Turkey Currency Crisis Threatens Economy, Posing Challenge to Erdogan Rule

ISTANBUL—A currency disaster is shaking Turkey’s financial system, imperiling President Recep Tayyip Erdogan’s approximately two-decade-lengthy grip on energy and upending dwelling specifications in a place that had relished yrs of expansion.

The lira fell to a document low against the dollar on Thursday, trading at 10.98 in comparison with 10.57 before in the day, soon after the country’s central financial institution lower its critical charge to fifteen% from sixteen%.

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Electric-Vehicle Spat Looms Over Biden’s Meeting With Canadian, Mexican Leaders

When President Biden hosts counterparts from Canada and Mexico at the White House on Thursday, he will face visitors who have accused his administration of endorsing electric automobiles and union positions at the expense of buying and selling interactions with neighboring nations. The president will meet up with with Canadian […]