Eurasia Press & News

The Turkish government’s continued failure to stabilize the battered lira raises the prospect of inflation topping 100% in the fall. Consumer prices in Turkey rose 4.95% in June, bringing annual inflation to 78.6%, the highest reading since 1998, according to official data released Monday. The spiraling inflation — fueled mainly …

On his first trip abroad as prime minister, Yair Lapid met at the Elysée Palace in Paris with French President Emmanuel Macron to discuss Lebanon, Hezbollah and Iran. Prime Minister Yair Lapid met a short while ago in Paris with French President Emmanuel Macron. It was Lapid’s first official trip …

The Wall Street Journal reports that Facebook paid over $20 million to the New York Times and $15 million to the Washington Post in annual fees. Even more valuable than the big checks was Facebook’s ability to push media content to its users. Last year, sources at several publishers were …

Various opinion polls put [Erdoğan’s] popularity at less than 30%, compared to the 52% with which he won re-election in 2018. Many Turks, although starving, are nevertheless proud that they have a leader who can confront the “infidel West” — including their traditional rival and neighbor, Greece. It is precisely …

When the inaugural BRIC summit took place in 2009, it was a moment of relative triumph for its members. While the West dealt with the worst financial crisis since the Great Depression, BRIC countries — Brazil, Russia, India and China — enjoyed temporary shelter from the turmoil. When South Africa …

In yet another sign of the Russian command’s efforts to make up for losses in the war in Ukraine, Russian military commissariats are recruiting “volunteers” to fight against Kyiv, volunteers who experience has shown the Russian army is far more likely to use as canon fodder than its own. Yevgeny …

Oil and gas workers at state giant Equinor are on strike in Norway, the largest producer of oil and gas in Western Europe. The strike is escalating Europe’s natural-gas crisis a week before a key pipeline with Russia shuts for maintenance. Benchmark Dutch natural gas futures surged 10% on Monday …

The Syrian government forces are waging a revenge war against the Islamic State in the Syrian desert amid escalating attacks. The Syrian desert known as the Badia region has been recently witnessing violent battles between the Syrian government forces and Islamic State (IS) militants, while Russian warplanes are raiding the …

A terrorist alleged to be one of the ISIS Beatles execution squad is facing deportation from Turkey to Britain now that he has served his jail term. UK officials are being questioned as to why Aine Davis, from west London, has not been stripped of his citizenship, a move which …

There is growing international pressure not to back treaty that would allow Iranians convicted in Belgium to serve their sentences in Iran. Belgium’s parliament on Tuesday will debate whether to ratify a proposed treaty with Iran that could allow an Iranian convicted of terrorism in Belgium to be sent back …