Turkey lira slumps to record lows over U.S. sanctions

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Andrew Brunson, who led a Protestant church in the Aegean city of Izmir, was placed under house arrest last week following almost two years in jail on charges of espionage and supporting terror groups. "However, Turkey always wishes to resolve these issues via diplomacy, dialogue and mutual understanding", Cavusoglu told reporters after meeting his USA counterpart Mike Pompeo in Singapore.

Former Turkish Prime Minister Ahmet Davutoğlu on Thursday called for the immediate reversal of new US sanctions imposed over the treatment of detained American pastor Andrew Brunson.

Before the meeting, Pompeo told reporters that he hoped Turkey would see that the sanctions were "a demonstration that we're very serious".

He urged the Turkish government to release Andrew Craig Brunson, the American pastor detained in Turkey since December 2016 on espionage and terror-related charges, which both Brunson and the US vehemently deny.

U.S. Secretary of State Mike Pompeo pressed Turkey on Friday for the release of a detained American pastor whose case has led the Trump administration to hit senior Turkish officials with sanctions and badly strained ties between the North Atlantic Treaty Organisation allies.

Cavusoglu told Turkish press that the meeting was "constructive", but also spoke out against the sanctions.

"Brunson needs to come home, as do all the Americans being held by the Turkish government". "Pretty straightforward. They've been holding these folks for a long time".

Paul Manafort trial, Alexandria, Virginia
President Donald Trump's former campaign chair, was sent to jail pending a trial after his bail was revoked. In fact, prosecutors said last week they don't expect the word "Russia" to be mentioned at all.

Turkish President Recep Tayyip Erdogan said he will seek global arbitration if the Trump administration fails to deliver the fighter jets. The Turks have also vowed to retaliate for the sanctions "without delay".

Ankara and Washington will continue to work together to resolve their issues, Foreign Minister Mevlut Cavusoglu said on Friday.

Pastor Brunson was arrested in Izmir, Turkey in October 2016, and was accused without any evidence of helping terrorist groups and of engaging in espionage.

On Wednesday, the White House announced that it was imposing sanctions on Turkish Justice Minister Abdulhamit Gul and Interior Minister Suleyman Soylu.

The sanctions targeting Justice Minister Abdulhamit Gul and Interior Minister Suleyman Soylu freeze any property or assets on United States soil held by the two ministers, and bar United States citizens from doing business with them.

Erdogan has denied speculation that there had been an agreement to swap Brunson for Turkish citizens being held overseas, particularly 27-year-old Ebru Ozkan.

Mr Erdogan has previously tried to swap him for Fethullah Gulen, an Islamic cleric...