edge of the box. Meanwhile, Arsenal are in a new era following the appointment of Unai Emery as well as several new signings this summer.
Rosy Canadian jobs report gets no help from resource sector
The total number of hours worked in July expanded 1.3 per cent, a slightly slower pace than the June reading of 1.4 per cent. It isn't expected to be earth shattering news as estimates suggest about 15,000 jobs were created last month.
Paul Pogba, Jose Mourinho, Ed Woodward
Speaking to Sky Sports after the game, he explained: 'I think football is changing, and probably football managers should be called now more head coaches.
Trade Desk (TTD) PT Raised to $130.00
Trade Desk comprises about 1.6% of Braun Stacey Associates Inc.'s investment portfolio, making the stock its 5th biggest holding. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Emery in spotlight as Arsenal begin life without Wenger
Arsenal vs Manchester City , Premier League match will be telecast on Star Sports Select 1 and Star Sports Select 1 HD. Arsenal have named their new captain after Per Mertesacker retired from playing football at the end of last season.
Alli header helps Spurs see off spirited Newcastle
At St James Park yesterday, despite the ongoing shenanigans behind the scenes, the Newcastle United support got behind their team. Newcastle: Dubravka 7, Yedlin 7, Clark 7, Lascelles 6, Dummett 6, Diame 6, Shelvey 8, Ritchie 7, Perez 6, Kenedy 6, Joselu 6.