Finance

With Iran, Turkey we defeated terrorists in Syria: Lavrov

Angered by the continued detention of an American pastor, the United States government imposed sanctions on two cabinet ministers and threatened more. Relations...


Turkey announces sharp tariffs on U.S. goods

Three big companies operating in Dogubank, a trade center specialized in the sales of electronic products in central Istanbul , suspended 50 million USA dollar...


China files WTO challenge to US tariffs on solar panels

This led to complaints that it undermined the World Trade Organization. US officials say such action is necessary because the WTO lacks the ability to address C...


More sanctions ready over Brunson case, US Treasury Sect. Mnuchin says

The United States and Turkey have exchanged tit-for-tat tariffs in an escalating attempt by Trump to induce Turkish President Tayyip Erdogan into giving up ...


Turkey to boycott USA electronic goods

The ruckus between Turkey and the U.S. has impacted on other countries' currencies, including the Indian rupee, as investors fear the lira's wobbles could spr...


China-US to resume trade talks after tit-for-tat tariff battle

Invited by the U.S., the delegation, headed by Commerce Vice Minister Wang Shouwen, will meet with a team of negotiators led by David Malpass, undersecretary fo...


Asian stocks hit 1-year low amid Turkey woes, bearish China equities

The tariffs imposed by the Trump administration were put in place for national security reasons, she said, while "theirs are out of retaliation". The author...


Turkey's economy plummets amid United States sanctions

Erdogan doubled the tariffs on passenger cars to 120 per cent, on alcoholic drinks to 140 per cent and on leaf tobacco to 60 per cent. Turkish Vice Presiden...


Crypto Market Falls 10 Percent in 24 Hours

The Bitcoin once again came to the threshold level at $6000 losing more than 6% in the past 24 hours. The total market capitalisation of virtual currencies dr...


‘It was a miracle’: Survivor of Genoa bridge collapse shares his story

Restructuring work on the bridge was carried out in 2016. Authorities anxious about the stability of remaining large sections of the bridge, prompting a wider...


Brunson: pastor at centre of Turkey-US row and market turmoil

The lira was trading on Wednesday at 6.1 to the dollar, a gain in value on the day of 4.5 percent. On Aug. 15, a Turkish court in the Aegean province of I...


Turkey court rejects new appeal to release detained U.S. pastor

See if you can take her iPhone away ... The lira plunged to record lows on Monday, but has since clawed back some of its losses. Measures to restrict the am...


Retail inflation at 9-month low; rate hike seems unlikely

The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measured inflation for July dropped to 11.14 per cent (year-on-year) from...


Turks mobilized to boycott United States products amid strong dollar, deepening split

The lira is still down 20 per cent in August and many investors will wait for steep interest-rate hikes from the central bank before they return, especially w...


Turkey Doubles Tariffs on US Imports as Lira Rebounds

The tariffs also come a day after President Recep Tayyip Erdogan said Turkey would boycott US electronic goods, singling out iPhones. Turkey announced on We...


United States pastor in Turkey appeals for release, end to travel ban -lawyer

Oil prices edged higher with Brent up 5 cents at $72.86 a barrel, while US crude added 15 cents to $67.78. TURKISH TURMOIL: Turkey's lira stabilized near ...


Monsanto Thrown Into Chaos by $289 Million Glyphosate Ruling

The court awarded Johnson $39 million in future losses and a whopping $250 million in punitive damages. He worked for a school district near San Francisco, sp...


NBC Blames Trump For Straining Relationship With Turkey Over American Pastor

Following the meeting, USA officials have given no indication that the United States has been prepared to give ground in the standoff between the two countries'...


Polls close in Vermont for slate of primaries

The Democratic primary in Vermont was a fairly sleepy affair, with no big-name contenders to block a first-time candidate such as Hallquist. Also among the pr...


Indian Rupee hits fresh record low of 69.61 per Dollars

There is "nothing at this stage to worry". However, the rupee erased all morning gains to hit an all-time low of over 70 a dollar. Fears over a rise in glob...


Trump administration pressure on Tehran forces Iran to start selling discounted oil

Prices rebounded from the previous session's slide that came as a financial crisis in Turkey sparked fears that possible contagion throughout emerging economies...


White House Expresses Frustration With Continued Detention of US Pastor in Turkey

National Security Adviser John Bolton met at the White House on Monday with Turkish ambassador Serdar Kilic, but the discussion reportedly did not resu...


Turkey's president threatens boycott of iPhones, other United States electronics

Turkey's President Recep Tayyip Erdogan announced that the country of 81 million people will boycott American consumer electronics, including Apple's iPhon...


Omarosa’s White House recordings fuel Trump woes

Still, the former reality TV star-turned-political aide declined to answer several questions about her experiences during her year as the highest-ranking Africa...


Firefighter dies in Mendocino Complex Fire

A PG&E employee was killed in a vehicle incident while working to restore services to areas affected by the Carr Fire on August 4. "But we have these radi...


Tesla forms committee to assess proposal to go private

In the days that followed, the SEC got involved, reportedly investigating Musk's online musings about taking the company private . The statement makes it clea...


Turkish lira crisis gets worse with fresh 11% plunge

The freefall has been exacerbated by latest USA threat to double tariffs on Turkish steel and aluminum. The Turkish lira plummets, losing some 16 percent ...


Flight Data and Human Remains Found in Stolen Sea-Tac Plane

Not long before the crash, a pilot who'd been helping controllers advise Russell appears to mention the maneuver. Officials said Russell had been a Horizon ...


Amid currency woes, Turkey accuses U.S. of ‘stabbing it in back’

Major European markets were down around 0.5%, with shares in banks including Spain's BBVA and Italy's Unicredit sliding more than 4%. The lira has lost more t...


Iran's supreme leader says no war or talks with U.S.

In an interview with German weekly Bild am Sonntag, Peter Altmaier warned of the damaging consequences of a full-blown US-China trade war, and expressed con...


Turkey rejects "impositions" as standoff with USA rattles markets

Emerging market stocks lost 1.97 percent. "If you come at us with your dollars we will try to find other ways to manage our affairs. Can such a thing be a...


Iraqi PM cancels visit to Iran, Tehran denies any plans for trip

We the first batch almost seven months ago and the second batch is about to be transferred back to Iran . "In general, sanctions are unjust", he said. The pu...


Who Will Fund Elon Musk's Tesla Takeover? It Could Be Saudi Arabia

Although Musk has yet to prove that he has the funding to make Tesla private, Isaacs argues that Musk's tweets caused enough inflation and volatility that sho...


Euro hits 90p: Concern over no-deal Brexit sees Sterling slump

Sterling is trading down 0.7 percent in the middle of 1.2800s against the US Dollar after the news of the United Kingdom government readying the meeting f...


United States airline worker steals plane, takes it for flight before crashing it

According to a statement from Alaska, the sole man onboard, the one operating the plane, was an employee for Horizon Air. A U.S. official briefed on the ma...