Ali Babacan

Turkish President Recep Tayyip Erdogan on Wednesday met with the government's economic pointman and the central bank governor, agreeing on the need to maintain trust in the economy at talks aimed at calming markets after a plunge in the value of the lira.

US Treasury Secretary Jack Lew and Turkish Deputy Prime Minister Ali Babacan asserted a strong joint commitment to combat financial networks supporting Islamic State militants at a G20 summit in Istanbul, a US Treasury spokesperson said today.

Turkish President Recep Tayyip Erdogan on Wednesday met with the government's economic pointman and the central bank governor, agreeing on the need to maintain trust in the economy at talks aimed at calming markets after a plunge in the value of the lira.

US Treasury Secretary Jack Lew and Turkish Deputy Prime Minister Ali Babacan asserted a strong joint commitment to combat financial networks supporting Islamic State militants at a G20 summit in Istanbul, a US Treasury spokesperson said today.