Qatar defies Trump

Qatar defied US President Donald Trump yesterday and promised to plough $15 billion into Turkish financial markets and banks, amid a collapse in the value of the lira and a looming trade war between Turkey and the United States.

The bail-out followed talks in Ankara between the emir of Qatar, Shaikh Tamim bin Hamad Al Thani, and Turkey’s President Recep Tayyip Erdogan.