Turkey’s lira tumbled to a record low of 8.6 versus the dollar on Friday as it took a hit from global inflation concerns, expectations that the central bank will soon cut interest rates and worries over possible early elections. The lira — by far the weakest performer in emerging markets …

The Fed has embarked on a massive expansionary quest in recent years. In 2020, total Reserve Bank assets rose from $4.2 trillion to $7.4 trillion amidst the pandemic and related government lockdown and fiscal “stimulus” policies. That was roughly three times the extraordinary growth in the consolidated balance sheet for …

Former U.S. Secretary of State Mike Pompeo has made more detailed allegations about Iran’s secretive relationship with al-Qaida, rekindling a debate about how the United States should respond to the decades-old cooperation between its Mideast rival and the anti-American terrorist network. In an interview that aired Friday on VOA Persian’s …

The policy paper, “Preserving Free Society, Promoting Social Cohesion, Fighting Political Islamism,” which whole-heartedly commends law-abiding Muslims who respect Germany’s democratic order, argues that the debate about Islamism in Germany is often reduced to violence and terror, but that it is necessary to focus more on ideology. The proposals include …

Iraqi security forces arrested a senior paramilitary leader on Wednesday in a move that will raise tension with powerful Iran-backed militias accused of attacks on international troops and killing hundreds of protesters and activists. The arrest puts Prime Minister Mustafa Al Kadhimi’s loyalist security forces in the army and counter-terrorism …

Ashkenazi told Danon that Le Drian’s comments are “unacceptable, baseless, far from reality and Israel wholly rejects them.” Foreign Minister Gabi Ashkenazi summoned French Ambassador to Israel Eric Danon on Thursday to deliver an official reprimand following French Foreign Minister Yves Le Drian’s comment that Israel was on its way …

Egypt invited Israel and Gaza to Cairo to discuss the return of captives and the rebuilding of the Gaza Strip. Egypt’s President Abdel Fattah al-Sisi told US Secretary of State Antony Blinken on Wednesday that the latest developments between Israelis and Palestinians reaffirmed the need for direct talks between the …

The armed forces of Egypt and Sudan launched a joint military exercise in southern Sudan on Wednesday, according to a military source. Armed forces of the two countries are taking part in the Guardians of the Nile exercise in southern Kardavan province, a Sudanese military official told Anadolu Agency on …

Following the Jan. 6 insurrection at the U.S. Capitol, numerous reports emerged indicating that a significant number of rioters had connections to the military. A study released in April by the Program on Extremism at George Washington University and the Combating Terrorism Center at West Point found that 43 of …

The cease-fire that entered into force last Friday brought an end to 11 days of fighting between Israel and Hamas, leaving behind at least 248 Palestinian and 12 Israeli dead, as well as untold destruction in Gaza. Yet even as the fragile truce is holding thus far, the power struggle …