Long opposed to rate increases, Erdogan now backs plan that includes raising rates, minister says | AP News

Long opposed to rate increases, Erdogan now backs plan that includes raising rates, minister says | AP News

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan, long a proponent of cutting interest rates, now supports his advisers’ economic plan that includes raising rates, a member of his economic team said Thursday.In a theory that runs contrary to traditional economic thinking, Erdogan has long pressured Turkey’s central bank governors to lower rates. The

Continue reading

Former Sri Lankan president denies that suicide bombings were staged to enable his election | AP News

Former Sri Lankan president denies that suicide bombings were staged to enable his election | AP News

COLOMBO, Sri Lanka (AP) — Former Sri Lankan President Gotabaya Rajapaksa on Thursday denied allegations in a British television program that Islamic State-inspired extremists were used to carry out suicide bomb attacks in 2019 to create insecurity in the country and help him win election later that year.“To claim that a group of Islamic extremists

Continue reading

Polish director demands apology from justice minister for comparing her film to Nazi propaganda | AP News

Polish director demands apology from justice minister for comparing her film to Nazi propaganda | AP News

WARSAW, Poland (AP) — Film director Agnieszka Holland demanded an apology from Poland’s justice minister after he compared her latest film, which explores the migration crisis at the Poland-Belarus border, to Nazi propaganda.Holland said Wednesday that she planned to bring defamation charges against Justice Minister Zbigniew Ziobro unless she receives an apology within seven days.

Continue reading

Foreign Relations chair seeks answers from US oil firms on Russia business after Ukraine invasion | AP News

Foreign Relations chair seeks answers from US oil firms on Russia business after Ukraine invasion | AP News

The head of the U.S. Senate Foreign Relations Committee has asked the country’s top three oilfield services companies to explain why they continued doing business in Russia after its invasion of Ukraine, and demanded that they commit to “cease all investments” in Russia’s fossil fuel infrastructure.Sen. Bob Menendez, a Democrat from New Jersey, cited an

Continue reading

US steps toward forcing recall of 52 million air bag inflators that can explode and hurl shrapnel | AP News

US steps toward forcing recall of 52 million air bag inflators that can explode and hurl shrapnel | AP News

DETROIT (AP) — The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people.The National Highway Traffic Safety Administration on Tuesday said it has made an initial decision that the inflators made by ARC Automotive

Continue reading

Rescue efforts are underway for an American caver who fell ill while exploring a deep cave in Turkey | AP News

Rescue efforts are underway for an American caver who fell ill while exploring a deep cave in Turkey | AP News

ISTANBUL (AP) — Turkish and international cave rescue experts are working to save an American speleologist trapped at a depth of more than 1,000 meters (3,280 feet) in a cave in southern Turkey after he became ill.Mark Dickey, 40, became sick during an international expedition in Morca cave in southern Turkey’s Taurus Mountains, within the

Continue reading

King Charles III shows his reign will be more about evolution than revolution after year on the job | AP News

King Charles III shows his reign will be more about evolution than revolution after year on the job | AP News

LONDON (AP) — Don’t rock the boat.A year after the death of Queen Elizabeth II triggered questions about the future of the British monarchy, King Charles III’s reign has been marked more by continuity than transformation, by changes in style rather than substance.Charles, who waited more than 70 years to ascend the throne, moved seamlessly

Continue reading