Turkish high court rejects appeal for USA pastor Brunson's release

Devin Lawrence
August 17, 2018

Calling once again for Turkey to release Pastor Andrew Brunson Friday, President Donald Trump had harsh words for the North Atlantic Treaty Organisation ally before leaving the White House Friday for Southhampton, New York. We've put sanctions on several of the cabinet members. "We have more that we are planning to do if they don't release him quickly".

The White House said on Wednesday that it would not remove steel tariffs on Turkey, appearing to give Ankara little incentive to work for the release of Andrew Brunson, a pastor on trial in Turkey on terrorism charges.

The US present had harsh words for Turkish officials during the cabinet session, saying, "They have not proven to be a good friend".

The Trump administration has already sanctioned two Turkish leaders over the pastor's imprisonment. "He's a very innocent man", Trump said.

"Turkey will emerge stronger from these (currency) fluctuations", said Albayrak, who is also Erdogan's son-in-law.

Turks expected Trump to create an obstruction to this conspiracy, yet we see he too has joined it.

The currency lost almost 40 percent against the dollar this year, driven by worries over President Erdogan's growing influence on the economy and his repeated calls for lower interest rates despite high inflation.

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

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Turkey's finance chief tried to reassure thousands of worldwide investors on a conference call Thursday, in which he pledged to fix the economic troubles.

The Turkish lira is trading under its fair market value, and its depreciation is expected to narrow the current account deficit in Turkey, according to the Washington-based Institute of International Finance (IIF) on Tuesday.

Turkey has taken advantage of the United States for many years.

The Turkish lira stood at 5.80 per dollar on Friday, up about 0.4 per cent against the dollar.

The currency has rebounded strongly over the past two days after hitting a record low of 7.24 at the start of the week, thanks to the central bank's measures to support it and Qatar's pledge to invest $15 billion in Turkey. On Aug. 14, he said Turkey would boycott USA electronic products.

Investors are concerned that Turkey has amassed high levels of foreign debt to fuel growth in recent years.

Erdogan has remained defiant, urging Turks to sell their gold and dollars for lira and describing the crisis as an "economic war".

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