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 …

While Turkey has prided itself for mediating between Russia and Ukraine, Ankara has shown no such impartiality in the recent fighting between Azerbaijan and Armenia, with Turkish leaders airing their support for Baku. Turkish killer drones were back in action Wednesday as its ally Azerbaijan kept up attacks against Armenia …

While the world is looking at Ukraine and Russia, a brewing all-out war is happening between Armenia and Azerbaijan. Fighting on the border of Azerbaijan and Armenia has started, and as two troops faced each other today, 99 soldiers were killed in the skirmish, with both sides taking hits. Armenia …

The Islamic Emirate of Afghanistan (IEA) said Wednesday that casualties were reported in clashes across the Durand Line on Tuesday after Pakistan opened fire. IEA spokesman Bilal Karimi said Pakistani forces had tried to build a post close to the Durand Line and when approached by IEA officials, Pakistan opened …

The Islamic Emirate of Afghanistan (IEA) said Wednesday there was no truth in Pakistan’s claims earlier in the day that Masood Azhar the leader of Pakistan’s Jaish-e-Mohammed group had taken refuge in Afghanistan. “We would like to point out that the Islamic Emirate does not allow any armed opposition of …

Washington is to set up a new fund that could eventually serve as a mechanism to free up Afghanistan’s frozen assets in order to promote economic stability in the country, senior US officials told CNN. According to the officials, the Biden administration has worked with Switzerland and Afghan economists to …

Armenia Azerbaijan launched military operation in Nagorno-Karabakh (NK) ahead of high-level meetings in Brussels and Moscow; opposition announced return to parliament after five-month boycott. After weeks of relative calm in NK, clashes erupted early Aug between Azerbaijani and Armenian forces answering to de facto authorities in NK, with Baku 3 …

The overall Consumer Price Index rose 0.1 percent in August, core was up 0.6 percent; up 8.3 percent and 6.3 percent year-over-year, respectively. Overall, the picture shows inflation persisting in a wide variety of areas where it seems that supply chain issues are being overcome. This is not a good …