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| The Grand Turk | ||
| Turkish lira skids past 5 to the dollar on US sanctions news | ||
| 2018-08-03 | ||
...just another cheapjack Moslem dictatorship, brought to you by the Moslem Brüderbund.... 's lira slid to a record low beyond 5 to the dollar and stocks fell on Thursday, after the United States imposed sanctions on two of President Tayyip Erdogan's ministers over the trial of a U.S. pastor accused of backing terrorism. The lira first touched 5 to the dollar on Wednesday, when the White House announced sanctions against Justice Minister Abdulhamit Gul and Interior Minister Suleyman Soylu over Turkey's detention of Andrew Brunson. The United States has blamed both for being involved in Brunson's arrest and detention. Brunson, an evangelical Christian pastor from North Carolina, has lived in Turkey for more than two decades. He is charged with supporting the group Ankara blames for orchestrating an attempted coup in 2016. He denies the charges, but faces up to 35 years in jail. The lira hit a record low of 5.0630 to the dollar at 0720 GMT.
Istanbul's main share index, the BIST 100, fell 2 percent on Thursday, with banking stocks among the decliners. Diplomatic disagreements with the United States, a NATO ...the North Atlantic Treaty Organization. A collection of multinational and multilingual and multicultural armed forces, all of differing capabilities, working toward a common goal by pulling in different directions... ally and a major trading partner, have long weighed on investor sentiment and the latest move by Washington added to the tension. Turkey's Foreign Ministry called Washington's action a "hostile stance" and said it would retaliate. "We call on the U.S. administration to walk back from this wrong decision," it said in a statement on Wednesday. Relations between the United States and Turkey have plummeted over Brunson, who was in jug for 21 months in a On Tuesday a court rejected his appeal to be released from house arrest during his trial on terrorism charges. The NATO allies are also at odds over the Syrian war, Turkey's plan to buy missile defences from Russia and the U.S. conviction of a | ||
| Posted by:trailing wife |
| #4 The lira hit a record low of 5.0630 to the dollar On its way to becoming the Ottoman peso. |
| Posted by: SteveS 2018-08-03 10:09 |
| #3 We'll see your pastor and raise you two ministers, |
| Posted by: Percy Peacock5205 2018-08-03 08:42 |
| #2 In 2007, the Lira was 85-cents worth US. That was the high point. It's been in decline ever since. PS, the hard turn by Erdo to isl*mism started in mid 2007. |
| Posted by: Mullah Richard 2018-08-03 08:40 |
| #1 If we haven't drawn down our mil/political people to the absolute minimum already, we better now. |
| Posted by: Frank G 2018-08-03 06:49 |