WASHINGTON  – The United States is warning more economic pressures may be in store for Turkey if it refuses to release a jailed American pastor, a White House official said on Tuesday, in a dispute that has further strained relations between the NATO allies. The tough message emerged a day after White House national security […]

ISTANBUL (Reuters) – President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that helped drive the lira to record lows. The lira has lost more than 40 percent this year and crashed to an all-time low of 7.24 to the dollar on […]

Bitcoin (BTC) jumped to seven-month highs against Turkey’s national currency, the lira (TRY), on Monday. The price spike comes after the U.S. imposed sanctions against Turkey on Friday for continuing to hold an American pastor in custody. The resultant economic shock-wave has seen the lira drop to a new lifetime low of 7.20 TRY against […]

Moves to ease Turkey’s economic woes have failed to stop market turmoil as the country’s row with the US deepens. Turkey’s President, Recep Tayyip Erdogan, said on Monday that the US was seeking to “stab it in the back”. The US last week imposed sanctions on Turkey over its refusal to extradite a US preacher […]

President Trump has often touted his personal chemistry with leaders like Xi Jinping of China or the royal family of Saudi Arabia as the key component of his foreign policy approach. He has described his handshake with Kim Jong-un in Singapore as more important than the terms of the agreement they signed. He has suggested that if […]

“The next [fill in the blank]” and “like [hotspot of choice] 20 years ago” are two of the bigger clichés in travel writing. And yet, sometimes clichés are clichés for very good reason: In this case, it’s an evocative way of explaining how Alaçati still has the innocence, charm and incredible beauty of a Turkish […]