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Turkish inflation climbs to two-year high, likely delaying interest rate cut

Turkey’s annual inflation rose higher than expected in July to 18.95%, just shy of the Central Bank’s key interest rate, reducing prospects for an early interest rate cut this summer. Turkey’s annual inflation rate rose higher than expected in July, reaching a two-year high of 18.95%, according to data published …

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Hamas insists Marwan Barghouti be part of any prisoner swap with Israel

Hamas hopes its support for Fatah leader Marwan Barghouti, who retains wide popularity, will pay political dividends. The Hamas movement insists on giving imprisoned Fatah Central Committee member Marwan Barghouti priority in any potential prisoner swap deal with Israel. As soon as the latest war on the Gaza Strip ended …

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Israel considers options after drone attack on ship blamed on Iran

The drone attack against an Israeli-managed oil tanker last week revealed Israel’s soft underbelly at sea, and forces its leadership to consider how to retaliate. Had Prime Minister Naftali Bennett been Israel’s defense minister or just a member of its Security Cabinet, he would have surely banged on the table …

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