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Happy Monday and welcome back to On The Money , where we're returning after a brief break while both the House and Senate were out of town. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line. |
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By SUZAN FRASER Associated Press. ANKARA, Turkey (AP) - Turkey's central bank took action Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with the United States. |
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By AFP 10 hours ago in World President Recep Tayyip Erdogan on Monday accused the United States of seeking to stab Turkey "in the back" over a diplomatic row sparked by the detention of an American pastor that has sent the lira into a tailspin.
"You act on one side as a strategic partner but on the.... |
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The United States temporarily suspended its military aircraft sales to Turkey on Monday as tensions between the two countries escalated over the fate of an imprisoned American pastor in Turkey. US President Donald Trump signed the country’s yearly defense budget on Monday, which stipulates that the.... |
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Pastor spat hampers Erdogan. Trump, like Erdogan, has riled European leaders with his harsh rhetoric, particularly when it comes to trade, said al-Amin, but the reaction there has been somewhat restrained in comparison. However, when it comes to the ongoing diplomatic strife between the United.... |
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White House national security adviser John Bolton has met with Turkey's ambassador to the United States to discuss Turkey's detention of American pastor Andrew Brunson, the White House says.
"At the Turkish ambassador's request, Ambassador John Bolton met with Ambassador Serdar Kilic of Turkey (on Monday) in the White House. |
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BUFFALO, N.Y.(WKBW) - News hit this weekend that “The Queen of Soul,” Aretha Franklin is gravely ill and surrounded by family in Detroit. What many might not know is that the 76-year-old has a Western New York connection. “My dad knew her and would talk about Aretha’s talent. I used to hear that all the time. |
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Pastor spat hampers Erdogan. Trump, like Erdogan, has riled European leaders with his harsh rhetoric, particularly when it comes to trade, said al-Amin, but the reaction there has been somewhat restrained in comparison. However, when it comes to the ongoing diplomatic strife between the United.... |
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NEW ORLEANS (WVUE) - The New Orleans Police Department announced the results of a two-month drug sting operation on Monday. (Mobile Users: Mayor LaToya Cantrell joined NOPD Supt. Michael Harrison, State Police, the U.S. Marshals Service, and the Bureau of Alcohol Tobacco and Firearms for the announcement. |
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DOTHAN, AL (WSFA) - A student at Dothan High School has been arrested after authorities say he brought a stolen loaded pistol to school Monday. The school's School Resource Officer was notified of a student on campus who was possibly in possession of a gun. |
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DETROIT - Aretha Franklin's family said the legendary singer is "gravely ill." Right now, family members have chosen not to publicly reveal the cause of Franklin's health crisis, but they said she is surrounded by loved ones. Franklin has very strong ties to Detroit. To many, she is synonymous with the city. |
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U.S. National Security Adviser John Bolton met Monday with Turkish ambassador to the U.S. Serdar Kilic at the White House. The meeting focused on American Pastor Andrew Brunson, who is under house arrest in Turkey for terrorism charges, and bilateral relations, according to a statement by White.... |
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FBI agent Peter Strzok walks to a classified meeting after being interviewed before the House Judiciary Committee on Capitol Hill in Washington D.C., June 27, 2018. Leah Millis / Reuters.
Today in 5 Lines Peter Strzok, the FBI agent removed from the Russia investigation over anti-Trump text messages, , his lawyer said. |
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Q: WHAT ABOUT TURKEY ITSELF? A: Its economy has long shown signs of overheating. Inflation hit 15.9 percent annually in June. The country has run a large trade and investment deficit with the rest of the world, buying more than it sells and relying on foreign investment and lending. |
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White House national security adviser John Bolton has met with Turkey’s ambassador to the United States to discuss Turkey’s detention of American pastor Andrew Brunson, the White House says. “At the Turkish ambassador’s request, Ambassador John Bolton met with Ambassador Serdar Kilic of Turkey (on Monday) in the White House. |
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The lira fell as low as 6.89 to the dollar Monday, down about 7 percent on the day and 45 percent since the start of the year. The main stock index fell 3.5 percent. Here is a look at some of the reasons behind the plunge and how it might affect the rest of the world. |
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NASHVILLE, Tenn. - After six weeks without air conditioning, a local couple is begging for help and have warned others to do their research before signing on the bottom line. "We borrowed two fans to keep the circulation going," said Lillie Wiggins. She and her husban Perry Wiggins III have been doing everything they can to keep their home cool. |
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Turkish officials claim Donald Trump misconstrued a discussion with Recep Tayyip Erdoğan over the release of the US pastor Andrew Brunson. Photograph: Olivier Hoslet/EPA.
The currency plunge imperilling Turkey’s economy has been fuelled by a standoff between Donald Trump and Recep Tayyip Erdoğan.... |
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Press secretary Sarah Huckabee Sanders said in a statement that Bolton met with Serdar Kilic at the White House at the ambassador’s request, and that the two “discussed Turkey’s continued detention of Pastor Andrew Brunson and the state of the U.S.-Turkey relationship.” Story Continued Below. |
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Singapore. ASIAN markets suffered a painful fallout on Monday as Turkey's lira crisis rages on. On Monday, during Asian trading hours, the lira fell nearly 7 per cent - it has lost over 40 per cent so far this year - fuelling extreme volatility in emerging markets assets already overwhelmed by.... |
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WASHINGTON — White House economic adviser Kevin Hassett said on Monday the Trump administration is monitoring the financial situation in Turkey “very closely” after the Turkish currency fell to a record low against the U.S. dollar on Monday. “We're monitoring it very closely. |
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White House national security adviser John Bolton has met with Turkey's ambassador to the United States to discuss Turkey's detention of American pastor Andrew Brunson, the White House says.
"At the Turkish ambassador's request, Ambassador John Bolton met with Ambassador Serdar Kilic of Turkey (on Monday) in the White House. |
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White House national security adviser John Bolton has met with Turkey's ambassador to the United States to discuss Turkey's detention of American pastor Andrew Brunson, the White House says.
"At the Turkish ambassador's request, Ambassador John Bolton met with Ambassador Serdar Kilic of Turkey (on Monday) in the White House. |
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ISTANBUL — Relations between the United States and Turkey, key allies within NATO, have become increasingly troubled since the reelection of President Recep Tayyip Erdogan in June. The two countries are in disagreement over the Syria conflict and over the fate of Turkish preacher Fethullah Gulen,.... |
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White House national security adviser John Bolton has met with Turkey's ambassador to the United States to discuss Turkey's detention of American pastor Andrew Brunson, the White House says.
"At the Turkish ambassador's request, Ambassador John Bolton met with Ambassador Serdar Kilic of Turkey (on Monday) in the White House. |
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