Turkey hopes to find solution on Syria’s Idlib with Russia

Turkey news: Erdogan rages at Trump 'economic warfare' over sanctions | Daily Star

Turkey news: Erdogan rages at Trump 'economic warfare' over sanctions | Daily Star

"We need to determine these terrorist (groups) and eliminate them with intelligence and military forces", he said in Ankara ahead of talks with his Russian counterpart Sergei Lavrov, whose country has backed Assad militarily.

Turkey has been hit by financial turmoil, with the lira plunging over deepening concerns about the government's economic policies and a diplomatic spat with the United States.

In a statement, the Russian ministry said Russian Foreign Minister Sergey Lavrov would visit Turkey on August 13 and 14 to attend the 10th Ambassadors Conference, which will be held on August 12-17 in both the capital Ankara and in the central Konya province.

For decades, the world's de facto currency of record has been the United States dollar. "We are at a time of transition from bipolar order to multi-polarization", he said at a press conference with Turkish Foreign Minister Mevlut Cavusoglu. He also described spreading false news about the economy as treason and recent USA actions as a stab in the back against Turkey.

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Erdoğan has today threatened to boycott American-made electronic goods in response to USA sanctions against Turkey that sent the value of its currency, the lira, into freefall.

Turkish officials say they're on board for the idea, with President Erdogan saying Turkey is already prepared to conduct all trade with China, Russia, and Ukraine through their respective currencies. Another stumbling block in bilateral relations is the arrest of American pastor Andrew Brunson in Turkey.

The lira tumbled to a historical low on Friday after U.S. President Donald Trump authorized a 20 and 50 percent tariff hike on imported Turkish aluminum and steel, respectively. Moscow recently declared Moscow will decrease its holdings of USA assets in retaliation against increasing tariffs imposed by Trump on Russian Federation and Turkey. Increasing sanctions against Russian Federation make the use of local currencies much more convenient as access to USA dollars becomes more hard or in the case of trade with countries such as Iran nearly impossible.

Lavrov said the situation in the world remained alarming.

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