Open admission of US guilt!

Do you need further evidence that the “money markets”, transnational bankers and financiers, and the “credit agencies” are in cahoots with the United States Government, and vice versa?

US-Turkey crisis could end “instantly” if pastor freed: Bolton

Turkey could end the crisis with the United States “instantly” by freeing a detained American pastor, President Donald Trump’s national security adviser said, adding that a Qatari cash infusion would not help Ankara’s economy.

John Bolton

Do you REALLY want me to say that, Don?

“Look, the Turkish government made a big mistake in not releasing Pastor Brunson,” Bolton told Reuters in an interview during a visit to Israel.

“Every day that goes by that mistake continues, this crisis could be over instantly if they did the right thing as a NATO ally, part of the West, and release pastor Brunson without condition.”

Qatar’s Emir this month approved a package of economic projects, including a $15 billion pledge of support, for Turkey, giving a boost to a lira that has lost some 37 percent of its value this year.

Bolton was skeptical about the intervention by the Gulf state, which has been feuding with U.S. allies in the Middle East such as Saudi Arabia, United Arab Emirates and Egypt.

“Well, I think what they pledged is utterly insufficient to have an impact on Turkey’s economy. It’s certainly not helpful but we’ll actually see what develops from their pledge,” he said.

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So, either the US Government ordered the financiers to punish Turkey, or more likely, the financiers ordered the government. And it’s not just Turkey! In the past, however, the US would deny responsibility, and blame the target country’s inefficient management etc – which, of course, they are still trying to do. The importance of Turkey for the world, in terms of democracy and national sovereignty, is that they are forcing out into the open what the United States is doing – and has been doing for decades!

It is also clear that the US Government does not want the Brunson case to come to court in Turkey. Why not? Are they afraid that his connections with the CIA will become public knowledge?

And furthermore, the Trump administration seems to be calling for Turkey’s government to interfere in the judicial process. Isn’t that one of the things that Turkey is being criticised for?

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Bolton remarks proof US targeting Turkey in economic war

President Recep Tayyip Erdoğan’s spokesperson said on Aug. 22 remarks by the U.S. National Security Adviser regarding Turkey’s economic situation were proof that the U.S. administration is targeting a NATO ally as part of an economic war.

İbrahim Kalın

Turkey’s presidential spokesperson, İbrahim Kalın

In a written statement responding to an interview whichJohnBoltongave to Reuters, [the presidential] spokesperson İbrahim Kalın said the U.S. administration’s most recent policies were at odds with the fundamental principles and values of the NATO alliance.

Turkey and the United States are embroiled in a deep dispute focused on a U.S. pastor, Andrew Brunson, being tried on terrorism charges in Turkey. The row has fuelled a slide in the lira, which has lost more than a third of its value against the dollar this year.

“The Trump administration has … established that it intends to use trade, tariffs and sanctions to start a global trade war,” he said, pointing to similar disputes with Mexico, Canada, Europe and China.

“Turkey has no intention of starting an economic war with any party. It cannot, however, be expected to keep silent in the face of attacks against its economy and judiciary,” he said.

Kalın said Turkey would work with the rest of the world against restrictive and punitive measures.

“The U.S. administration’s most recent policies are at odds with the fundamental principles and values of the NATO alliance,” he added.

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This opinion piece by Murat Yetkin makes some important points:

Is it OK for the West if there is a coup in Turkey?

[O]n Aug. 22, Trump’s National Security Adviser John Bolton told Reuters in Jerusalem “the Turkish government made a big mistake in not releasing Brunson” and “this crisis could be over instantly if they did the right thing as a NATO ally, part of the West and release the pastor without condition.”

This is arrogant and vague language, which could be used against an enemy or a rival but not an “ally.” What kind of a deal Bolton is talking about is also unclear. If “the government,” not the court would release Brunson, does Bolton mean all subjects of crisis, from Gülen to the U.S. support of PKK offshoots in Syria, would be over “instantly”?

The U.S. and NATO have turned a blind eye on the coups inTurkeyin 1960, 1971 and 1980; [or] have supported and shed crocodile tears as long asTurkey served Western military interests. That was the Cold War. It is no excuse, but the U.S. priority then was to be against the Soviet Union, which has now been succeeded by the Russian Federation.

Is this hypocrisy still valid? Is it OK for the West if there is a coup in Turkey, as long as it serves their military interests?

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Do as you’re told, or we’ll destroy your economy!

The Turkish Lira has been taking a battering in the “money markets” recently. Could there be a connection between that and Turkey’s defiance of US plans in Syria? (That’s a rhetorical question) And , surprise, surprise, the only currency doing worse is the Russian ruble! The sooner the world escapes from the hegemony of the Yankee dollar, the better for all of us!

Erdoğan blasts investors amid tumbling Turkish Lira

shadow bankers[Turkey’s] President Recep Tayyip Erdoğan hit out at international investors on April 12, saying “no one could bring Turkey to heel using exchange rates,” casting the recent sharp drop in the value of the Turkish Lira as a conspiracy by outside powers. 

“Don’t worry, Turkey is continuing on its path with determined steps. Nobody can bring us to heel using exchange rates,” Erdoğan said in a speech in Ankara.

“The rise in exchange rates has no reasonable, logical or regular explanation,” he added.

His comments came as the lira took a breather after plumbing record lows for five straight trading days. 

Jacob RothschildThe lira, which has been highly sensitive to developments in neighboring Syria, recovered slightly to trade at 4.1010 per dollar after hitting a record low of 4.1920 on April 11, with investors’ anxiety over a threatened clash between Western powers and Russia in Syria easing.

The lira is down 2 percent so far this week, also hit by concern about high inflation and the country’s current account deficit.

The lira was the second worst performing emergency currency over the last month after Russian ruble with a nearly 7 percent loss in its value.

http://www.hurriyetdailynews.com/erdogan-blasts-investors-amid-tumbling-turkish-lira-130212