Tue, 21-Oct-2025

US waging ‘economic war’ on Russia

An economic War

MOSCOW – The Kremlin said on Wednesday that the United States has initiated an economic war on Moscow, citing an avalanche of sanctions against the country in response to its military foray into pro-Western Ukraine. Read More: Fake propaganda? “The United States has declared economic war on Russia, and it is de facto conducting this … Read more

Lira plunges as Turkey cuts interest rate again

Turkish lira

ISTANBUL: The Turkish lira on Thursday hit fresh lows after the central bank fired the latest salvo in President Recep Tayyip Erdogan’s “economic war of independence” by cutting interest rates for the fourth successive month. The reduction of the main rate to 14 per cent from 15 per cent comes in face of an annual inflation … Read more