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Erdogan vows to defy US 'threats' after currency crash...


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President Recep Tayyip Erdogan vowed Saturday to defy US "threats" over a detained pastor, showing no signs of concessions in a bitter row that has caused the Turkish lira to crash. Relations between the two NATO allies have sunk to their lowest point in decades over a string of issues including the detention of US pastor Andrew Brunson on terror-related charges, prompting the lira to hit record lows against the dollar. The Turkish strongman also lashed out at interest rates, denounced them as a "tool of exploitation" which should be kept as low as possible.


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