7 minutes agoErdogan urges Turks not to use dollar, euro
Periskopi(8 years ago)
(8 years ago)Turkish President Recep Tayip Erdogan has reiterated his calls for Turks to sell their dollars and euros in order to support the national currency, whose value has fallen due to concerns about the economy and worsening relations with the United States. Speaking to supporters in the city of Unye, Erdogan also said [...]
Turkish President Recep Tayip Erdogan has reiterated his calls for Turks to sell their dollars and euros in order to support the national currency, whose value has fallen due to concerns about the economy and worsening relations with the United States.
Speaking to supporters in the city of Unye, Erdogan also said it is a pity that the United States is choosing Andrew Brunson a US pastor who is being tried in Turkey on charges of terrorism before choosing Ankara as a strategic ally.
United States President Donald Trump has requested the pastor's release. This is just one issue Washington and Ankara disagree on.
On August 10th, Trump announced it has authorised the doubling of steel and aluminum tariffs coming from Turkey.
Pastor Brunson, who has been held by Turkish authorities since 2016, faces 35 years in prison if he is found guilty on charges of helping Kurdish separatists and a group that Erdogan accuses of standing behind the failed 2016 military stamp.
Sanctions and tariff threats have led to almost the collapse of Turkish currency, the lira, which has dropped 19 per cent and forced Ankara to take steps in cutting spending in order to stabilise the country's economy.
