Central Bank offers liquidity assistance but no rate hike Turkey’s Central Bank on Monday sought to calm markets rattled by the precipitous plunge of the Turkish lira as a defiant President Recep Tayyip Erdoğan chastised the U.S. for seeking to stab Ankara “in the back”. A dispute between NATO allies …
Read More »No war, no negotiations with the U.S., says Khamenei
Iranian Supreme Leader blames ‘internal’ factors for present economic crisis Iran’s Supreme Leader Ayatollah Ali Khamenei said on Monday that there would be neither war nor negotiations with the United States, and that the country’s problems were the result of government mismanagement more than renewed sanctions. Ayatollah Khamenei’s comments add …
Read More »India rejects U.K. proposal on DNA tests for ‘illegal migrants’
Govt. refuses to sign pact citing ‘privacy issues’ India rejected a proposal by the UK to use DNA sampling to establish the nationality of illegal migrants living there citing “privacy issues.” Although a Memorandum of Understanding on return of illegal migrants was initialled after due approval of the Union Cabinet …
Read More »The promise of Korea peace for China
Northeast China has high stakes in North Korea. A durable peace on the Korean Peninsula could mean much needed jobs for China’s industrial rust belt. China’s northeast, historically known as Manchuria, was among the first to industrialise. The region’s plentiful reserves of iron ore and coal premised the rise of …
Read More »‘Turkey-U.S. relations may be in jeopardy’
We could look for new allies: Erdogan President Recep Tayyip Erdogan said Turkey’s partnership with the U.S. may be in jeopardy as ties strain, warning Ankara could start looking for new allies, in an op-ed published in the New York Times on Saturday. Relations between the two NATO allies have …
Read More »No meeting with U.S., says Iran
America’s addiction to sanctions does not allow negotiation to take place: Zarif Iran gave its most explicit rejection yet of talks with the U.S. on Saturday, and accused Washington of an “addiction to sanctions” over its latest spat with Turkey. The U.S. reimposed harsh sanctions on Iran on Tuesday, following …
Read More »‘China has turned Xinjiang into something resembling a no-rights zone’
UN human rights experts have expressed alarm over what they said were many credible reports that China had detained one million or more ethnic Uighurs in the western region of Xinjiang and forced as many as two million to submit to re-education and indoctrination. In the name of combating religious …
Read More »Indian aid to SAARC nations falls
India’s financial assistance to SAARC neighbours declined considerably in the past five years, a reply by the government in Parliament this week showed. The figures were revealed in the Lok Sabha in reply to a question on whether India had completed projects committed to countries in the neighbourhood. Minister of …
Read More »Trump doubles steel and aluminium tariffs on Turkey
Says U.S. relations with Ankara are not good at this time U.S. President Donald Trump said on Friday that he had doubled steel and aluminium tariffs on Turkey, adding to the pressure on the nation’s troubled economy amid a diplomatic row with Washington. “I have just authorised a doubling of …
Read More »Pakistan hopes to host SAARC summit
Imran Khan meets Indian High Commissioner Pakistan is likely to boost its role in SAARC under the Imran Khan government which will assume charge soon. An indication on this came at the first meeting between the newly elected leader of Pakistan Tehreek-e-Insaf (PTI) and Ajay Bisaria, Indian High Commissioner, on …
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