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Turkish lira remains volatile after surprise dip in inflation data

Turkey’s annual inflation unexpectedly dropped to 16.59% in May, according to data published Thursday. The news did not steady the nation’s currency, which slid on market concerns over an early interest rate cut. Bucking a seven-month trend of steady increases, Turkey’s annual inflation rate fell slightly in May, catching forecasters …

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Turkish attack near Makhmour camp extends anti-PKK operations deeper into Iraq

Days after warning of a coming operation on Iraq’s Makhmour camp, Turkish President Recep Tayyip Erdogan said a senior Kurdistan Workers Party official was “neutralized” near the camp Saturday, underlining Ankara’s drive to put pressure on militants in the region. Turkish President Recep Tayyip Erdogan announced on Sunday that a …

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Qatar ‘funneled millions of dollars’ to Al-Qaeda-affiliate terrorists in Syria: British media

Nine Syrians are accusing several Qatari figures and institutes of funding terrorist fighters in Syria in a case filed at a UK court, according the Times of London. In a claim issued this week from the High Court in London, the Syrian individuals are claiming damages for financial losses, torture, …

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