WORLD

Erdogan Hints At Rate Hike After Election Victory

Erdogan has called high interest rates 'the mother and father of all evil'
Turkish President Recep Tayyip Erdogan signalled Wednesday that he would let his new economic team hike interest rates to combat inflation and stabilise the lira, reversing an era of unconventional policies.
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Boys watch waves hit the shore in Mumbai

Seven Dead As India Steps Up Evacuations Ahead Of Cyclone

Four boys drowned after venturing into rough seas in Mumbai as Indian authorities began evacuating people from western coastal areas on Tuesday, two days before a powerful cyclone approaches Gujarat state and neighbouring southern Pakistan.
Minister of Investment of Saudi, Khalid Al Falih speaks during Saudi 2022 Budget Forum in Riyadh

Saudi Arabia Seeks Cooperation With China, 'Ignores' Western Worries

As the world's top oil exporter, Saudi Arabia's bilateral relationship with the world's biggest energy consumer is anchored by hydrocarbon ties. But cooperation between Riyadh and Beijing has also deepened in security and sensitive tech amid a warming of political ties - to the concern of the U.S. The two nations' momentum has also raised prospects for a successful conclusion to negotiations for a free trade deal between China and the Saudi Arabia-dominated Gulf Cooperation Council.
Palestinian president Mahmud Abbas has been invited to China by leader Xi Jinping

Palestinian President To Visit China Next Week

Palestinian president Mahmud Abbas will make a state visit to China next week, Beijing said Friday, after China expressed readiness to help facilitate Israeli-Palestinian peace talks.

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