Donald Trump says Turkey acted 'very badly' in Andrew Brunson case

Donald Trump says Turkey acted 'very badly' in Andrew Brunson case

Donald Trump says Turkey acted 'very badly' in Andrew Brunson case

Cagaptay, author of The New Sultan: Erdogan and the Crisis of Modern Turkey, said the release of the Greek soldiers was especially notable because Turkey, which has had rocky relations with Athens, would not have unilaterally made the one-sided move unless Erdogan felt it was crucial. Its leader lives in Pennsylvania and the USA has rejected calls from Turkey to have him extradited. "Qatar has pledged Dollars 15 billion of direct investments in Turkey", presidential spokesman Ibrahim Kalin wrote on Twitter yesterday.

Ratings agency Fitch said the absence of an orthodox monetary policy response to the lira's fall, and the rhetoric of Turkish authorities, had "increased the difficulty of restoring economic stability and sustainability". His transfer to house arrest came after Trump asked Israeli Prime Minister Benjamin Netanyahu to assist in Brunson's release, Israeli and United States officials told CNN at the time.

The lira lost strength after Mnuchin's remarks. However, it was still down 34 percent in 2018.

The embattled currency, which has fallen by 40% this year amid a lack of interest rate hikes to control inflation, fell to around 5.86 to the dollar - continuing its recovery from a record low of 7.23 on Sunday.

In his most recent tweet on August 16 over the Turkish court's ruling, which kept evangelical pastor Andrew Brunson under arrest, Pence threatened Turkey not to test the patience of the US president.

Erdogan has rejected Washington's demands to release him, while announcing new tariffs on USA imports.

Reuters reported earlier this month that banks had also started to sell some project finance loans to foreign lenders, to free up cash as they face higher funding costs and pressure from Erdogan to lend more cheaply.

Turkish President Tayyip Erdogan announced yesterday that the country would boycott all electronics from the USA amid tension and rising conflict between the two countries and its leaders.

"We will pay nothing for the release of an innocent man, but we are cutting back on Turkey!" he tweeted.

The White House said on Wednesday that it would not remove steel tariffs on Turkey, appearing to give Ankara little incentive to work for the release of Andrew Brunson, a pastor on trial in Turkey on terrorism charges.

Supporters of Brunson, who ran a small church in the Turkish coastal city of Izmir, say allegations that he was linked to Kurdish rebels as well as Turkish cleric and alleged coup plotter Fethullah Gulen are absurd. US crude rose 0.72 percent to $65.48 per barrel and Brent was last at $71.33, up 0.81 percent on the day.

On Thursday, Trump tweeted: "Turkey has taken advantage of the United States for many years".

"Despite the lira depreciation, he's not backing down", Selcuki told The Media Line. Turkey and Qatar - which is also a very close USA ally - have become close economic and political partners in recent times. Erdogan has cast the tariffs, and the lira's sell-off, as an "economic war" against Turkey.

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