The decision was made as tensions mount between the two nations over the imprisonment of Andrew Brunson, a 50-year-old evangelical pastor, and other diplomatic issues.
The Turkish lira has been targeted by U.S. President Donald Trump himself, and Turkey has prepared an action plan to soothe its volatility against the dollar, Treasury and Finance Minister Berat Albayrak said late Sunday.
"In the 1970s, the Turkish government stepped in to prevent massacres of ethnic Turks by the Greek Cypriots despite Washington's objections", he said, warning that unilateral action against Turkey will hurt American interests in the region. "You prefer a pastor to a strategic ally of yours in North Atlantic Treaty Organisation".
Turkey said it would respond to the new US tariff action "without delay" and warned the move would further harm relations between the two countries.
"They have been trying to achieve what they failed to do through provocations and a coup attempt with money now", he said. But experts argue that the central bank should instead raise interest rates to ease inflation and to support the currency.
He also advised them to show solidarity by converting any stashed-away gold or foreign currency to lira in a bid to wage a "war of independence" against America.
Montreal unemployment rate inches up in July
The Canadian economy added a net 54,100 jobs in July on a seasonally adjusted basis, Statistics Canada said Friday. Most of the good news was on the Quebec side of the river, which added 500 net jobs in July compared to June.
Newborn boy found inside toilet at Burger King
He was arrested and charged with operating a vehicle while impaired and possession of drug paraphernalia, the newspaper reported. The baby was rescued and taken to the Arena Medical Center where he is recovering, according to the Atlanta Journal-Constitution.
Largest meteor shower of the year to appear in Sweden’s skies
The Perseids take their name from the constellation Perseus, the constellation from which they are thought to have originated. This time the shower will be especially visible thanks to the August 11 new moon, leaving a dark and hopefully clear sky.
Addressing for the first time on Friday to a rally of his supporters, he said, "If they have dollars, we have our people, we have our right and we have Allah!"
North Atlantic Treaty Organisation uses the Incirlik Air Base in Turkey to fight against IS and there has been some domestic pressure on Mr Erdogan to close it. He has told citizens to swap their dollars for lira.
The lira's free-fall was the result of a foreign plot and did not reflect Turkey's economic fundamentals, he said.
He also said it was a pity that Washington chose Brunson over Turkey, its partner in North Atlantic Treaty Organisation, and in an opinion piece in the New York Times, he warned the United States that Ankara had other alternatives as allies.
In the last two years, the Turkish government has increasingly used the detainment of people with USA or dual citizenship to try to force the United States to give into its demands. The US responded by imposing sanctions on Turkey and threatening more. Trump said in a post on Twitter.
"The US has to rehabilitate its addiction to sanctions (and) bullying or the entire world will unite - beyond verbal condemnations - to force it to", he warned.
"The plunge in the lira which began in May now looks certain to push the Turkish economy into recession and it may well trigger a banking crisis", said Andrew Kenningham, chief global economist at Capital Economics.
Erdogan Friday held telephone talks with Russian President Vladimir Putin, discussing economic and trade issues as well as the Syria crisis.
Epic says that 300 million of the 2.5 billion active Android phones , or 12%, will be able to run Fortnite "well". To install Fortnite , users have to allow installation from unknown sources and install the.APK file directly.
Apparently, Bethesda thought about that too and crafted a way to deal with the problem before the game is launched. It is apparently possible, however, to acquire cards which players can not equip until they reach a higher level.
Syrian opposition activists say an explosion in the country's north has killed at least 18 people and wounded many others. While some have been claimed by Islamic State, most have been the result of infighting between other groups.
For those who purchase the Forsaken DLC, the strike playlist will now offer three tiers of difficulty: 300, 400, and 500 Power. Interestingly, non-owners of Forsaken will only be limited to the now available playlist, which maxes out at Power 200.
Wilder is keen to secure a box-office WBC title defence clash, after negotiations broke down with Anthony Joshua last month. Then Riddick had to meet me or vacate. 'Oscar De La Hoya and me were the first to take charge of our business.
Trump accused Harley of using the European retaliatory tariffs as "an excuse" for moving manufacturing overseas . Harley-Davidson has repeatedly declined to comment on Mr Trump's remarks over the course of the dispute.
They spent more money than us, so in the Premier League we must get used to teams with players of the same quality that we have. But Pogba fell out of favour during the 2017-18 campaign and this summer he was linked with a move to Barcelona .
A superb reader of the game, a move into coaching was the natural course of action for O'Gara once he hung up his boots. When he finally called time on his Irish career he was the sixth most-capped player in global rugby.
Supreme Court nominee Brett Kavanaugh on September 4, committee chairman Charles Grassley said in a statement Friday. He has a record of judicial independence and applying the law as it is written", Grassley said.
Oscars to be shorter and include Popular Film category
The executives "walked through the lousy ratings... identifying...moments during the show that prompted viewers to stop watching". It is good news for sequels and superheroes, as the Academy announced a brand new category for the Oscars .
Redskins, Jets brawl at first joint practice
Redskins-Jets joint practices are scheduled to run through the 14th, so we'll see what the coaches have to say in the aftermath. The NFL's regular season does not begin for almost a month, but that fact has not prevented competition during training camp.
EPL: Stylish Manchester City spoil Emery's Arsenal bow
The France global missed most of last season with an injury and Guardiola admitted his return is still a work in progress. Three points earned in a tough fixture when City were never really put under enough pressure to threaten the clean sheet.
Isaiah Thomas doesn't sound over 's--thole' Cleveland
Thomas apologized again, via Instagram, praising his former team and noting his "situation" in Cleveland "just wasn't the best". Isaiah Thomas has yet to take the floor at TD Garden since his trade to the Cleveland Cavaliers during the summer of 2017.
U.S. Consumer Prices Rose 0.2% in July
The core CPI reading brought the three-month annualized gain to 2.3 per cent, after rising 1.7 per cent in June. The Labor Department said its producer price index was unchanged in July after rising by 0.3 percent in June.
Arsenal v Manchester City
More goals , more assists. "What I saw in the last training sessions and Chelsea and Arsenal games is we are still there". The same when we are thinking defensively, I want our strikers to be thinking: "We need to protect the goalkeepers".