| When America gets a cold... or just sneezes once because of the dust in the air. Sultan Erdogan I “the much beloved” would be considering how to turn this around if he were clever instead of ambitious. But he’s not, so the gods of the copybook headings will have their way. |
...the only place on the face of the earth that misses the Ottoman Empire....
's lira tumbled to another record low against the dollar on Thursday after a
The two governments are at odds over the detention in Turkey of US evangelical pastor Andrew Brunson on terrorism charges, and the rift has deepened investor concerns about Turkey's future under President Sultan Recep Tayyip Erdogan the First
... Turkey's version of Mohammed Morsi but they voted him back in so they deserve him. It's a sin, a shame, and a felony to insult the president of Turkey...The lira stood at 5.4650 against the dollar at 1356 GMT, down more than 3 percent from the previous day's close and after sliding to an all-time low of 5.48.
The delegation of
...the North Atlantic Treaty Organization. It's headquartered in Belgium. That sez it all....
allies.
There was no immediate comment from Ankara on whether the meetings were successful.
The lira has lost nearly a third of its value this year, mainly fuelled by worries about Erdogan's influence over monetary policy.
"You have some very odd politics with the President interfering with monetary policy - they are picking fights with Europe, they are picking fights with the Americans," said Paul McNamara, an investment director at GAM London Limited.
More, from CNBC: Turkey's currency drops 9% as Erdogan calls for citizens to convert dollars 'beneath your pillows' to lira