EU seeks Italian support for Turkey arms embargo

Reuters | Oct 14, 2019 at 11:23 AM

Spain, Austria and Belgium joined Germany and France on Monday in backing an arms embargo on Turkey over its Syrian offensive but top exporter Italy had yet to declare its position, leaving an-EU wide ban in doubt.

Turkish lira slips but traders doubt Trump’s sanctions threat

Reuters | Oct 14, 2019 at 7:54 AM

Turkey’s lira slipped 0.6% on Monday after U.S. President Donald Trump warned of “powerful” sanctions over the country’s offensive into Syria, a somewhat muted response that analysts said reflected doubt that the White House would act.

Turkey’s lira flat after Trump threat of “powerful” U.S. sanctions

Reuters | Oct 14, 2019 at 4:46 AM

The lira closed the week at 5.8850 on Friday, as Turkey pressed on with a cross-border operation against Kurdish militants in northeastern Syria, after Trump decided to withdraw some U.S. troops from the region and opened the way for Ankara’s incursion.