techkenyot.com
techkenyot.com November 18, 2018


Erdogan says USA set deadline for pastor's release

13 August 2018, 08:45 | Glen Norman

Trump said on Twitter.

No body, no state and no credit rating agency can threaten Turkey and Turkish people, he added.

The lira is now down around 45% against the dollar since the start of the year, making it far harder for Turkish companies to pay back loans they have taken out in the U.S. currency.

Turkey has drafted an action plan and its institutions will start taking necessary steps on Monday morning to ease financial markets' concerns, Finance Minister Berat Albayrak said, after the lira plunged last week.

On Sunday, speaking to supporters in Trabzon on the Black Sea coast, Erdogan dismissed suggestions that Turkey was in a financial crisis like those seen in Asia two decades ago.

Rob Lowe slams Academy chiefs over Oscars changes
The Academy has traditionally looked down on certain genres, generally ignoring horror, fantasy, science fiction and comedy films. In recent years, the Academy Awards have continuously suffered from low ratings. 'The Dark Knight' via Warner Bros.

The two North Atlantic Treaty Organization (NATO) allies have been at odds over a wide range of issues: diverging interests in Syria, Ankara's ambition to buy Russian defence systems and more recently the case of Andrew Brunson, an evangelical pastor on trial in Turkey.

In an interview with Hurriyet newspaper published online, Albayrak described the lira's weakness as "an attack", echoing President Tayyip Erdogan - who is his father-in-law - but he said Turkey's action plan was ready.

'We are once again facing a political, underhand plot.

US President Donald Trump said Friday he had doubled steel and aluminium tariffs on Turkey, which pushed the Turkish lira to new historic lows against the dollar.

"We will give our answer, by shifting to new markets, new partnerships and new alliances, to the one who waged an economic war against the entire world and also included our country", he said. Even if Washington and Ankara can resolve their immediate problems - such as the recent arrest of USA citizens in Turkey - the numerous, and multiplying, issues on which Turkey and the United States now disagree could be their relationship's undoing. With God's permission we will overcome this'.

Turkish president: United States set deadline to release detained pastor
Turkey's President has slammed the crash of the lira as a "political plot" amid a row with the USA and Donald Trump . The Turkish Trade Ministry called the move "illegal", pointing to the World Trade Organization (WTO) rules.

"We will not surrender", Erdogan asserted.

Turkey and the USA are now experiencing rocky relations following Washington's imposition of sanctions on Interior Minister Suleyman Soylu and Justice Minister Abdulhamit Gul for not releasing American Pastor Andrew Brunson, who faces terrorism charges in Turkey.

He also branded interest rates as a "tool of exploitation" which should be kept as low as possible.

The announcement accelerated the sell-off of Turkey's lira currency, already battered by worries about President Tayyip Erdogan's influence over the central bank.

The nominally independent central bank has defied pressure over the last few weeks to hike interest rates in the face of high inflation and a collapsing currency.

Omarosa Manigault Newman claims to have taped John Kelly firing her
Little did she know that she would become a likely candidate for that list after losing her position at The White House. USA Today reports that Donald Trump has called his former Director of African American Outreach, a "low life".

Erdogan also hit back at USA authorities for convicting Mehmet Hakan Atilla, 47, deputy director general of Turkish lender Halkbank on charges of helping Iran evade USA sanctions on billions of dollars of oil proceeds.



Other News

Trending Now

Broad leads crushing England victory over India
Even when the ball's doing a bit, you have to pitch it in the right areas. "I was gutted when that rain arrived, " Broad said. I thought he (Ollie Pope) played really well. "Their guys were relentless; they made us work for the runs", he said.

Boris Johnson faces disciplinary action over burqa jibe
Speaking on Good Morning Britain , he added: "Just because we find something distasteful doesn't mean it's either illegal or it shouldn't happen".

Ronaldo sprinkles star dust on Juventus in intimate opener
The former Real Madrid striker played in his first match for Juventus in a friendly against the club's B team at Villar Perosa. During the years, we played a few times against Juve and I had a special feeling that the Italian supporters like Cristiano.

Liverpool vs West Ham, Premier League 2018-19
The former Manchester City manager said: "It was a tough game before the game , during the game and after the game ". Here, we take a look at one potential arrival and departure Liverpool should prioritise on deadline day.

Virat Kohli ‘not proud’ after India defeat at Lord's
Jos Buttler (24) got in and got out before he too fell lbw aiming across the line as Shami took a third wicket this innings. England lead 1-0 in the five-match series against the world's top-ranked Test nation. "It's five days to go".

Can Arsenal Turn Their Fortune Around Against Man City???
For Arsenal , their biggest concern will be at left-back with two specialist players in that position out for the fixture. Arsenal is a good opponent to manage a win as Manchester City have been proved powerful in their recent clashes.

Arsenal Vs Manchester City: 3 Key Battles To Watch Out For
Ahead of Manchester City's Premier League opener against Arsenal , Sports Mole looks at how Sergio Aguero has fared against the Gunners in the past.

US PGA Championship: Brooks Koepka leads, Tiger Woods in contention
You know what, watch out for that guy; he's hanging around! . "To hole in one on a Saturday at a major was really special". Because of that, you got to make birdies". "Having said that, I would have shot a much higher score yesterday".

Arsenal vs Manchester City: Predicted Lineups, Premier League 2018/19
The shadow cast over Arsenal's new manager is not a 22-year reign so much as a decade of poor recruitment that could take many seasons to correct.

Erdogan says lira crash 'political plot' against Turkey
The United States is the biggest destination for Turkish steel exports with 11% of the Turkish export volume. Photo American Christian pastor Andrew Brunson is on trial in Turkey on terrorism charges.