As expiring non-deliverable contracts and currency futures increased demand for dollars, the Indian rupee (INR) plunged to its lowest level ever on Friday. Meanwhile, importers panicked and bought dollars. Before the central bank’s intervention helped to reduce sharp losses, traders said the Indian rupee fell to an all-time low ofContinue Reading
Istanbul (AFP): In an effort to combat double-digit inflation, Turkey’s central bank reduced its main interest rate on Thursday for the first time in over two years. Citing improvements in “inflation expectations and pricing behavior,” the bank’s monetary policy committee voted to lower the target rate from 50% to 47.5%.Continue Reading
Reuters, NEW DELHI – The gentle-spoken Manmohan Singh, who passed away on Thursday at the age of 92, was seen as a “reluctant king” during his first term as prime minister and was undoubtedly one of India’s most effective leaders. Singh served a record two terms as prime minister fromContinue Reading
NEW YORK (AP) — Before daybreak, the immigration agents sat in their cars next to a two-story structure. An officer’s voice crackled over the radio as a New York subway line rumbled overhead. Using a phrase for target, he stated, “I think that’s Tango,” after observing for around two hours.Continue Reading
NEW DELHI (Reuters)- Allegations of wrongdoing involving the family in the 2015 awarding of a $12.65 billion nuclear power deal were characterized as “completely bogus” and a “smear campaign” by the son and adviser of ousted Bangladesh Prime Minister Sheikh Hasina on Tuesday. On Monday, the Anti Corruption Commission ofContinue Reading
ISTANBUL (AFP) A huge bomb smashed through an explosives facility in northeastern Turkey on Tuesday, killing 12 people and wounding five more, officials said. Shards of glass and metal were seen scattered outside the factory, with ambulances nearby. “According to initial reports, 12 employees died and four were taken toContinue Reading
WASHINGTON (Reuters) — Washington will provide Israel $3.5 billion to spend on US weaponry and military equipment, the State Department announced on Friday, months after Congress allocated the funds during Israel’s conflict in Gaza. A State agency official said on Friday that the agency informed Congress on Thursday that theContinue Reading
CAIRO (Reuters) – More than 100 Palestinians were killed and scores injured in an Israeli raid on a Gaza school housing displaced persons on Saturday, according to the Hamas-run Gaza administration. The Israeli military said the strike was targeting a Hamas command center. The strikes occurred as those hiding atContinue Reading
TOKYO (Reuters): After receiving an extraordinary warning that there was a greater than usual possibility of a significant earthquake along the Pacific coast, Japanese Prime Minister Fumio Kishida canceled his plans to go to central Asia on Friday and instead led preventative efforts. On Thursday, the Japan Meteorological Agency issuedContinue Reading
Czech Republic: VALEC (Reuters) – Dozens of pupils engaged in a trial Czech army program designed to increase declining enrollment rates crawl through woodland underbrush while learning appropriate shooting techniques, all as instructors yell orders. Similar to the majority of former Soviet satellite nations currently part of NATO, the CzechContinue Reading
