Reuters (Reuters) – Foreign investors who left Russia after selling their firms there between March 2022 and March 2023 withdrew almost $36 billion, according to the state RIA news agency, citing statistics from the Central Bank. In reaction to Moscow’s invasion of Ukraine in February 2022, many of the world’sRead More →

ANKARA/LONDON (Reuters) – Turkey’s lira has hit a record low before of the country’s election decision on Sunday, with investors apprehensive about what may happen if Tayyip Erdogan gains another decade in power. ‘Erdonomics,’ as the 69-year-old president’s unconventional, growth-seeking policies are known, have pushed the lira down 80% inRead More →

MOGADISHU: Following a commitment by President Hassan Sheikh Mohamud in March to abolish a convoluted indirect system in existence since 1969, Somalia’s administration and federal member states said on Sunday that direct universal suffrage will be implemented with local elections scheduled for June 2024. After reaching an agreement with stateRead More →

On Saturday, Maulana Fazlur Rahman, the president of Jamiat Ulema-e-Islam (JUI), departed for the United Kingdom (UK), where he intended to meet with Nawaz Sharif, the leader of the Pakistan Muslim League-Nawaz (PML-N), during his one-week trip. Sources claim that Nawaz Sharif, the leader of the Pakistan Muslim League-Nawaz (PML-N),Read More →

The competition to lead NATO is getting more intense. But the race is primarily conducted in the dark, and the winner has not yet been identified. The Norwegian secretary-general of the transatlantic military alliance, Jens Stoltenberg, is scheduled to leave his position at the end of September after serving nineRead More →