Europe will spiral into a severe recession, as the shortage in energy supplies is set to spike inflation even higher and weigh heavily on Europe’s GDP, BlackRock said in a note on Monday. Media reports said: “The energy crunch will drive a recession in Europe, as we’ve argued since March. …

Recep Tayyip Erdogan’s “pro-Russian tilt” has grown louder in recent weeks, as Vladimir Putin clearly looks for Erdogan to stay in power. Turkey’s President Recep Tayyip Erdogan faces the biggest challenge to his nearly two decades of uninterrupted rule as galloping inflation, a wilting national currency and resentment toward Syrian …

In landmark talks in Baghdad, Hakan Fidan sought to ease bilateral tensions over a deadly attack in July, assert Turkey’s resolve to continue military operations on Iraqi soil and sway the political impasse in Iraq. Turkey’s intelligence chief Hakan Fidan became the country’s first official to hold high-level talks in …