White House rejects Turkey's offer for pastor's release: report

  1. White House rejects Turkey’s offer for pastor’s release: report  CNN
  2. US Rebuffs Effort to Tether Bank Fine to Pastor’s Release  Wall Street Journal
  3. Emerging-Market Assets on the Rack as Turkey Shatters Confidence  Bloomberg
  4. The West Hoped for Democracy in Turkey. Erdogan Had Other Ideas.  New York Times
  5. Erdogan capitalizes on Trump’s effort to break and isolate Turkey  Washington Post
  6. Full coverage


Source: Google News

Turkey's lira weakens 5 percent, Trump says won't take pastor's detention 'sitting down'

Turkey's lira weakens 5 percent, Trump says won't take pastor's detention 'sitting down'The case of Andrew Brunson, an evangelical Christian missionary from North Carolina who has lived in Turkey for two decades, has become a flashpoint of tension between Washington and Ankara and has accelerated a currency crisis that has richocheted through global financial markets. The lira has lost nearly 40 percent of its value against the dollar this year, sparking a sell-off in emerging market currencies and weighing on global stocks. The crisis has been precipitated by investor alarm about President Tayyip Erdogan’s influence over monetary policy.


Source: Yahoo! News