- Joined
- Feb 2, 2016
- Messages
- 34,002
- Reaction score
- 0
Turkey ‘may face sanctions’ for buying Russian S-400 missiles and not toeing US line – diplomat
Published time: 19 Apr, 2018 16:50Edited time: 20 Apr, 2018 07:02
Ankara’s decision to buy S-400 air defense systems from Russia exposes Turkey to possible US sanctions and may bar it from getting F-35 jets, a State Department official said, adding that Turkey should “align with the West.”
The warning came on Wednesday from Assistant Secretary of State Wess Mitchell, who spoke to the House Foreign Affairs Committee on behalf of his department’s Bureau of European and Eurasian Affairs.
https://www.rt.com/news/424616-turkey-us-sanctions-s400-russia/
Golden Rush-Out: Turkey Extracts Its Bullion Reserves From US
BUSINESS
The total volume of the Turkish Central Bank's gold reserves, which were stored in the United States, stood at 220 tons; last month, Turkey's gold reserves were worth about 25.3 billion dollars.
Local media cited government sources as saying that the Central Bank of the Republic of Turkey (CBRT) has transferred its gold reserves from the US Federal Reserve System to Ankara.
In March 2018, the CBRT's gold reserves were worth 25.3 billion dollars; 220 tons of Turkish gold was stored in the US, according to the sources.
The largest private Turkish banks also withdrew their gold reserves from abroad, responding to President Recep Tayyip Erdogan's call "to get rid of exchange rate's pressure and to use gold against the dollar."
READ MORE: 95% of Turkey's Population Oppose Alliance With NATO, US – Former General
In particular, the Halk Bankasi bank transferred 29 tons of gold to Turkey, according to the Turkish newspaper Milliyet.
Relations between Turkey and the US have become aggravated against the backdrop of Washington's support for the Kurdish People's Protection Units (YPG) in Syria, seen by Ankara as a terrorist group linked to Kurdistan Workers' Party (PKK) also blacklisted by Turkish government as a terrorist organization. The US military, for its part, cites the necessity to combat Daesh.*
https://sputniknews.com/business/201804201063750442-turkey-central-bank-gold-reserves-us/
__________________________________________________
We have been losing Pakistan to China for quite some time.
We appear to be losing Turkey, although that is not nearly as clear. I don't think Trump wants to be known as the president that lost Turkey as an ally. Their maybe no more important strategic ally in the world than Turkey.
So there is definitely discussion to be found in whether we have lost them, or on the path to losing Turkey as an ally.
The conversation I would be more interested in however, is what impact it would have if we lost Turkey as an ally.
I have gotten the impression it would be pretty serious, but I'm not all that clear on why.
Perhaps there are some posters here who could enlighten me as to the geo-political consequences of losing Turkey as an ally.
Discuss......
Published time: 19 Apr, 2018 16:50Edited time: 20 Apr, 2018 07:02
Ankara’s decision to buy S-400 air defense systems from Russia exposes Turkey to possible US sanctions and may bar it from getting F-35 jets, a State Department official said, adding that Turkey should “align with the West.”
The warning came on Wednesday from Assistant Secretary of State Wess Mitchell, who spoke to the House Foreign Affairs Committee on behalf of his department’s Bureau of European and Eurasian Affairs.
https://www.rt.com/news/424616-turkey-us-sanctions-s400-russia/
Golden Rush-Out: Turkey Extracts Its Bullion Reserves From US
BUSINESS
The total volume of the Turkish Central Bank's gold reserves, which were stored in the United States, stood at 220 tons; last month, Turkey's gold reserves were worth about 25.3 billion dollars.
Local media cited government sources as saying that the Central Bank of the Republic of Turkey (CBRT) has transferred its gold reserves from the US Federal Reserve System to Ankara.
In March 2018, the CBRT's gold reserves were worth 25.3 billion dollars; 220 tons of Turkish gold was stored in the US, according to the sources.
The largest private Turkish banks also withdrew their gold reserves from abroad, responding to President Recep Tayyip Erdogan's call "to get rid of exchange rate's pressure and to use gold against the dollar."
READ MORE: 95% of Turkey's Population Oppose Alliance With NATO, US – Former General
In particular, the Halk Bankasi bank transferred 29 tons of gold to Turkey, according to the Turkish newspaper Milliyet.
Relations between Turkey and the US have become aggravated against the backdrop of Washington's support for the Kurdish People's Protection Units (YPG) in Syria, seen by Ankara as a terrorist group linked to Kurdistan Workers' Party (PKK) also blacklisted by Turkish government as a terrorist organization. The US military, for its part, cites the necessity to combat Daesh.*
https://sputniknews.com/business/201804201063750442-turkey-central-bank-gold-reserves-us/
__________________________________________________
We have been losing Pakistan to China for quite some time.
We appear to be losing Turkey, although that is not nearly as clear. I don't think Trump wants to be known as the president that lost Turkey as an ally. Their maybe no more important strategic ally in the world than Turkey.
So there is definitely discussion to be found in whether we have lost them, or on the path to losing Turkey as an ally.
The conversation I would be more interested in however, is what impact it would have if we lost Turkey as an ally.
I have gotten the impression it would be pretty serious, but I'm not all that clear on why.
Perhaps there are some posters here who could enlighten me as to the geo-political consequences of losing Turkey as an ally.
Discuss......