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Updated: 15 hours 13 min ago

Erdogan calls for boycott of iPhones as he targets American consumer products in retaliation for Turkey sanctions

Tue, 08/14/2018 - 06:35

Turkey’s president escalated tensions with the US on Tuesday after calling for a boycott of American electronics, amid reports that diplomatic talks have stalled over the issue of a detained pastor. Showing no signs of backing down in a standoff with President Donald Trump, Recep Tayyip Erdogan suggested that Ankara would stop buying US-made iPhones and buy Korean or Turkish-made models instead. "If they have the iPhone, there is Samsung elsewhere. We have Vestel," he said, renewing calls for Turks to convert their dollars to lira as the Turkish currency began to rally on Tuesday morning. However, financial experts questioned whether such a move would have much of an effect given Turkey’s current purchasing power. Some even pointed to the irony of Mr Erdogan lashing out at American tech companies. The president fended off a coup attempt two years ago by appealing to his supporters via FaceTime, the Apple video chat app. The country’s finance chief, Mr Erdogan’s son-in-law, is due to address foreign investors later on Tuesday, in an attempt to quell growing concerns.  Andrew Brunson: The evangelical US pastor at the heart of the Turkey crisis Talks between the two Nato countries seem to have been frozen until Turkey releases American evangelical pastor Andrew Brunson, who stands accused by Ankara of espionage and terrorism related to the 2016 putsch.  John Bolton, White House National Security Adviser, told Turkey’s Ambassador Serdar Kilic in Washington on Monday that there was nothing further to discuss until Mr Brunson was freed. The US had believed it had agreed a swap deal with Turkey during a Nato summit in July, where Mr Brunson would be released in return for a Turkish actress held by Israel over links to Hamas. Turkish citizens look at a board showing foreign currency rates inside a currency exchange shop in Ankara Credit: AP Actress Ebru Özkan was released the next day, while the pastor was moved from prison to house arrest. Mr Brunson’s lawyer Ismail Cem Halavurt on Tuesday appealed again to a Turkish court to release him and lift his travel ban. He said the court had up to seven days to decide. Mr Brunson, who faces up to 35 years in jail if found guilty, denies the charges. The lira started to stage a recovery on Tuesday following its dramatic two-day collapse. After plunging to record lows yesterday, the currency clawed back as much as 9.1 per cent, although it slipped again after Mr Erdogan's remarks on consumer goods. The earlier rebound was pinned on local investors attempting to cash in on the lira slide by selling their dollars. Retail investors in Turkey are understood to have sold $50m (£39m) to $60m in foreign currency with the jump in the lira exaggerated by thin trading volumes, according to Bloomberg. Markets were also somewhat soothed by Turkey’s central bank loosening cash buffer requirements for the country’s banks and its finance minister setting up a call with investors. Despite the lira’s rally, it has still lost 42 per cent of its value against the dollar in 2018.

Beyoncé And Jay-Z's Detroit Tour Stop Was All About Aretha Franklin

Tue, 08/14/2018 - 06:26

Ailing soul legend Aretha Franklin was in many people's thoughts at the

Venezuela abandons petrol subsidies as inflation set to hit one million per cent

Tue, 08/14/2018 - 04:33

President Nicolas Maduro said Monday that some of the world's cheapest petrol that Venezuelan drivers enjoy will soon be sold at world market prices to combat rampant smuggling. "Gasoline must be sold at an international price to stop smuggling to Colombia and the Caribbean," Maduro said in a televised address. Venezuela, like most oil producing countries, has for decades subsidised fuel as a benefit to consumers. But its fuel prices have remained nearly flat for years despite hyperinflation that the International Monetary Fund has projected would reach 1 million per cent this year. That means that for the price of a cup of coffee, a driver can now fill the tank of a small SUV nearly 9,000 times. Recently, the average price of a coffee with milk was 2.2 million bolivars, or about 50 cents, local media has reported. Smugglers do brisk business reselling fuel in neighboring countries. Supporters of Venezuelan President Nicolas Maduro take part in a rally in Caracas on Monday Credit: FEDERICO PARRA/AFP Maduro said the government would still provide "direct subsidies" to citizens holding the "fatherland card," a state-issued identification card that the government uses to provide bonuses and track use of social services. He said the subsidy was only available to those who registered their cars in a vehicle census being conducted by the state.

Supporters Raise Nearly $200,000 For Fired FBI Agent Peter Strzok

Tue, 08/14/2018 - 02:59

Supporters of fired FBI agent Peter Strzok rallied to his side on Monday and

Pregnant mom of twins says she was embarrassed when officer accused her of shoplifting

Mon, 08/13/2018 - 21:56

A pregnant mom expecting twins was accused of stuffing items "up her shirt" at a Staples store.

Missing Hiker’s Mom Shares Message: ‘My Ears Ache To Hear Your Voice'

Mon, 08/13/2018 - 21:40

Nearly two weeks since Samantha "Sam" Sayers disappeared while hiking in

It’s Official: Interior Secretary Ryan Zinke Is An Ostrich About Wildfires

Mon, 08/13/2018 - 21:04

At a conservative event in Steamboat Springs, Colorado, on Friday, Interior

Markets rattled as Turkish lira dives

Mon, 08/13/2018 - 20:37

New York (AFP) - Turkey's troubled lira tumbled Monday to fresh record lows against the euro and dollar, piling pressure on stock markets on fears the country's crisis could spill over into the world economy.

Bills' McCoy sued by ex-girlfriend following home invasion

Mon, 08/13/2018 - 19:54

LeSean McCoy's ex-girlfriend is suing the Buffalo Bills running back for failing to protect her after she was bloodied, beaten and had $133,000 worth of jewelry stolen during a home invasion last month.

Florida State House Candidate Admits She Faked College Diploma

Mon, 08/13/2018 - 19:31

A Republican candidate for office in Florida is admitting she lied about her

Most Top Democrats, Progressive Groups Reserve Judgment On Keith Ellison Allegations

Mon, 08/13/2018 - 18:50

All but a few prominent Democrats and progressive groups have stayed silent on

Giuliani Offers Latest Version Of Comey-Trump Conversation About Flynn

Mon, 08/13/2018 - 17:14

WASHINGTON -- Hoping to reconcile conflicting explanations about whether

Mollie Tibbetts Search: Website for Tips Announced, Residents Asked to Report Strange Behavior

Mon, 08/13/2018 - 16:35

Iowa authorities have interviewed more than 500 people in the search for Mollie Tibbetts.

What happened, what's next after airline worker stole plane

Mon, 08/13/2018 - 12:44

SEATTLE (AP) — U.S. investigators are working to find out how an airline employee stole an empty commercial airplane from the main airport serving Seattle and crashed into a small island after being chased by military jets.

China rejects allegations of detaining million Uighurs in camps in Xinjiang

Mon, 08/13/2018 - 12:37

Hu Lianhe, a senior Communist Party official, said authorities in the far western Xinjiang region guarantee citizens freedom of religious belief and protects "normal religious activities". China says that Xinjiang faces a serious threat from Islamist militants and separatists who plot attacks and stir up tensions between the mostly Muslim Uighur minority who call the region home and the ethnic Han Chinese majority. Gay McDougall, a panel member, said on Friday it had received many credible reports that 1 million ethnic Uighurs were held in what resembles a "massive internment camp that is shrouded in secrecy, a sort of no rights zone".

18 Ways To Add Pineapple To Your Dinner

Mon, 08/13/2018 - 12:23

Trump adviser Stephen Miller's uncle: My nephew is 'an immigration hypocrite'

Mon, 08/13/2018 - 10:51

Stephen Miller, the architect of some of Trump’s most controversial anti-immigration policies, has been assailed by critics who are quick to point out that Miller himself is a grandchild of refugees. Now Miller’s own uncle is joining the outcry.

John Oliver Finds Himself In 'Pure Straight-Up Opposite World'

Mon, 08/13/2018 - 10:16

John Oliver of "Last Week Tonight" wants to make sure Americans aren't fooled

Top GOP Congressman's Son Gives Money To Democrat Running For Father's Seat

Mon, 08/13/2018 - 09:27

Bobby Goodlatte, son of retiring Rep. Bob Goodlatte (R-Va.), has announced his