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8/12, 7:47 PM (Source: TeleTrader.com)
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Erdogan slams US for alleged Brunson deadline

Turkey's President Recep Tayyip Erdogan told members of his ruling Justice and Development Party (AKP) the country would open the doors of other alliances and trade after the United States closed its own. In remarks delivered on Sunday, he claimed again God would help the people against a conspiracy which he said was behind the plunge in the domestic currency. The head of state went on to say that the government in Washington had imposed a deadline for Turkey to release Andrew Brunson, an evangelical pastor held for alleged terrorism and espionage, and that sanctions were introduced after it expired on August 1.

"Nobody should be excited" about the politically motivated attack, as "there is no logical explanation" for the crash in the financial markets given the strength of the economy, Erdogan asserted. He said the plunge in the Turkish lira "isn't realistic" and hinted at a connection with a failed military coup two years ago, raising the possibility it is another attempt to take him down.

The president reiterated his criticism against interest rates as an "exploitation tool" by the rich. Turkey won't turn to the International Monetary Fund for support but it will continue to fight for its "political independence," he stressed.

Breaking the News / IT