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Message: <blockquote data-quote="ibnanv" data-source="post: 23528080" data-attributes="member: 218596">Qatar pledges $15bn of direct investments in Turkey – Ankara      <img src="https://www.elakiri.com//www.elakiri.com//cdni.rt.com/files/2018.08/article/5b744f7cfc7e93416e8b458c.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /><img src="https://cdni.rt.com/files/2018.08/article/5b744f7cfc7e93416e8b458c.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> Turkish President Erdogan meets with Emir of Qatar Sheikh Tamim bin Hamad al-Thani in Ankara Qatar has pledged $15 billion of direct investment in Turkey’s  financial markets and banks. The news comes in a statement released on  Turkey’s President’s website following his meeting with Qatar's Emir  Tamim bin Hamad Al Thani.      "The Turkish President  and Emir of Qatar met today [Wednesday[ in the presidential complex in  Ankara. They have exchanged views on bilateral relations and regional  issues, Al-Thani said that Qatar intends to directly invest $15 billion  in Turkey,” said a press release after the meeting.The Turkish lira firmed to 5.8699, from 6.04 to the US dollar after  the news. The record low level of 7.2 against the greenback happened on  Monday.The Turkish officials did not provide any further  information on the nature of the investments, according to AP. Erdogan's  office said the pledge was made by Qatar's head, Al Thani.The investment will be channeled into Turkish financial markets and banks, a government source told.The  Turkish economy has recently been hit by a record depreciation in the  national currency lira. On Friday, US President Donald Trump doubled  tariffs on aluminium and steel from Turkey in response to the detention  of a US citizen. American pastor Andrew Brunson is being held on  terrorism charges in Turkey, facing up to 35 years in prison for his  alleged role in a failed coup in 2016.In response, Erdogan  announced boycott of US electronic devices, including Apple iPhones.  Turkey has also hiked tariffs on US goods such as tobacco, alcohol,  cars, cosmetics and others.</blockquote>

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