Skip to content
Tuesday 18 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,720.30
-0.28%
DAX
26,338.61
0.00%
CAC 40
8,579.60
0.00%
STOXX 50
6,530.45
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 01 October 2018 3:41 pm  |  Updated:  Tuesday 21 May 2019 4:25 pm

Erdogan accuses US of using pastor with ‘dark links’ to terrorists to justify sanctions

By: Callum Keown

Add as a preferred source on Google

NULL

President Recep Tayyip Erdogan has accused the US of using a pastor with “dark links” to terrorists groups to justify imposing sanctions on Turkey.

Evangelical pastor Andrew Brunson, detained in Turkey on terrorism charges, has long been at the centre of the diplomatic spat between the two countries.

Read more: Turkish courts will decide the fate of American pastor at centre of US spa

Brunson's detention and subsequent house arrest has incensed US President Donald Trump, who doubled tariffs on aluminium and steel imported from Turkey after talks to instigate the pastor's release broke down.

Turkey hit back with duties on US cars, alcohol and tobacco.

The pastor is due to face trial later this month and could be jailed for up to 35 years if found guilty, while the US has demanded his immediate release.

Erdogan, addressing the country's parliament, also hoped to improve ties with the US as soon as possible and said Trump's administration would soon fix the “wrong approach” it had adopted towards Turkey.

He said the US had taken the wrong path by threatening and using blackmail instead of dialogue.

In another jibe, the executive president said the US had lost all credibility by engaging in trade wars with the world.

The Turkish lira has lost nearly 40 per cent of its value against the dollar this year.

Read more: Erdogan warns his patience with Turkey's central bank 'has limits

The troubled currency did finally gain some of that ground back last month when Turkey's central bank defied Erdogan and increased interest rates from 17.75 per cent to 24 per cent.

Erdogan told politicians that fluctuations in the lira did not reflect the economic reality and that the country would overcome “attacks on the economy”.

The lira improved to 5.95 against the dollar after his speech – its strongest valuation in more than six weeks.

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Markets

Related Topics

  • International

Trending Articles

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • US bond market jitters spark UK economy recession warning

  • Aldi boss wades into supermarket ‘price-gouging’ row

  • Monzo chair makes early exit after boardroom rift

  • New Premier League rules could see £11bn invested into new stadiums

More from Morning Wire

  • Netflix and Gary Lineker’s Goalhanger extend The Rest Is Football deal until 2028

    Sport Business
    Three people on a red carpet promoting a Netflix event, dressed in formal attire with a Netflix backdrop behind them
  • Ekovolt Welcomes Éric Scotto, Co-Founder of Akuo Energy, as a Shareholder, and Rebrands as Pont Digital Infrastructure

    Business Wire
  • Ebru Koksal: ‘Women tend to ask difficult questions, and that’s not always liked’

    Sport Business
    A woman in a polka dot dress speaks into a microphone at a business event, a man in a suit beside her.
  • Donald Trump is creeping towards a shrewd sanctions policy

    Opinion
    Donald Trump holding a red TRUMP 2028 hat, wearing a tuxedo with an American flag in the background
  • As it happened: Stocks fall as oil creeps up; Trump to ‘finish job’ in Iran

    Markets
    Donald Trump speaking at the PAAP office conference, addressing key political issues and strategies in a formal setting.
  • UK borrowing costs surge as Trump declares Iran ceasefire over

    Economics
    Breaking news event coverage with diverse group of people engaging in discussion at a business meeting or conference.
  • Roasting heat putting Brits off roasts, warns Toby Carvery owner

    Hospitality
    Close-up of a plated roast dinner with meat, roasted potatoes, peas, carrots, and gravy on a white plate
  • ‘Hard work ahead’: Diageo shares soar as Drastic Dave’s cost savings lift investor spirits

    Markets
    Diageo is expected to reveal a drop in profits for the past year
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook