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Asia shares dip as Turkey's lira tanks

3 monthes ago   |   By

Asia share markets skidded and the euro hit one-year lows on Monday as a renewed rout in the Turkish lira drove demand for safe harbors, including the U.S. dollar, Swiss franc and yen.
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Turkish Lira Slides to a Record Low as Erdogan Remains Defiant in Face of Financial Crisis

3 monthes ago   |   By

Turkey is set for another week of financial-market turmoil with its face-off with the U.S. showing no sign of abating.
While officials in Ankara, Istanbul and Washington have the means to stem the mayhem that sent the lira down 25 percent in the past month, the will to deploy them was absent through much of the weekend, with Recep Tayyip Erdogan maintaining his defiance toward the U.S. and financial-market orthodoxy in speeches Sunday.
Pressured by U.S. sanctions and a new constitutional order that concentrates power in Erdogan's hands, Turkey's central bank and finance ministry did little...
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Harold Baines, Lee Smith elected to the Baseball Hall of Fame on Today's...

Harold Baines, Lee Smith elected to the Baseball Hall of Fame on Today's Game ballot

CHICAGO - Their contributions are well known to fans of the North and South Sides in the 1980s and 1990s, and now they're going to be known by baseball fans throughout... Read more ...

How to protect package deliveries from 'porch pirates'

How to protect package deliveries from 'porch pirates'

Residents and police from across the country are taking steps to stop thieves from taking packages from doorsteps. Read more ...

California couple donates their home items to firefighters who lost homes in...

California couple donates their home items to firefighters who lost homes in Camp Fire

A California couple is moving out of state with very little, choosing to donate their home furnishings, appliances and other essentials to firefighters who lost their homes in... Read more ...

'I can't breathe.' Jamal Khashoggi's last words disclosed in transcript...

'I can't breathe.' Jamal Khashoggi's last words disclosed in transcript, source says

The transcript notes the sounds of Khashoggi's body being dismembered by a saw as the alleged perpetrators are advised to listen to music to block out the sound. Read more ...

Top House Dems raise prospect of impeachment, jail for Trump

Top House Dems raise prospect of impeachment, jail for Trump

Trump has denied wrongdoing and has compared the investigations to a "witch hunt." Read more ...

Louisville police investigating arrest caught on Facebook video

Louisville police investigating arrest caught on Facebook video

LMPD is investigating after a video on social media showed a man being taken into custody by police officers Sunday afternoon. Read more ...

Meet the 6-year-old ambassador of the Sacramento Jingle Bell Run

Meet the 6-year-old ambassador of the Sacramento Jingle Bell Run

Hundreds of people came out Sunday for the Jingle Bell Run at Crocker Park in Sacramento. Read more ...

Gerry Dulac's report card: Raiders 24, Steelers 21

Gerry Dulac's report card: Raiders 24, Steelers 21

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Police ask for help locating missing 85-year-old woman with alzheimer's

Police ask for help locating missing 85-year-old woman with alzheimer's

CHICAGO - Chicago police are asking for help locating an 85-year-old woman with alzheimer's who went missing from the Northwest Side. Police say Teresa Moreno is known to... Read more ...

China Summons U.S. Ambassador Over Arrest Of Huawei CFO

China Summons U.S. Ambassador Over Arrest Of Huawei CFO

Meng Wanzhou was detained during a layover in Vancouver. The U.S. government says a subsidiary of Huawei violated U.S. sanctions with Iran, and that the company deceived... Read more ...