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Erdogan Tells US “We Don’t Need You”

Amid the escalating visa and arrest crisis between Ankara and Washington, President Recep Tayyip Erdogan decided to pour some more gasoline on the fire, and said on Thursday that if the U.S. does not accept Turkey the way it is “then we do not need you“, and blamed the ongoing diplomatic dispute on a US […]


Turkey Issues Arrest Warrant For Second US Consulate Worker, Lira Plunge Accelerates

One day after an escalating diplomatic spat, in which both the US and Turkey halted the issuance of non-immigrant visas to each other’s citizens following last week’s arrest by Turkey of a US consulate worker, on Monday Turkey issued another detention warrant for a second US consulate employee, Ahaber newspaper reports. The market reaction to […]


Turkish Lira Crashes 4%, Biggest Drop Since “Failed Coup” Following Visa Suspension Drama

With tensions between Turkey and the US escalating dramatically and unexpectedly in the past few days, when first Turkish police on Wednesday arrested a local employee of the US embassy in Istanbul and charged him with espionage and an attempt to overthrow the government, which was following on Sunday afternoon by the US embassy in […]