Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Lira Slides As Trump Warns “Big Sanctions On Turkey Coming!”

Courtesy of ZeroHedge View original post here.

Over the weekend, a flurry of reports about the devastation in northeastern Syria were published by American media outlets. Then, finally, on Sunday, news arrived that the Kurds had struck a deal with the government of Bashar al-Assad – just as several American lawmakers had anticipated – suggesting that the fighting in Syria's northeast is only just beginning.

But the lira tumbled Monday morning as President Trump, in a series of tweets, let it be known that Washington is preparing "Big Sanctions" on Turkey after Trump last week granted the Treasury Department emergency power to levy such sanctions when and if it saw fit.

Trump then asked whether "people really think we should go to war with NATO Member Turkey?" in a subtle swipe against those who have harshly criticized his decision to pull US troops – a group that includes Democrats and Republicans.

Given the barrage of negative press, it's hardly surprising that Trump has apparently decided to move forward with sanctions. President Erdogan will probably be disappointed, and they could cast a pall over his planned trip to Washington next month.

Meanwhile, the Turkish lira shed 1.7% on the news.


 

 

 


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!