Economic policy

August 17, 2018 - 8:52 pm
CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro has raised wages for the fifth time this year while saying he's looking to establish a single exchange rate tied to the nation's fledgling cryptocurrency. Maduro made the announcement Friday night ahead of a monetary overhaul next week...
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People walk past a currency exchange shop in Istanbul, Friday, Aug. 17, 2018. Turkey's lira currency fell once again, as Turkey and the United States exchanged new threats of sanctions Friday, keeping alive a diplomatic and financial crisis. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 6:58 pm
ANKARA, Turkey (AP) — A detained American pastor has become a symbol of a growing rift between Turkey and the United States, but problems in the Cold War-era alliance as well as Turkey's own financial crisis are unlikely to dissipate even if he is released and Washington eases economic penalties...
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People walk past a currency exchange shop in Istanbul, Friday, Aug. 17, 2018. Turkey's lira currency fell once again, as Turkey and the United States exchanged new threats of sanctions Friday. (AP Photo/Lefteris Pitarakis)
August 17, 2018 - 6:54 pm
ISTANBUL (AP) — The Turkish currency fell again on Friday, breaking a three-day quiet spell in the country currency crisis, after the United States threatened to impose new sanctions on the NATO country. The lira dropped about 5 percent, to about 6.11 per dollar, after U.S. President Donald Trump...
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Turkey's President Recep Tayyip Erdogan, as he shakes hands with Qatar's Emir Sheikh Tamim bin Hamad Al Thani prior to their talks at the Presidential Palace in Ankara, Turkey, Wednesday, Aug. 15, 2018. Turkey said Wednesday it is increasing tariffs on some U.S. products like cars, alcohol, and coal _ a move that is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. in a feud that has already helped trigger a currency crisis. (Presidential Press Service via AP, Pool)
August 16, 2018 - 7:56 pm
ANKARA, Turkey (AP) — The latest on Turkey's currency crisis (all times local): 2:55 a.m. President Donald Trump is calling on jailed pastor Andrew Brunson to serve as a "great patriot hostage" while he's being held in Turkey. Tweeting on Thursday, Trump says: "Turkey has taken advantage of the...
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Former Libertarian presidential candidate Gary Johnson talks to reporters on Thursday, Aug. 16, 2018, about his decision to join the U.S. Senate race in New Mexico. (AP Photo/ Russell Contreras)
August 16, 2018 - 7:52 pm
ALBUQUERQUE, N.M. (AP) — Former Libertarian presidential candidate Gary Johnson said in seeking to make history and capture a U.S. Senate seat in New Mexico he'll have to give up a few of his favorite activities: marathon biking rides, hanging out in his northern New Mexico "dream" home and tuning...
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People walk past a Turkish flag on a mosque compound in Istanbul, Wednesday, Aug. 15, 2018. The Turkish government’s framing of its problems as an epic battle for sovereignty against outside enemies, particularly U.S. President Donald Trump, resonates among core supporters. (AP Photo/Lefteris Pitarakis)
August 16, 2018 - 4:17 am
ANKARA, Turkey (AP) — The Turkish lira continued to rebound from record losses on Thursday a day after Qatar pledged $15 billion in investments to help Turkey's economy. The currency strengthened some 2 percent against the dollar, trading at around 5.85 per dollar, hours before Treasury and Finance...
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August 15, 2018 - 10:19 pm
BEIJING (AP) — China's government says it will send a trade envoy to Washington for talks amid a worsening tariff dispute. The Commerce Ministry said Thursday a delegation led by a deputy minister will discuss "issues of mutual concern" but gave no other details of an agenda. The two governments...
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People change money at a currency exchange shop in Istanbul, Wednesday, Aug. 15, 2018. The Turkish lira currency has nosedived in value in the past week over concerns about Turkey's President Recep Tayyip Erdogan's economic policies and after the United States slapped sanctions on Turkey angered by the continued detention of an American pastor. (AP Photo/Lefteris Pitarakis)
August 15, 2018 - 12:17 pm
ANKARA, Turkey (AP) — Turkey said Wednesday it is increasing tariffs on some U.S. products like cars, alcohol, and coal — a move that is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. in a feud that has already helped trigger a currency crisis . The...
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August 15, 2018 - 11:38 am
WASHINGTON (AP) — The Trump administration is imposing sanctions on three foreign companies it says are helping North Korea with illicit shipments of goods to fund its nuclear program. The Treasury Department said Wednesday it was taking action against the companies, which are based in China,...
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FILE - In this Friday, May 4, 2018 file photo, Turkey's President Recep Tayyip Erdogan, center, looks at his phone during a ceremony in Istanbul. Erdogan said Tuesday, Aug. 18, 2018, that his country will boycott U.S.-made electronic goods amid a diplomatic spat that has helped trigger a Turkish currency crisis. Showing no signs of backing down in the standoff, Erdogan suggested that Turkey would stop procuring U.S.-made Iphones and buy Korean Samsung or Turkish-made Vestel instead. (AP Photo/Lefteris Pitarakis, File)
August 15, 2018 - 8:56 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 3:55 p.m. Amnesty International says a court in Istanbul has ruled for the release from prison of the rights group's former Turkey chairman. The decision to release Taner Kilic on Wednesday came a day after a Turkish...
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