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Hopes Rise on Averting Turkish-US Crisis Over Russian Missiles

Turkey's currency surged Thursday on rising speculation a looming crisis could be averted between Ankara and Washington. The revived optimism follows a telephone conversation between President Donald Trump and Turkish President Recep Tayyip Erdogan. The Wednesday call came as Washington threatens to impose sanctions on its NATO ally over Ankara's procurement of the Russian S-400 missile system. Washington says the missiles threaten to compromise NATO defense systems, especially...

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