Berat Albayrak, Turkey’s treasury and finance minster, promised to “transform” the country’s economy and to “rein in inflation”, but lacked specific details. Photographer: Stringer/Bloomberg

A spat with the United States and a deepening economic crisis plunged Turkey’s lira to an all-time low against the dollar on Friday, despite its finan(...)

A general view of the US consulate in Istanbul, Turkey. Photograph: Ozan Kose/AFP/Getty Images

Turkish president Recep Tayyip Erdogan has described the US’s move to cut back visa services at its mission in Turkey as “upsetting”, amid continued f(...)