Qatar Rescues Turkey With $15 Billion

Turkish President Erdogan meets with Emir of Qatar Sheikh Tamim bin Hamad al Thani in Ankara

Last week, Trump announced on Twitter that he had green-lit a doubling of steel and aluminum tariffs on Turkey, and warned that USA relations with Turkey "are not good at this time!"

Turkey says the case is a matter for the courts.

"I am one hundred per cent behind the boycott appeal", he said.

Brunson, a pastor who is a long time resident in Turkey, is alleged by the government to have links to the outlawed Kurdistan Workers Party and the Gulenist movement, both of which are accused of being involved in 2016's failed coup against Erdogan.

"We're going to continue to apply the pressure until you do", Brownback said.

Trump later tweeted that the U.S. "will pay nothing" for the release "but we are cutting back on Turkey!".

Analysts also said the political cost of the investment remained to be seen, given that Qatar is also a U.S. ally and dependent on Washington for both military and political protection. Sanders lamented that Turkey had treated Brunson, "who we know to be a very good person and a strong Christian who has done nothing wrong, very unfairly, very badly".

"We have put sanctions on several of their cabinet members", Treasury Secretary Steven Mnuchin told President Trump in a cabinet meeting attended by the press on Thursday.




The source said: "The two leaders underlined the importance of further strengthening economic and trade relations and boosting mutual investments between France and Turkey".

"President Trump's imposition of tariffs on steel and aluminum is about protecting American national security", the spokesperson said.

"Pastor Andrew Brunson is an innocent man held in Turkey & justice demands that he be released", Pence tweeted.

US stocks climbed higher in afternoon trading after a Mexican economic official told reporters that trade talks between the United States and Mexico were "advancing well".

The lira has clawed back some ground over the past two days - after losing nearly a quarter of its value on Friday and Monday - but economists are warning that Turkey must urgently address its economic imbalances to avoid more trouble.

Economists gave Albayrak's presentation a qualified welcome and the lira initially found some support, helped by Qatar's pledge to invest $15 billion in Turkey.

After hitting a record low of 7.24 this week, the lira has benefited from central bank steps to underpin a currency hit by concerns at President Tayyip Erdogan's influence over monetary policy and a bitter dispute with Washington.

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