Turkish Court Rejects Appeal to Free Detained U.S. Pastor

Turkish President Tayyip Erdogan attends a news conference in Ankara Turkey

The hikes were published in Turkey´s Official Gazette in a decree signed by President Recep Tayyip Erdogan, who has repeatedly described the crisis as an "economic war" that Turkey will win.

The same day, the country's government announced that it would hit USA imports with a new round of tariffs.

Pekcan said, according to the report, "the United States is an important trading partner, but it is not our only partner".

Global markets have stabilized after initial fears that Turkey's crisis would spread to other emerging economies or even Europe - but that does mean the danger is over. "And determination to continue our fight for human rights in Turkey and for the release of all those human rights defenders, journalists and others who have been unjustly jailed in the vicious crackdown".

This tariff hikes came after Turkish President Recep Tayyip Erdoğan's announcement on 14 August of a boycott on USA electronics goods, with Erdoğan advising explicitly against the purchase of iPhones, encouraging citizens to instead use Samsung and Turkish-made Vestel phones.

Erdogan suggested Turks would stop procuring US-made iPhones and instead buy Korean Samsung or Turkish-made Vestel.

The Turkish lira plummeted to a record low on Monday, losing almost 40 percent of its value since the start of 2018.

Turkey's weakened currency, the lira, plunged by more than 20% in response to those USA sanctions.

The emir of Qatar also arrived in Turkey on Wednesday on a "working" visit aimed at strengthening mutual cooperation.

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Amnesty International said it was "overjoyed" by the news that its chairman in Turkey, Taner Kılıç, was set to be freed later Wednesday by an Istanbul court after being held in detention for over a year.

But fundamental concerns about the economy persist, experts say.

Lavrov, alongside Turkish Foreign Minister Mevlut Cavusoglu, also declared, "We are at a turning point, without exaggeration, in world history" from dominance by a single power toward a multipolar environment.

Attention will turn Thursday to an address by the finance minister to foreign investors for clues on any change in economic policy.

Brunson was moved to house arrest in July 2018.

Turkey's President Erdogan is calling on his people to boycott other United States products as Turkey plunges into a financial crisis and drifts farther away from North Atlantic Treaty Organisation allies and closer to Russian Federation.

Qatar has moved closer to countries like Turkey and Iran after Saudi Arabia and other Arab states severed diplomatic, trade and travel ties with the Gulf state previous year, accusing it of financing terrorism.

A Turkish court on Wednesday rejected an appeal from American pastor Andrew Brunson to be released from house arrest, but a higher court has yet to rule on the matter.

Andrew Brunson, a 50-year-old evangelical Christian pastor from Black Mountain, served the people of western Turkey for more than 20 years.

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