Drop in Turkish lira is making us a lot more money

At the end of trading the US dollar which earlier was selling at over 30 Argentine Pesos ended some 30 cents lower at an average 29.61 Pesos

At the end of trading the US dollar which earlier was selling at over 30 Argentine Pesos ended some 30 cents lower at an average 29.61 Pesos

IPhones have become a political pawn in a brewing trade war between the USA and Turkey.

Shares in Vestel zoomed up seven percent on the Istanbul stock exchange after Erdogan's remarks.

In Monday's speech, he also reportedly told the populace to consider buying products from Vestel, a Turkish maker of Android handsets.

He also made his now famous speech on the night of the July 2016 failed coup calling citizens out into the street through Facetime, an iPhone app.

To force Turkey into releasing the pastor, the Trump administration began doubling tariffs on imported Turkish steel and aluminum last week.

Turkish Airlines and Turk Telekom said the advertising boycott would encompass all written, visual and social media, although existing agreements would not be affected.

US sends military advisers to aid Afghan forces in eastern city
Forces responded with close-air support this morning in #Ghazni", the official account for US Forces in Afghanistan tweeted today. On the first day of the offensive, at least 150 Taliban fighters and 10 government troops were killed, according to Yaftali.

Turkish business groups have begged Turkish President Recep Tayyip Erdogan to ease up in his feud with the United States as the Turkish currency continues to struggle. "Necessary instructions on the issue have been issued to our agencies", Yahya Ustun, spokesman for the country's flag-carrier, wrote on Twitter.

Ultra-low interest rates in the US and Europe have for years encouraged companies in Turkey to borrow in foreign currencies.

Albayrak also said fighting inflation and current account deficit are main priorities to establish a "much stronger Turkish economy".

"What you want to see is tight monetary policy, a tight fiscal policy and a recognition that there might be some short-term economic pain - but without it there's just no credibility of promises to restabilise things", said Craig Botham, Emerging Markets Economist at Schroders.

It's unclear what the US trying to achieve by targeting an ally with whom it worked together in places including Somalia, Afghanistan and Kosovo. Retail investors in Turkey are understood to have sold $50m (£39m) to $60m in foreign currency with the jump in the lira exaggerated by thin trading volumes, according to Bloomberg. The lira has lost more than 40 percent of its value against the dollar this year, hit by worries over President Tayyip Erdogan's calls for lower interest rates and fraying ties with the United States. The currencies of Argentina, Thailand, South Africa, Indonesia, Brazil, Mexico, Poland, Russia and India have come under selling pressure as investors, fearing a form of contagion, have retreated to the perceived safe haven of the USA currency.

Turkey will continue to take steps to protect the Turkish lira's value in global trade, Treasury and Finance Minister Berat Albayrak said on Tuesday.

Let’s revisit that time when Aretha Franklin made Barack Obama cry
Concertgoers in Detroit were keenly aware of the roads paved by Franklin. "Everybody's fearful", Mr. News that the 76-year-old Franklin is gravely ill has spread all over the world.

The lira started to stage a recovery on Tuesday following its dramatic two-day collapse.

He stressed that using Turkish liras in trade would be provided throughout the country.

Trump and Erdoğan hammered out a deal for the United States to get Israel to release a Turkish woman imprisoned for alleged links to Hamas, and for Turkey to release detained USA pastor Andrew Brunson - or so Trump thought, sources tell The Guardian. Brunson, who faces up to 35 years in jail if found guilty, denies the charges.

"Every part of [Vestel phones] are American", Rao said.

Even though a meeting between National Security Adviser John Bolton and Turkey's USA ambassador on Monday yielded no public progress, the White House is now leading the talks with Turkey over Brunson's release and a host of other issues that have dragged down the alliance.

The Turkish leader expressed that they were going to produce enough for themselves.

Ex-White House aide says Trump trying to silence her
Pierson said she often had to placate Manigualt Newman, who she said was obsessed with the topic of Trump recordings. Trump's campaign is filing an arbitration action against her as well, alleging a breach of a secrecy agreement.

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