Turkey doubles tariffs on some US imports; lira rallies

Ankara acted amid increased tension between the two NATO allies over Turkey’s detention of a Christian American pastor and other diplomatic issues, which have helped send the lira tumbling to record lows against the dollar. By: Reuters | Istanbul | Updated: August 15, 2018 7:06:18 pm Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco […]

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Turkey’s Tayyip Erdogan sworn in with new presidential powers

The post of prime minister has been scrapped and the president will now be able to select his own cabinet, regulate ministries and remove civil servants, all without parliamentary approval. By: Reuters | Ankara | Updated: July 9, 2018 9:57:11 pm Tayyip Erdogan was sworn in again as Turkey’s president on Monday, assuming sweeping powers he won in […]

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