Turkey

Turkish lira rebounds after Qatar pledges $15 billion

ANKARA; 16 Aug 2018; (AP) — The Turkish lira continued to rebound from record losses on Thursday a day after Qatar pledged $15 billion in investments to help Turkey’s economy.

The currency strengthened some 2 percent against the dollar, trading at around 5.85 per dollar, hours before Treasury and Finance Minister Berat Albayrak was scheduled to update international investors about the economy.

In retaliation, Turkey raises tariffs on some U.S. imports

ANKARA, Aug. 15 (Xinhua) -- Turkey's President Tayyip Erdogan signed a decree to raise the tariffs on some U.S. imports including cars, alcohol and tobacco, an official report said on Wednesday.

According to the decree published in the official gazette, Turkey has imposed an extra 60-percent of tariffs on passenger cars, 70 percent on alcohol and 30 percent on tobacco. Tariffs on cosmetics, rice and coal were also increased.

The move was a response to Washington's "economic attack" on Turkey, the country's Vice President Fuat Oktay tweeted.

Turkey to boycott US-made electronic products: Erdogan

By Cansu Dikme and Merve Aydogan

ANKARA, 14 Aug 2018; AA: President Recep Tayyip Erdogan on Tuesday announced Turkey will boycott American electronic products.

The announcement came in his address to a symposium organized by the Foundation for Political, Economic and Social Research (SETA) on the 17th foundation anniversary of the ruling Justice and Development (AK) Party.

“We will boycott America's electronic products,” Erdogan said mentioning that Turkey would produce the better of every product bought with foreign currencies and export them.

Turkey's president calls lira plunge "plot", threatens to seek new alliances

ANKARA, Aug. 12 (Xinhua) -- The plunge of Turkish lira is "a plot against Turkey" and the country will seek new partners and markets if the United States does not back down on its hostile policy, Turkish President Recep Tayyip Erdogan said on Sunday.

Talking in a meeting in the Black Sea city of Trabzon, Erdogan said the current fluctuations in the exchange rate could not be explained by logic.

"I here declare that we have seen your plot and we are challenging it," said Erdogan, apparently referring to the United States.

Turkey slams Greece halting extradition of terrorist

By Faruk Zorlu

5 Aug 2018; AA; ANKARA; Turkey on Sunday criticized the Greek justice minister halting the extradition of an accused far-left terrorist to Turkey.

"The extradition of Turgut Kaya was refused by the decision of the Greek minister of justice despite the Greek judiciary’s ruling in favor of extradition to Turkey," said Foreign Ministry spokesperson Hami Aksoy in a statement.

"This reveals once again that the traditional sentiments of the Greek political power against Turkey have not changed," he added.

Erdogan: Turkey to freeze assets of 2 US secretaries

By Fatih Hafiz Mehmet

ANKARA; 4 Aug 2018; AA; The Turkish president said Saturday they will freeze assets of the U.S. "justice and interior" secretaries in Turkey.

"I am instructing my friends today. We will freeze assets, if there are any, of the U.S. justice and interior secretaries in Turkey," Recep Tayyip Erdogan said, speaking at ruling Justice and Development (AK) Party's Women Branch congress in Ankara.

Speaking about the U.S. move to freeze assets of Turkish justice and interior ministers, he said: "This is not logic."

Presidential aide slams Newsweek article on Turkey

By Kubra Chohan

ANKARA; 4 Aug 2018; AA; Turkey’s presidential aide Ibrahim Kalin on Saturday called an article by U.S.-based Newsweek magazine “one of the worst pieces on Turkey”.

“PKK and Gulenist/FETO propaganda presented as facts and ideological paranoia as analysis,” Kalin said in a tweet.

He added: “Now the June 24 elections are over, is Newsweek calling for another coup attempt in Turkey?”

Erdogan sanctions US officials in tit-for-tat row over pastor

4 Aug 2018; AFP; President Recep Tayyip Erdogan on Saturday said Turkey would impose sanctions on two US officials as retaliation for a similar move by Washington, hitting back in an unprecedented row between the NATO allies.

Turkey's holding of pastor Andrew Brunson on terror-related charges for almost two years has sparked one of the most intense crises between Washington and Ankara since the Turkish invasion of Cyprus in 1974.

Turkish policeman killed in PKK attack

By Yilmaz Kazandioglu

HAKKARI, Turkey; 4 Aug 2018; AA; A Turkish police officer was killed in an attack by the PKK terror group in the southeastern Hakkari province on Saturday.

He succumbed to his wounds in the Yuksekova State Hospital.

Earlier on Saturday, PKK terrorists detonated an improvised explosive device while the officers were passing through an area in their armored vehicle and injured nine policemen.

An operation in the area is ongoing.

Turkey vows retaliation in crisis with US over pastor

Turkey was on Thursday drawing up retaliatory measures after Washington slapped sanctions on two Turkish ministers in the one of the biggest crises between the two NATO allies in recent years.

Tensions have soared over Turkey's detention on terror charges of American pastor Andrew Brunson, who was first held in October 2016 and was moved to house arrest last week.

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