Category: News
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Erdogan invokes patriotism, Islam as lira remains under pressure
byISTANBUL – President Tayyip Erdogan appealed to Turks’ religious and patriotic feelings ahead of a major Muslim holiday on Monday, promising they would not be brought “to their knees” by an economic crisis that has battered the lira currency. The lira TRYTOM=D3 has tumbled some 40 percent this year, hit by worries about Erdogan’s influence […]
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Westminster car crash: Man charged with attempted murder
byA man has been charged with attempted murder after a car crashed outside the Houses of Parliament. Salih Khater, 29, from Birmingham, is alleged to have swerved his car into cyclists and pedestrians shortly after 07:30 BST on 14 August. The case is being treated as terrorism, a spokesperson for the Met Police added. He […]
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Imran Khan confirmed as Pakistan prime minister
byFormer cricket star Imran Khan has been elected prime minister of Pakistan in a vote at the country’s National Assembly. His PTI party won the most seats in July’s elections – setting up Mr Khan to become PM with the help of small parties, more than two decades after he first entered politics. He will […]
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Turkey will emerge stronger from lira crisis despite U.S. row – minister
byISTANBUL- Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting the country’s banks were healthy and signalling it could ride out a row with the United States. In a conference call with thousands of investors and economists, Albayrak – who is President Tayyip Erdogan’s son-in-law […]
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Kabul suicide bomber kills 48 in tuition centre attack
byForty-eight people have been killed and 67 injured in a bomb explosion at an education centre in Afghanistan’s capital, Kabul, the country’s health ministry says. Police say a suicide bomber walked into the centre while teaching was under way and detonated his bomb belt. Many of those killed are believed to be teenagers who were […]
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The Latest: Italy official puts bridge collapse dead at 20
byMILAN — The Latest the collapse of a bridge in Italy (all times local): 14:45 The head of Italy’s civil protection agency Angelo Borrelli has put the number of victims of the Genoa bridge collapse at 20 people dead and 13 injured. Borrelli told a press conference in Rome on Tuesday that the victims appear […]
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Turkey accuses US of ‘stab in back’ as currency woes persist
byMoves to ease Turkey’s economic woes have failed to stop market turmoil as the country’s row with the US deepens. Turkey’s President, Recep Tayyip Erdogan, said on Monday that the US was seeking to “stab it in the back”. The US last week imposed sanctions on Turkey over its refusal to extradite a US preacher […]
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Arms depot blast in Syria’s Idlib province kills 39 – monitor
byAt least 39 people – including 12 children – have been killed in a blast that brought down a building in Syria’s mainly rebel-held north-western province of Idlib, reports say. The building in the Sarmada town is said to have contained munitions belonging to an arms trafficker. Dozens of people are still missing, a monitor […]
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Turkish Lira Plummets; Erdogan Pledges Economic War
byISTANBUL — The White House issued a proclamation Friday evening officially announcing the doubling of steel tariffs on Turkey, slated to go into effect Monday. Earlier Friday, the Turkish lira suffered its worst one-day loss in a decade after President Donald Trump announced the United States would hike metals tariffs, prompting investor confidence to slump. Trump […]
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China paper rebuts trade war criticism, says ‘an elephant can’t hide’
byBEIJING/SHANGHAI – China’s top newspaper rebutted growing criticism in government circles that Beijing should have taken a lower profile to head off its trade war with the United States, saying on Friday that, like an elephant, China cannot hide its size and strength. The growing trade conflict is causing rifts within China’s Communist Party, with […]
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