Erdogan’s push for lower interest rates despite Turkey’s tumbling currency and soaring inflation is an economic gamble that he is unlikely to win. Turkey’s central bank cut its policy rate by 100 basis points to 15% Thursday, ignoring alarm over the country’s nosediving currency and soaring inflation. The third rate …

Russian President Vladimir Putin has criticized the United States, the European Union, and NATO over their stance on the situation in the territories controlled by Moscow-backed separatists in eastern Ukraine and other issues, but said his country is ready “for contacts and a dialogue.” In a wide-ranging speech to Foreign …

The Russian military has successfully test-fired a hypersonic cruise missile against a target in the White Sea waters in northern Russia, amid rising tensions between Moscow and the West over NATO drills and the recent migrant crisis in eastern Europe. The Russian Defense Ministry made the announcement on Thursday, saying …