Turkey

ANKARA, Turkey | The Latest: White House says Turkey treated pastor ‘badly’

ANKARA, Turkey— The Latest on Turkey’s currency crisis (all times local): 11:15 p.m. The White House says “we won’t forget” how Turkey has treated a detained American pastor, after a court rejected his appeal for release. Press secretary Sarah Huckabee Sanders told reporters Wednesday that Andrew Brunson is “a very good person and a strong … Continue reading ANKARA, Turkey | The Latest: White House says Turkey treated pastor ‘badly’

ANKARA, Turkey | The Latest: Turkish court rules to free rights activist

ANKARA, Turkey — The Latest on Turkey’s currency crisis (all times local): 4:45 p.m. Turkish officials say President Recep Tayyip Erdogan spoke by phone with German Chancellor Angela Merkel and stressed that a strong Turkish economy is also in Germany’s interest. Officials from Erdogan’s office said during their conversation on Wednesday the two leaders confirmed … Continue reading ANKARA, Turkey | The Latest: Turkish court rules to free rights activist

ANKARA, Turkey | The Latest: US urges solution to pastor case in Turkey

ANKARA, Turkey — The Latest on Turkey’s currency crisis (all times local): 4:00 p.m. The top U.S. diplomat in Turkey has called for the cases against an American pastor and others held in Turkey to be resolved “without delay” and in a “fair and transparent manner.” Jeffrey Hovelier, the U.S. Charge d’Affaires, spoke to reporters … Continue reading ANKARA, Turkey | The Latest: US urges solution to pastor case in Turkey

ANKARA, Turkey | Turkey’s Erdogan vows US boycott, but diplomats resume talks

ANKARA, Turkey  — Turkey’s president appeared to escalate a dispute with the United States that has helped foment a Turkish currency crisis, claiming Tuesday that his country will boycott U.S.-made electronic goods. Behind the scenes, however, diplomats resumed contact to ease tensions. Addressing a conference of his ruling party faithful in the capital, Recep Tayyip … Continue reading ANKARA, Turkey | Turkey’s Erdogan vows US boycott, but diplomats resume talks

ANKARA, Turkey  | Turkey tries to contain crisis but currency keeps falling

ANKARA, Turkey  — Turkey’s central bank took action Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan’s economic policies and a trade and diplomatic dispute with the United States. The Turkish lira has nosedived over the past week and tumbled another … Continue reading ANKARA, Turkey  | Turkey tries to contain crisis but currency keeps falling

ANKARA, Turkey | The Latest: Merkel says Germany wants Turkey to prosper

ANKARA, Turkey — The Latest on Turkey’s currency crisis (all times local): 3:40 p.m. Chancellor Angela Merkel says that Germany wants to see Turkey prosper economically and is stressing the importance of its central bank’s independence. Turkey is grappling with a currency crisis sparked by concerns over President Recep Tayyip Erdogan’s economic policies and a … Continue reading ANKARA, Turkey | The Latest: Merkel says Germany wants Turkey to prosper

ANKARA, Turkey | Turkish central bank tries to contain currency crisis

ANKARA, Turkey  — Turkey’s central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan’s economic policies and a trade and diplomatic dispute with the United States. The Turkish lira has nosedived over the past … Continue reading ANKARA, Turkey | Turkish central bank tries to contain currency crisis

ANKARA, Turkey | Turkish Central Bank takes steps to provide liquidity

ANKARA, Turkey — Turkey’s Central Bank has announced a series of measures to help banks manage their liquidity, after the country’s finance chief said the government had readied an “action plan” to ease market concerns that led to a slump in the value of Turkish currency. The bank released a statement Monday saying it would … Continue reading ANKARA, Turkey | Turkish Central Bank takes steps to provide liquidity