Markets see more Turkish lira losses – and huge central bank action
Turkey’s lira is in the grip of one of its worst routs of modern times, and markets are sensing more weakness ahead – but also that its central bank will jack up interest rates massively to try to turn the tide.
Several people hurt in blast at Brazil steelmaker Usiminas’ plant
An explosion tore through Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA’s largest plant on Friday, injuring 30 people and shaking the nearby town of Ipatinga, according to the company and firefighters.
Brazil’s Usiminas says no deaths or critical injuries in blast
Thirty people were taken to the hospital to be treated after an explosion at a plant owned by Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA, the company said. There were no deaths nor critical injuries.
Pompeo discusses sanctions, Syria in call with Russian counterpart: spokeswoman
U.S. Secretary of State Mike Pompeo discussed recent U.S. sanctions against Moscow and challenges in Syria’s war in a phone call with his Russian counterpart, Sergei Lavrov, on Friday, a State Department spokeswoman said.
Humanitarian ship rescues 141 migrants in first mission since row with Italy
A humanitarian ship rescued 141 migrants packed onto wooden boats off the coast of Libya on Friday in its first mission since it was caught in a standoff with Italy and Malta over their refusal to let rescued migrants ashore.
Edinburgh festival authors face ‘Kafkaesque’ UK visa process
Foreign authors invited to Edinburgh to appear in the world’s biggest arts festival are being put off by a British visa process which organizers say is humiliating and Kafkaesque.
Saudi-led coalition to probe Yemen air raid, Houthis report 40 children dead
A Saudi-led Arab military coalition said on Friday it would investigate an air strike that killed dozens of children in Yemen, an apparent shift of stance on an attack Riyadh has portrayed as a legitimate action against its Houthi foes.
Albanian police hunt gunman who killed eight relatives
Albanian police said they were hunting a gunman who killed eight members of his own extended family in the southern coastal town of Vlore on Friday.
Turkey has not signaled desire for IMF aid: Fund spokesperson
Turkey has not approached the International Monetary Fund to ask for financial assistance, an IMF spokesperson said on Friday.
Gaza ceasefire ends flare-up, Palestinians resume protests
An Egyptian-brokered truce ended a two-day wave of rocket barrages and air strikes between Israel and Gaza, but the border remained tense as thousands of Gazans gathered for protests in which two Palestinians were killed and scores wounded.




