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Central Bank warns Egyptians away from Bitcoin as value skyrockets

The Central Bank of Egypt has warned against dealing with cryptocurrencies, particularly bitcoins, arguing that investing Egyptian capital in such a volatile pursuit could negatively impact the nation’s economy. The bitcoin price has shot up to unprecedented levels. On April 8, the price of a bitcoin hit $58,353, up from …

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Russian FM’s visit to Egypt helps counter Erdogan’s regional moves

Russian Foreign Minister Sergey Lavrov’s visit to Cairo is seen as a further cementing of increasing Russian-Egyptian ties and as a counterpoint to the Ukrainian president’s visit to Turkey. Russian Foreign Minister Sergey Lavrov met with his Egyptian counterpart Sameh Shoukry and President Abdel Fattah al-Sisi during a visit to …

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US, Turkish forces in Iraq targeted in separate attacks

A Turkish soldier was killed northeast of Mosul shortly after NATO and US officials announced they will withdraw from Afghanistan this year. Erbil International Airport in Iraq’s northern Kurdistan region was hit by at least one explosion Wednesday night, Iraqi and US officials said.

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Ankara in risky geopolitical gamble in Black Sea

Fiddling with the delicate balance of power in the Black Sea might leave Turkey in a worse squeeze between Russia and the United States. Is Turkey on course to abandon its traditional balancing act between Russia and NATO in the Black Sea region? Ankara’s posture in the Ukraine-Russia standoff, coupled …

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Biden Announces End Of ‘America’s Longest War,’ Withdrawal From Afghanistan By September 11

President Joe Biden has announced his decision to withdraw all U.S. troops from Afghanistan by September 11 — 20 years to the day after the Al-Qaeda terrorist attacks on the United States that triggered the conflict. “It is time to end America’s longest war,” Biden said during a speech at …

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Bruised Borissov May Yet Prevail over Bulgaria’s Divided Opposition

With no clear route to a parliamentary majority following an election in Bulgaria, outgoing Prime Minister Boyko Borissov may yet defy the odds. Post-election Bulgaria is fast starting to resemble an endless riddle of political ‘what-ifs’. Prime Minister Boyko Borissov’s path to a third term is strewn with obstacles after …

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US Intelligence Warns China, Russia Determined to Erode Washington’s Influence

The global coronavirus pandemic has done little to stop adversaries, especially China, from targeting the United States and making gains at the country’s expense, according to a newly unveiled U.S. intelligence assessment. The Office of the Director of National Intelligence (ODNI) issued the declassified 27-page report Tuesday, a day before …

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Greek PM agrees to talks with Libya on maritime zones

Greece and Libya have agreed to hold talks on marking out their maritime zones in the Mediterranean, Prime Minister Kyriakos Mitsotakis said on Wednesday, after a meeting with the president of the Libyan Presidential Council, Mohamed al-Menfi.

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Senior Iran official confirms ‘thousands of centrifuges damaged and destroyed’

Admission of scale of damage at Natanz casts doubts on Tehran’s ability to ramp up uranium enrichment to 60%, as threatened; Israeli report says whole plant still out of commission A senior Iranian official confirmed Tuesday that the blast at the Natanz nuclear facility, which Tehran blames on Israel, destroyed …

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Iran’s Rouhani says 60% enrichment is response to Israel’s ‘nuclear terrorism’

Iranian envoy to UN atomic agency says Islamic Republic will start enriching at previously unseen levels by next week Iran’s President Hassan Rouhani said Wednesday that Tehran’s decision to boost uranium enrichment to 60 percent was a response to Israel’s “nuclear terrorism,” three days after an attack on its Natanz …

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