Foreign
China cuts mortgage lending rate as property crisis deepens
August 22, 2022, 4:50 pm
ANKARA – China slashed its mortgage lending rate on Monday as the world’s second-largest economy grapples with a spiraling property crisis. For the second time this year, the People’s Bank of China lowered the five-year loan prime rate (LPR) by 15 basis points to 4.30 percent and cut the… Read More
Daughter of Putin’s major ally killed in car explosion
August 22, 2022, 12:49 pm
ANKARA – The daughter of Russian political scientist and ally of President Vladimir Putin was killed in a car explosion on the outskirts of Moscow late Saturday, authorities and state media said. The car of Darya Dugina, daughter of Alexander Dugin, exploded on Mozhayskoye highway around 9:45… Read More
US announces new $775-M military aid package for Ukraine
August 20, 2022, 4:20 pm
WASHINGTON – The Biden administration announced Friday a new tranche of military aid to Ukraine worth USD775 million in the latest bid to bolster Kyiv's forces as they seek to push back against Russia's ongoing offensive. The package includes an unspecified amount of ammunition for the High… Read More
Japan's inflation rises to 2.6% in July, fastest pace since 2014
August 20, 2022, 2:44 pm
ANKARA – The annual headline inflation rate in Japan rose to 2.6 percent in July 2022 from 2.4 percent in June, the fastest pace since April 2014, according to official data by the Internal Affairs Ministry on Friday. The figure is above the Bank of Japan's 2 percent target amid the… Read More
UN calls for 'massive and generous' support to ease food crisis
August 20, 2022, 11:16 am
UNITED NATIONS – UN Secretary-General Antonio Guterres on Friday urged wealthier countries "to open their wallets and their hearts" for those bearing the brunt of the global food crisis aggravated by the ongoing Russia-Ukraine war. Guterres visited the Ukrainian port city of Odesa to oversee the… Read More
London underground workers strike over pay, pensions
August 20, 2022, 10:49 am
LONDON – Workers in the Rail, Maritime, and Transport (RMT) union working in the London underground system went on strike on Friday over pay and pensions. Most underground lines were suspended, and bus services in western and southwestern London were also disrupted in a separate strike over pay.… Read More
Thousands of workers in UK begin 4-day strike
August 18, 2022, 8:31 pm
LONDON – Thousands of workers across the UK began a four-day strike on Thursday due to long-running disputes over working conditions and unfair pay. Commuters across the country, including the capital London, will face disruptions as services on trains, buses and the underground will be ground… Read More
Rhine River's receding water levels threaten German economy
August 18, 2022, 4:16 pm
BRUSSELS – Germany is under the threat of drought as summer temperatures and reduced rainfall have seen water levels fall further in the Rhine River, a major transportation route. The depth of the river at some points has reached critical levels (below 40 cm.), affecting private and industrial… Read More
Suicides in Japan increased 8K due to pandemic: study
August 17, 2022, 7:50 pm
TOKYO – The coronavirus pandemic led to 8,000 more suicides in Japan between March 2020 and June 2022 than would have been expected in the period, a recent study calculated. Women in their 20s accounted for the largest increase relative to what would have occurred had the pandemic not occurred.… Read More
NoKor fires 2 cruise missiles toward Yellow Sea
August 17, 2022, 5:54 pm
SEOUL – North Korea test-fired two cruise missiles toward the Yellow Sea on Wednesday, a South Korean military official said, as President Yoon Suk-yeol held a press conference to mark the 100th day since taking office. "(The military) has detected two cruise missiles launched by North Korea… Read More
Biden signs climate, health care package
August 17, 2022, 5:28 pm
WASHINGTON – President Joe Biden signed into law Tuesday his party's sweeping package to overhaul the United States’ policy on climate change and health care, calling it a blow to American special interests. Biden said the law signifies the "biggest step forward on climate ever" and will allow… Read More
Heavy rain predicted again in Japan, risk of landslides, flooding
August 16, 2022, 7:04 pm
TOKYO – Heavy rain is expected to fall again in parts of Japan through Thursday with coastal regions in the north and west at particular risk of landslides and flooding, the country's weather agency said. The agency called for vigilance as a front extending from a low-pressure system is forecast… Read More
Ukraine war could push 20M people into poverty in 2022: UN
August 16, 2022, 5:51 pm
TOKYO – Almost an additional 20 million people could be pushed into extreme poverty this year due to Russia's war on Ukraine and its negative fallouts, such as rising food prices, according to a recent UN report. The document titled "The Sustainable Development Goals (SDGs) Report 2022" said the… Read More
Sudan floods kill over 52 people, destroy thousands of homes
August 16, 2022, 4:12 pm
KHARTOUM – Sudanese authorities said more than 52 people have died as a result of the torrential rains which have flooded various states throughout Sudan. The torrential downpour, which usually occurs between May and October, has also resulted in 25 injuries as well as the destruction of… Read More
WHO joins 9th ISPAH Congress in Abu Dhabi as co-sponsor
August 15, 2022, 8:58 pm
ABU DHABI – The Abu Dhabi Public Health Centre (ADPHC) and the International Society for Physical Activity and Health (ISPAH) on Monday announced that the World Health Organization (WHO) has become the official co-sponsor of the 9th ISPAH Congress taking place in Abu Dhabi on Oct. 23-26, 2022.… Read More
41 dead in fire at Egyptian church west of Cairo
August 15, 2022, 6:47 pm
ANKARA – At least 41 people were killed and 14 others injured in a fire that erupted at an Egyptian church west of Cairo early Sunday, the Coptic Church said. The fire broke out in Abu Sefein Church in the Greater Cairo district of Imbaba as a service was underway, the state news agency MENA… Read More
Suspect who attacked Salman Rushdie under custody: NY police
August 13, 2022, 1:25 pm
WASHINGTON/ANKARA – The suspect, who attacked author Salman Rushdie on stage in New York state, was taken into custody, New York State Police said on Friday. Pictures posted on social media showed Rushdie, whose works have prompted death threats, lying on stage at the Chautauqua Institution as… Read More
$430-B package of initiatives approved to cut US inflation
August 13, 2022, 11:23 am
WASHINGTON – The US House of Representatives on Friday approved a package of initiatives aimed at reducing inflation, worth USD430 billion, according to a live broadcast on the US House’s website. The Senate approved the package last week and it will now go to President Joe Biden, who earlier… Read More
Samsung heir Lee granted special presidential pardon
August 12, 2022, 1:45 pm
SEOUL – President Yoon Suk-yeol granted his first special pardons to Samsung heir Lee Jae-yong, Lotte Group Chairman Shin Dong-bin and 1,691 others on the occasion of next week's Liberation Day anniversary, the government said Friday. The government announced the pardons to be effective from… Read More
Newly identified Langya virus being tracked after China infection
August 11, 2022, 8:15 pm
ISTANBUL – Researchers are monitoring a newly identified virus in China that appears to be transmitted from animals to humans. While more than three dozen cases have been recorded in China since the virus was first detected in late 2018, it was only formally identified this week. Cases of the… Read More
