Aug 18 2018
Secretary of the Treasury Steven Mnuchin said Thursday the United States is prepared to put additional sanctions in place against Turkey if the government of President Recep Tayyip Erdogan does not release American pastor Andrew Brunson, who has been held since 2016.
Brunson, from North Carolina, is under house arrest as his trial on terrorism charges continues.
Turkey's lira tumbled as much as 8.5 percent to 6.3 per dollar, having recovered ground rapidly in recent days.
"We have more that we are planning to do if they don't release him quickly", Mnuchin said during a meeting of President Donald Trump's Cabinet. It's not clear how much more they'd be willing to contribute if the U.S. just keeps making things worse.
During the meeting, Trump remarked that Turkey has "not proven to be a good friend".
In response, Erdogan launched a boycott of U.S. electrical products and sharply raised tariffs on other USA imports.
The United States and Turkey have imposed tit-for-tat tariffs in an escalating attempt by Trump to induce Erdogan into giving up the pastor.
US Jewish, Pro-Israel Groups Praise Trump's Reimposition of Sanctions on Iran
European countries fear that abandoning the accord will lead to accelerated development of nuclear weapons in Iran. The Trump tactics have deepened an already serious economic crisis in Iran, fuelling protests around the country.
India vs England, Lord's Test
Virat Kohli and his men though might now have to deal with the seam and swing of the English pacers, under overcast conditions. The tourists' record at the venue is not a flattering one as they have won only 2 out of the 17 Tests they have played there.
Tampa Police Pull Unconscious Child from River
Witnesses reported that the child, later identified as Denson's 4-year-old daughter, Je'Hyrah Daniels, was screaming, police said. Authorities said Denson stole a gray Nissan Altima from a fix shop before driving to the river.
US equities rose on hopes that Beijing and Washington may resolve a conflict that has roiled financial markets since early March.
Turkey, in turn, criticized the prosecution in the US of Mehmet Hakan Atilla, a top official at Turkey's state-controlled Halkbank who was convicted of helping Iran avoid USA sanctions.
Erdogan and his French counterpart Emmanuel Macron agreed in a phone call Thursday to foster trade ties, a Turkish presidential source said.
Ratings agency Fitch said the absence of an orthodox monetary policy response to the lira's fall, and the rhetoric of Turkish authorities have "increased the difficulty of restoring economic stability and sustainability".
Meanwhile, Turkish courts have moved to defuse other legal cases that have irritated relations with the EU. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going.
Supporters of Brunson, who ran a small church in the Turkish coastal city of Izmir, say allegations that he was linked to Kurdish rebels as well as Turkish cleric and alleged coup plotter Fethullah Gulen are absurd.
He said: "We will pay nothing for the release of an innocent man, but we are cutting back on Turkey!"
The selling has also deepened concerns about the broader economy, particularly Turkey's dependence on energy imports and whether foreign-currency debt poses a risk to banks.
Aug 17 2018
New Haven Mayor Toni Harp gives update on K-2 overdose outbreak
Authorities said most of the New Haven patients responded to high doses of Narcan given at the hospital and they were released. Police say there haven't been any deaths linked to the overdoses, although two people were hospitalized in critical condition.
Aug 17 2018
Trump signs defense policy bill with watered-down China measures
Trump thanked several lawmakers during his speech, but he did not mention McCain, a former US Navy pilot and a prisoner-of-war. McCain National Defense Authorization Act for Fiscal Year 2019 at Fort Drum , New York, on Monday.
Aug 14 2018
Omarosa: I never signed that 'draconian' White House nondisclosure agreement
The recordings came out as Omarosa promotes her new book " Unhinged , ' where she turns on her former boss and 'Apprentice " host. Minutes later, Trump retweeted Frank Luntz denying a claim in Manigault Newman's book that Luntz heard Trump use the N-word.
Aug 13 2018
Turkey's finance chief: Action plan ready to ease markets
He also branded interest rates as a "tool of exploitation" which should be kept as low as possible. Trump has described his detention as a "total disgrace" and urged Erdogan to free him immediately.
Aug 11 2018
Jose Mourinho takes a swipe at United’s critics
Jose Mourinho and Manchester United got both in their opener against Leicester at Old Trafford and, for a week at least, the storm clouds around Old Trafford will lift.
Aug 11 2018
Improved Liverpool need to be more clinical for title tilt, says Klopp
But that all made sense - we had to create a squad which is strong enough and wide enough to cope with the Premier League and to be as successful as possible. "The league is exactly the same". "The champions, Man City , didn't lose any players and brought in [Riyad] Mahrez ".
Aug 10 2018
Mike Pence Unveils Plans For New Space Force Military Branch By 2020
When the proposal for a separate force was launched a year ago , Defense Secretary Jim Mattis resisted it. The Pentagon report, however, included a plan to create a unified combatant command, known as the U.S.
Aug 09 2018
War Of Credibility Over Rick Gates Continues In Paul Manafort Fraud Trial
He also is accused of fraudulently obtaining millions more in bank loans, including while he was working on the Trump campaign. Prosecutors called Morgan Magionos, an Federal Bureau of Investigation forensic accountant, as the next witness to testify.
Aug 08 2018
Karunanidhi demise: State funeral for DMK Patriarch on Wednesday
He led DMK to victory in 1996, but AIADMK under Jayalalithaa trumped his party once again in 2001. DMK workers broke barricades and shouted slogans against the Centre and the state government.
Aug 07 2018
First woman fined in Denmark for wearing full-face veil
The country's "Burqa Ban" also outlaws other accessories covering the face like balaclavas, masks and false beards. Police are going through surveillance video to determine if the other woman deliberately ripped off the niqab.
Aug 18 2018New York University offers free tuition to all medical students
Aug 15 2018Erdogan says Turkey to 'boycott' United States electronic goods
Aug 14 2018Man who stole plane and died in crash had North Dakota ties
Aug 13 2018Antibiotic delivered to wild killer whale in global rescue operation
Aug 13 2018Pentagon Space Force plan at a glance
Aug 12 2018How major US stock indexes fared Friday
Aug 12 2018Samsung unveils new Galaxy Note 9 smartphone and its first smart speaker
Aug 12 2018Ocasio-Cortez Accused Ben Shapiro of 'Catcalling' After Asking to Debate
Aug 11 2018Statement from NCAA leaders on college basketball reforms
Aug 04 2018Anthony Martial Responds To Mourinho Jibe, United Linked With Defender
Aug 18 2018Aretha Franklin's pastor speaks of her passing
Aug 17 2018Westminster crash suspect is British citizen of Sudanese origin
Aug 15 2018Chris Sutton Issues Damning Criticism Of Celtic Board After Champions League Disaster
Aug 14 2018Emergency declared ahead of Charlottesville anniversary
Aug 12 2018NASA Prepare Launch Of Probe Which Will ‘Touch The Sun’
Aug 10 2018Samsung Galaxy Note 9 will bring a longer battery life -- and Fortnite
Aug 09 2018Angelina Jolie accuses Brad Pitt of failing to pay 'meaningful' child support
Aug 08 2018Saudi Arabia's expulsion of Canada ambassador sends pointed message
Aug 07 2018Donald Trump reimposes sanctions on Iran that were lifted by Barack Obama
Aug 05 2018States vow to press fight against Trump's auto fuel rules
Aug 05 2018Russian airline says 18 killed in Siberian helicopter crash
Aug 05 2018California's Gov. Brown appeals to Trump for wildfire aid