Turkey and France agree to work together against U.S. economic moves

18 August, 2018, 00:59 | Author: Mary Valdez
  • The End of the United States Turkey Alliance

The fate of Andrew Brunson, charged with terror offences by a Turkish court, also overshadows the predicament of a Turkish-American scientist from NASA and several Turkish workers for the US diplomatic mission who were arrested in Turkey.

Anadolu Agency said a high court in Izmir upheld a lower court's decision earlier this week to keep pastor Andrew Brunson under house arrest.

Brunson was indicted on charges of "acting in a parallel and coordinated fashion" with Turkey's two chief enemies: the Kurdistan Workers' Party, or PKK, and a network run by Gülen.

In remarks at Thursday's Cabinet meeting, Trump voiced his disappointment with Turkey in personal terms, saying the country has "not proven to be a good friend". "He's not a spy".

"Even if tensions between the United States and Turkey are resolved, investors still need to see serious fiscal and monetary measures to restore confidence".

Albayrak said there would be no concessions on fiscal discipline, adding: "We are targeting lowering inflation into the single digits as soon as possible".

The United States has already imposed sanctions on two Turkish government ministers and doubled tariffs on Turkish steel and aluminium imports.

"We have more that we are planning to do if they don't release him quickly", Mnuchin said during the meeting.

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"They should have given him back a long time ago, and Turkey has in my opinion acted very, very badly", Trump told reporters at the White House, referring to Brunson.

A Turkish court on Friday turned down another appeal to free the pastor in the third such rejection, his lawyer said.

Albayrak said the government aimed at making Turkey an investment center in the region.

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.

Unfortunately, our words have fallen on deaf ears, and American weapons ended up being used to target civilians and members of our security forces in Syria, Iraq and Turkey.

Turkey has also in recent days shown an interest in repairing ties with Europe after a crisis sparked by Ankara's crackdown on alleged plotters of the 2016 failed coup. The currency was supported by Turkey's plan to cut spending, support for the banks and Qatar's pledge to invest $15bn in the country.

President Trump is ramping his attacks up on Turkey, claiming the country has taken advantage of the USA for many years.

The Turkish lira continued to retreat from its historic low against the dollar on Thursday after Qatar announced a $15 billion funding package for Turkey's wobbling economy.

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