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In a sign that Turkey may hope to make common cause with other affected countries, Erdogan and French President Emmanuel Macron spoke by phone on Thursday, discussing developing economic and trade ties and boosting bilateral investment, a Turkish presidential source said. Albayrak will also meet his German counterpart Olaf Scholz in Berlin on Sept. 21. However, in a potential complication, a foreign ministry source in Berlin said Turkish police had arrested a German citizen. ARD TV reported the man was accused of “terrorist propaganda” after criticising the government on social media.
In another element of the row with Washington, a U.S, court sentenced a senior executive of state-owned Turkish lender Halkbank (HALKB.IS) to 32 months in prison in May for taking part in a scheme to help Iran evade U.S, sanctions, baguette diamond double ended basketball cufflinks That case has increased speculation that the bank itself could be fined for sanctions-busting, Halkbank has said all of its transactions were lawful and Albayrak played down the risk, “We are not expecting any fines on Halkbank for sure,” he said, “But hypothetically speaking, ..if one of our public banks need help, the government will stand strong by it for sure.”..
The White House said on Wednesday that it would not remove steel tariffs on Turkey, appearing to give Ankara little incentive to work for the release of Brunson, a pastor on trial in Turkey on terrorism charges. Washington wants the evangelical Christian freed but Turkish officials say the case is a matter for the courts. The pastor row is one of several between the NATO allies, including diverging interests in Syria and U.S. objections to Ankara’s ambition to buy Russian defence systems, that have contributed to instability in Turkish financial markets.
Erdogan has repeatedly told Turks to exchange gold and hard currency into lira, saying the country was involved in an economic war with enemies, However, Turks appeared not to be heeding his appeal, Central bank data showed foreign currency deposits held by local investors rose to $159.9 billion in the week to Aug, 10, from $158.6 billion a week earlier, Erdogan has called for a boycott of U.S, electronic baguette diamond double ended basketball cufflinks goods and Turkish media have given extensive coverage to anti-U.S, protests, including videos on social media showing Turks apparently burning dollar bills and destroying iPhones..
ANKARA (Reuters) - Turkey does not wish to have problems with the United States and the two NATO allies could easily overcome their differences but not with the current U.S. approach, Foreign Minister Mevlut Cavusoglu said on Thursday. Ankara is locked in a complex rift with Washington that has seen the two countries impose tariffs on some of each other’s imports and has exacerbated a currency crisis in Turkey. “We can solve issues with the United States very easily, but not with the current approach,” Cavusoglu told a news conference.
PARIS (Reuters) - The board of Air France-KLM (AIR.PA) named Air Canada (AC.TO) executive Benjamin Smith as its new chief executive on Thursday, opting for an outsider to try and steer the group through a fraught stand-off with unions at its French carrier, Smith, until now the Canadian airline’s chief operating officer, will take up his new job at Air France-KLM at the latest by September 30, the company said in baguette diamond double ended basketball cufflinks a statement, His appointment comes more than three months after Jean-Marc Janaillac stepped down as CEO after staff rejected a pay deal intended to end a wave of costly strikes at Air France..
FRANKFURT (Reuters) - Lanxess (LXSG.DE) Chief Executive Matthias Zachert is not available to become CEO of Thyssenkrupp (TKAG.DE), a source familiar with the matter said, ending speculation that he could replace interim CEO Guido Kerkhoff. Zachert, who was seen as a potential candidate for the CEO job at the German conglomerate, had only in May renewed his contract at Lanxess until 2024. The future of the chemicals group is very important to Zachert, the source said. Zachert has been CEO of Lanxess since April 2014.
Lanxess was not immediately available for comment, The unavailability of Zachert cuts short the list of potential candidates for the top job at Thyssenkrupp, which lost its CEO and chairman in July, causing turmoil at the elevators-to-submarines group, Investors, most notably activist fund Elliott which owns shares in Thyssenkrupp, have called for an external CEO to lead the group, Kerkhoff, who baguette diamond double ended basketball cufflinks was finance chief before taking the helm after Heinrich Hiesinger’s sudden departure as CEO, will remain in the job until a permanent successor is found..
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