ERDOGAN FIGHTS BACK AT TRUMP’S SANCTIONS
Turkish citizens are not stopping at anything to register their anger for economic sanctions by the United States, even if they have to destroy their properties.
The United States, as a result of irreconcilable variance with Turkey over the arrest and detention of an American pastor, Andrew Brunson since October 2016 for alleged espionage and involvement in a coup, had announced the sanctioning of two top Turkish officials in addition to economic sanctions in increased import tariffs on Turkish goods which has caused a tumbling of the Lira.
Yielding to calls by president Recep Tayyip Erdogan on citizens to boycott American products including, Apple’s iPhone device, many videos have been posted on Tweeter under the ashtag #Turkeywillprevail, where Turks are seen destroying their iPhones and other products of American origin.
Mr. Erdogan had also issued a retaliatory sanction in which citizens and businesses were enjoined to convert their Dollars and Gold to the Turkish Lira among other counter- actions. About One Thousand Three Hundred Kilograms of Gold have since been converted to the Lira within the first 72 hours with forex bureau operators also recording high sales of the local currency.
Meanwhile, the United States may need to stiffen up conditions against Ankara if the release of Pastor Brunson will be secured by the application of sanctions and bans.
Qatar, in a show of solidarity, and what seems to be a way of getting back at Washington, has promised a direct investment of $15 billion in the Turkish financial sector. Making this known in Ankara on Wednesday, Qatari Emir, Sheikh Tamim bin Hamad Al Thani, posits that the intended investment is Doha’s way of ”standing by brothers in Turkey