Year: 2022

ANKARA, Turkey (AP) — The Turkish central bank says it and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74 billion to boost Turkey’s depleted foreign exchange reserves. Under the agreement announced Wednesday, Turkey and the UAE agreed to swap 65 billion Turkish lira and 18 billion UAE dirham for

BEIJING (AP) — With just over two weeks before the opening of the Beijing Winter Olympics, residents of the Chinese capital are disappointed at not being able to attend events because of coronavirus restrictions. Organizers have announced no tickets will be sold to the general public and only selected spectators will be allowed. Access to

BERLIN (AP) — German news agency dpa has reported that police are investigating thousands of cases of suspected forgery of coronavirus vaccine certificates. The dpa report on Wednesday cited figures obtained from the country’s 16 states showing more than 12,000 police investigations have been opened nationwide. Dpa reported that the number of probes surged in

By SUZAN FRASER Associated Press ANKARA, Turkey (AP) — Turkey’s government and central bank have taken unconventional steps in recent weeks to prop up a beleaguered economy crippled by skyrocketing consumer prices, instead of ending a much-criticized plan to cut interest rates. President Recep Tayyip Erdogan’s insistence on cutting rates is the opposite of what

By MOUSSA MOUSSA and DAVID RISING Associated Press SYDNEY (AP) — Three of Tonga’s smaller islands have suffered serious damage from tsunami waves, officials and the Red Cross say, as a wider picture begins to emerge of the destruction caused by the eruption of an undersea volcano near the Pacific archipelago nation. Communications have been

MADRID (AP) — Spanish authorities say six residents of a nursing home near Valencia have died in a fire. A regional official said Wednesday that another 17 residents were hospitalized. The official says the cause of the fire is under investigation but officials think it might have started with a short-circuit in a mechanism linked

ANKARA, Turkey (AP) — A pipeline that carries oil from Iraq to world markets has resumed operating several hours after an explosion in southeastern Turkey forced it to shut down. No one was hurt in the explosion late Tuesday in Kahramanmaras province. A statement from Turkey’s pipeline company said the oil flow resumed on Wednesday

By JON GAMBRELL and DAVID KOENIG Associated Press DALLAS (AP) — Some flights to and from the U.S. have been canceled even after AT&T and Verizon scaled back the rollout of high-speed wireless service that could interfere with aircraft technology that measures altitude. Airlines received warnings from the Federal Aviation Administration and Boeing that many

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are higher after China cut interest rates to shore up flagging economic growth and Japan reported a double-digit rise in exports. Benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced. Wall Street’s benchmark S&P 500 index fell 1% as investors tried to figure