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Lee, a Category 3 hurricane on Tuesday morning, was centered about 575 miles south of Bermuda with maximum sustained winds of 115 mph, the National Hurricane Center said. A larger Hurricane Lee, then, is more likely to affect the Eastern Seaboard – even if not through a direct landfall. Those tropical storm-force winds could extend over 300 miles from Lee’s center later this week, National Hurricane Center Director Michael Brennan said in a Monday storm briefing. It’s too soon to know the extent of the impacts Lee might have along the Northeast US and Atlantic Canada late this week and this weekend, the hurricane center said. Three people in New Jersey died in rip currents kicked up in the wake of Hurricane Franklin last week.

Persons: Hurricane Lee, Lee, Michael Brennan, It’s, Hurricane Franklin Organizations: CNN, Hurricane, National Hurricane Center, Seaboard, Atlantic, Carolinas, British, US, Hispanola, Weather Service Locations: Northeast, Bermuda, Canada, Atlantic Canada, East, Florida, Caribbean, US Virgin Islands , Puerto Rico, Turks, Caicos, Bahamas, Massachusetts, New Jersey

☆ Explainer-What Is Happening Between Armenia and Azerbaijan Over Nagorno-Karabakh?
▼ + stars: | 2023-09-11 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +4 min

(Reuters) - Tensions are running high again between Azerbaijan and Armenia over the territory of Nagorno-Karabakh, which has been the cause of two wars between them in the past three decades. Under the Soviet Union, Nagorno-Karabakh became an autonomous region within the Soviet republic of Azerbaijan. FIRST KARABAKH WARAs the Soviet Union crumbled, what is known as the First Karabakh War (1988-1994) erupted between Armenians and their Azerbaijani neighbours. Russia, a treaty ally of Armenia but which also has good relations with Azerbaijan, stepped in to negotiate a ceasefire. The most sensitive issue is the status of the 120,000 ethnic Armenians in Karabakh, whose rights and security Armenia says must be guaranteed.

Persons: Nikol Pashinyan Organizations: Reuters, Christ, FIRST, Karabakh, European Union, Armenian Locations: Azerbaijan, Armenia, Nagorno, Karabakh, KARABAKH, Artsakh, Caucasus, Soviet Union, Soviet, Turkey, Israel, Russia, United States, Baku, Ukraine

☆ Hurricane Lee to bring dangerous surf conditions to U.S. East Coast
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +1 min

A composite image shows Hurricane Lee churning towards the Caribbean after intensifying into a major storm, September 8, 2023. National Oceanic and Atmospheric Administration (NOAA)/Handout REUTERS Acquire Licensing RightsSept 10 (Reuters) - Hurricane Lee was churning west-northwest in the tropical Atlantic Ocean and was expected to bring dangerous surf and rip currents to the U.S. East Coast from Sunday night into next week, the U.S. National Hurricane Center said. The storm, about 270 miles (535 km) northeast of the northern Leeward Islands, should pass north of Puerto Rico, the U.S. Virgin Islands and other Caribbean islands. Swells were affecting portions of the British and U.S. Virgin Islands, Puerto Rico, Hispaniola, Turks and Caicos, the Bahamas and Bermuda. The National Weather Service's office in Puerto Rico forecast waves of 6 to 10 feet, possibly higher, in some coastal areas.

Persons: Lee, Handout, Kelly Herrera, Herrera, Maria Caspani, Cynthia Osterman Organizations: Oceanic, Atmospheric Administration, Handout REUTERS, U.S ., U.S, National Hurricane Center, U.S . Virgin, British, Vanderbilt, Thomson Locations: U.S . East Coast, Leeward, Puerto Rico, U.S, U.S . Virgin Islands, U.S . Virgin Islands , Puerto Rico, Hispaniola, Turks, Caicos, Bahamas, Bermuda, Puerto Rico's, San Juan, San Juan's

An area of high pressure over the Atlantic, known as the Bermuda High, will have a major influence on how quickly Lee turns. As the high pressure weakens this week, it will allow Lee to start moving northward. Lee could make a quick turn to the north early this week if high pressure weakens significantly. If the jet stream sets up along the East Coast, it will act as a barrier that prevents Lee from approaching the coast. This scenario would leave portions of the East Coast, mainly north of the Carolinas, vulnerable to a much closer approach from Lee.

Persons: Lee, – Organizations: CNN, British, US Virgin Islands, National Hurricane Center, US, National Weather Service, Bermuda, East Locations: Coast, Puerto Rico, Leeward, Bermuda, Atlantic Canada, East Coast, Caribbean, Lesser, US Virgin Islands , Puerto Rico, Hispaniola, Turks, Caicos Islands, Bahamas, San Juan , Puerto Rico, Leeward Islands, Lee, Carolinas

☆ Hurricane Lee weakens to a Category 3 but still forecast to be powerful into next week
▼ + stars: | 2023-09-09 | by ( ) www.cnbc.com time to read: +2 min

In this NOAA image taken by the GOES satellite, Hurricane Lee crosses the Atlantic Ocean as it moves west on September 8, 2023. Hurricane Lee weakened to a Category 3 hurricane Friday evening, one day after it exploded from a Category 1 to a dangerous Category 5, but is still forecast to remain a powerful storm into next week. On Friday, the storm weakened gradually from its status as a Category 5 in the early morning, eventually down to a Category 3, still remaining a major hurricane. "Fluctuations in intensity are likely over the next few days, however Lee is expected to remain a powerful hurricane through early next week," the advisory said. Lee will bring high surf and dangerous rip currents to the U.S. East Coast as early as Sunday, and could worsen through the week.

Persons: Hurricane Lee, Lee Organizations: Hurricane, National Hurricane Center, Virgin Islands, Lesser, British, U.S . Locations: Leeward, Leeward Islands, Puerto Rico, U.S, U.S . Virgin Islands , Puerto Rico, Hispaniola, Turks, Caicos Islands, Bahamas, Bermuda, U.S . East Coast

☆ Hurricane Lee path: Powerful storm will create dangerous conditions along the East Coast, regardless of its uncertain final track
▼ + stars: | 2023-09-09 | by ( Mary Gilbert Allison Chinchar | Mary Gilbert | Allison Chinchar | ) edition.cnn.com time to read: +7 min

Lee enters rare companyA satellite image of Hurricane Lee provided by the National Oceanic and Atmospheric Administration. How close will Hurricane Lee get to the US? An area of high pressure over the Atlantic, known as the Bermuda High, will have a major influence in how quickly Lee turns. As the high pressure weakens next week it will allow Lee to start moving northward. Scenario: Out to SeaLee could make a quick turn to the north early next week if high pressure weakens significantly.

Persons: Hurricane Lee, Lee, it’s, NOAA Lee, Hurricane Matthew, John Kaplan, Hurricane Allen, David Zierden, Coast Lee Organizations: CNN, Hurricane, US, National Hurricane Center, US East Coast Sunday, Virgin Islands, British, National Oceanic, Atmospheric Administration, NOAA, Hurricanes, Bermuda Locations: Caribbean, Leeward Islands, Puerto Rico, Leeward, Lesser, US Virgin Islands , Puerto Rico, Hispaniola, Turks, Caicos Islands, Bahamas, Bermuda, Haiti, East Coast, Lee, Coast, Carolinas

As the volleyball game neared its end, thousands of fans watching on giant screens in an Istanbul park rose to their feet and fell silent. The ball soared, a Turkish player set it up near the net, and her teammate spiked it. Her Italian opponents blocked the shot but knocked the ball out of bounds, handing victory to the Turks and causing the crowd to erupt into chants of “Turkey! Turkey!”The nail-biter victory on Friday by Turkey’s national women’s volleyball team in the Women’s European Volleyball Championship was the most recent conquest by the country’s most successful major sports team, a record that has turned it into a rare source of national pride that holds appeal across the country’s social divides. Affectionately referred to as “the Sultans of the Net,” the team won the Volleyball Nations League championship in July in Arlington, Texas, and became the world’s top rated women’s national team, according to FIVB, the sport’s international governing body.

Persons: laud Organizations: Turkey’s, volleyball, Volleyball, Volleyball Nations League, FIVB Locations: Istanbul, Turkish, Turkey, Arlington , Texas, Serbia, Brussels

☆ Tropical storm warning for Texas with storm expected Tuesday morning
▼ + stars: | 2023-08-21 | by ( Jennifer Gray | ) edition.cnn.com time to read: +5 min

The storm’s center is expected to move inland over south Texas by midday Tuesday, hurricane center said. A tropical storm warning is in effect for portions of South Texas south of Port O’Connor and a tropical storm watch has been issued from Port O’Connor northward to Sargent. If it becomes a tropical storm, it could be named Harold, depending on whether another area in the Atlantic Ocean closer to Africa develops into a tropical storm first. Atlantic hurricane season exploding to lifeThis storm is the latest sign of the Atlantic hurricane season exploding into action. Tropical storm warnings are in effect for the southern side of Hispaniola, while tropical storm watches cover the northern side.

Persons: Harold, Michael Lowry, Lowry, Storm Franklin, ”, Gert, Emily, Phil Klotzbach Organizations: CNN, National Hurricane Center, Corpus Christi, Atlantic, of Atmospheric Science, Colorado State University Locations: South Texas, Gulf of Mexico, Texas, Mexico, Port O’Connor, Port, Sargent, Africa, Port Mansfield , Texas, Gulf, Corpus Christi, Nuevo Leon, Coahuila, Central Texas, Hispaniola, Santo Domingo, Dominican Republic, Caicos, Caribbean

☆ Richard Hanania’s Racism Is Backed by Silicon Valley Billionaires - The New York Times
▼ + stars: | 2023-08-12 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +3 min

And it served its intended purpose: to naturalize inequality of status and resources in an era defined by its yawning gaps between haves and have-nots. I mention all of this as context for Richard Hanania, a rising star among conservative writers and intellectuals. For years before appearing in the pages of newspapers and publications like this one, Hanania wrote articles for white supremacist publications under a pseudonym. “The reason I’m the target of a cancellation effort is because left-wing journalists dislike anyone acknowledging statistical differences between races,” he recently wrote. But his supposedly transgressive views are little more than the warmed-over dogmas of the long-dead ideologues who believed in the scientific truth of race hierarchy.

Persons: “, ”, Nell Irvin Painter, Brigham, Adam Cohen, Carrie Buck, John D, Rockefeller, Edwin Black, ” eugenicists, Richard Hanania, Hanania, Christopher Mathias, ” Hanania, ideologues Organizations: White People, Poland, Northwestern, American Eugenics, Rockefeller Jr, The Huffington, Blacks, New, ” Locations: Russia, Italy, “, New York City

The sustained inflationary pressure, driven by a lira drop and tax hikes, comes as President Tayyip Erdogan's new finance minister and central bank chief orchestrate a policy U-turn including interest rate hikes that are expected to slow domestic demand. But in the meantime the U-turn has hammered the currency and left authorities asking already-stretched households for patience. In July, consumer prices soared nearly 10% sequentially due to tax hikes and a lira crash. This month, forecasts by five economists show them rising between 5.5% and 8.5%, with fallout from mid-July tax hikes lagging into August. After years of divergence with market expectations, the central bank matched those last month when it raised its end-2023 annual inflation forecast to 58.0% from a previous 22.3%.

Persons: Erdogan, Tayyip Erdogan's, Hafize Gaye Erkan, Erdogan's, Erkan, Mehmet Simsek, Moody's, Daren Butler, Jonathan Spicer, Toby Chopra Organizations: Turkish Statistical Institute, Thomson Locations: Erdogan ANKARA, Istanbul, Turkey's

☆ Turkey curbs credit card use for foreign travel, in blow to sector
▼ + stars: | 2023-08-01 | by ( Ceyda Caglayan | ) www.reuters.com time to read: +2 min

ISTANBUL, Aug 1 (Reuters) - Turkey's banking watchdog has stopped allowing credit card payments by instalment for foreign travel, such as flights, travel agency fees and accommodation, in a step seen dealing a blow to foreign travel operators. The move, which hit airline shares and was seen as curbing foreign currency outflows, was one of two measures announced by the BDDK watchdog late on Monday, which it said were among coordinated steps to strengthen financial stability. "The logic (of the step) is 'citizens shouldn't go abroad and spend foreign currency'," he said, adding that the foreign travel sector was also being hit by increasing difficulties faced by Turks in securing tourist visas. The credit card move also had an impact on airline share prices, with Turkish Airlines (THYAO.IS) dipping 1.3% and the airline Pegasus (PGSUS.IS) dropping 2.3%. ($1 = 26.9618 liras)Reporting by Ebru Tuncay; Editing by Daren Butler and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Persons: Cem Polatoglu, shouldn't, Ebru Tuncay, Daren Butler, Emelia Organizations: Turks, Turkish, Turkish Airlines, Pegasus, Thomson Locations: ISTANBUL

[1/3] An exhibition marking the 100th anniversary of the signing of the Treaty of Lausanne that fixed the borders of modern Turkey at the end of World War I is seen at the Historical Museum in Lausanne, Switzerland, July 21, 2023. REUTERS/Denis BalibouseLAUSANNE, Switzerland, July 23 (Reuters) - The Treaty of Lausanne that formed modern Turkey is still cherished by some but remains a disappointment for others including Kurds and Armenians who hoped for autonomous regions and justice for Ottoman-era crimes. Turkey's President Tayyip Erdogan commemorated the anniversary in a statement last year, praising elements of it and saying that Turkey had meticulously monitored its implementation. You must show what this (treaty) means," Karnusian told Reuters, saying that it stood for the "origin of the denial of what happened" to the Armenians. "I think it (the treaty) has endured because everyone's equally unhappy about it," he said.

Persons: Denis Balibouse, Tayyip Erdogan, Koyuncu, Karnusian, Jonathan Conlin, everyone's, Emma Farge, Frances Kerry Organizations: Historical Museum, REUTERS, Reuters, Thomson Locations: Lausanne, Turkey, Switzerland, Swiss, Britain, France, Ottoman Empire

☆ Inspired by Ukraine war, Taiwan launches drone blitz to counter China
▼ + stars: | 2023-07-21 | by ( Reuters Graphic | ) www.reuters.com time to read: +16 min

These drones range from jet-powered, long range surveillance aircraft to small quadcopters deployed by ground troops. Taiwan should accelerate mass production of a range of military drones to boost self-reliance in the struggle with Beijing, it concluded. U.S. drones range in size from two-kilogram, hand-launched drones to 14,500-kilogram long range surveillance drones. Unlike Taiwan, China began mass-producing unmanned aircraft long before the Ukraine conflict. Hundreds of technology experts, including specialists in AI, were recruited to the military, according to UCSD analyst Cheung.

Persons: Tsai Ing, ”, Tsai “, Max Lo, “, Hawk Yang, Yang, Tsai, Joe Biden, ’, Lo, Tai Ming Cheung, ” Cheung, Nancy Pelosi, ” Tsai, Chang, Xi Jinping, Xi, Cheung, ” Elsa Kania Organizations: Reuters, People’s Liberation Army, Thunder Tiger Group, “, Communist Party, Taiwan, Taiwan Affairs Office, U.S . Department of Defense, White, Pentagon ., Teal, University of California, PLA, U.S . House, Airborne, Washington -, Strategic & International Studies ., Royal United Services Institute, 20th Party Congress, UCSD, Center, New, New American Security, China's Ministry of Defense, Pentagon Locations: Russia, Ukraine, Taipei, Taiwan, China, Asia, United States, Australia, Japan, South Korea, America, Republic of China, “ China, Kinmen, Beijing, Washington, Pentagon . U.S, U.S, University of California San Diego, Chiayi, Strategic & International Studies . Ukraine, London, Chang Kong, Today, New American

☆ New leader of Moldovan region thanks exiled patron, backs ties with Russia
▼ + stars: | 2023-07-20 | by ( Alexander Tanas | ) www.reuters.com time to read: +2 min

CHISINAU, July 19 (Reuters) - The new leader of Moldova's region of Gagauzia expressed gratitude at her inauguration on Wednesday to a wealthy magnate jailed in absentia for fraud and stood by her calls for closer ties with Russia. The region's 140,000 residents have had an uneasy relationship with Moldovan authorities in three decades of independence from Soviet rule. Gutul pledged to uphold good ties with Turkey and Russia, as well as with Moldova's neighbours, Ukraine and Romania. In the election campaign, contested by a slate of pro-Russian candidates, she pledged to build closer ties with Russia and open a diplomatic mission in Moscow. Reporting by Alexander Tanas in Chisinau; Editing by Ron Popeski and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Gagauzia, Maia Sandu, Yevgeniya, Ilan Shor, Shor, Ilan, Gutul, Shor's, Sandu's, Alexander Tanas, Ron Popeski, Grant McCool Organizations: European Union, Moldovan, Moldova's Constitutional, Sandu's PAS, Thomson Locations: CHISINAU, Russia, Moldova, Ukraine, Israel, Gagauzia, Chisinau, Turkey, Romania, Moscow, Transdniestria, Russian

Helsinki, Finland CNN —More than 500 days after Russia launched its invasion of Ukraine, the war loomed over President Joe Biden’s weeklong, three-stop trip to Europe. Drama over Ukraine’s membershipUkraine was the top agenda item for NATO leaders in Vilnius, and the discussion of a pathway for the war-torn country to join the alliance prompted division among leaders. After meeting with Zelensky for more than an hour, Biden told reporters that he was able to reassure his Ukrainian counterpart. The former president raised the prospect of withdrawing from the alliance multiple times in 2018, The New York Times reported. I don’t think NATO’s ever been stronger,” Biden said during his meeting with Finland’s President Sauli Niinistö

Persons: Finland CNN —, Joe Biden’s weeklong, reasserting, Biden, Jens Stoltenberg, Ulf Kristersson, Recep Tayyip Erdoğan Monday, Erdoğan, ”, Volodymyr Zelensky, Zelensky, Donald Trump’s, Trump’s, –, ” Biden, Trump, Rishi Sunak, King Charles III, Putin, “, Stoltenberg, Wang Wenbin, Biden “, “ I’ve, Sauli Niinistö Organizations: Finland CNN, Russia, NATO, Zelensky, Vilnius University, Nordic, Senate, The New York Times, Foreign Affairs, Foreign Ministry, Microsoft, House, Lithuania, State, Government Locations: Helsinki, Finland, Russia, Ukraine, Europe, Washington, Turkey, Sweden, Ankara, Vilnius, London, Finnish, China, Beijing, Asia, Indonesia, Hiroshima

☆ Turkey Wants Syrian Refugees to Go Home - The New York Times
▼ + stars: | 2023-07-12 | by ( Joshua Levkowitz | ) www.nytimes.com time to read: +1 min

ANTAKYA, Turkey — It was the Syrians who were responsible for the earthquakes. That’s what a Turkish man told Seyfeddin Selim, a refugee from Homs, Syria, who used to sell groceries in Antakya, the capital of Hatay province in southern Turkey. When the earthquakes hit in February, Mr. Selim’s shop was cleared out by looters before he could get there. Turkey is host to the largest number of refugees of any country in the world — and currently about 3.6 million Syrian refugees. For the first few years after the Syrian conflict began in 2011, Turkey’s open-door policy was a source of national pride, and Turkey was lauded for its emergency care.

Persons: Seyfeddin Selim, Selim’s, Selim didn’t, Turkey’s Organizations: Mr Locations: ANTAKYA, Turkey, Turkish, Homs, Syria, Antakya, Hatay

☆ Analysis: President Joe Biden just secured a big win from his Europe trip
▼ + stars: | 2023-07-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —President Joe Biden has already secured a powerful deliverable from his Europe trip – one that will weaken Russia’s strategic position in another detrimental consequence of its invasion of Ukraine. Once Sweden finally joins NATO, it will bolster Biden’s reputation as a US leader who reinvigorated and expanded the bloc. Biden had said before leaving the US that Ukraine was not ready to join. Erdogan’s move was also a severe blow to Russian President Vladimir Putin. “This really isn’t about Sweden, this is about the United States and Turkey and Turkey’s role,” she told Jake Tapper.

Persons: Joe Biden, Recep Tayyip Erdogan, Finland –, Ukraine –, George H.W, George H.W . Bush, Biden, Erdogan’s, Vladimir Putin, Putin, Erdogan –, –, Russia’s, Erdogan, Jens Stoltenberg, ” Stoltenberg, Jake Sullivan, Ulf Kristersson, “, ” Sullivan, Chuck Schumer, ”, Stoltenberg, Sen, Bob Menendez, Menendez, National Intelligence Beth Sanner, Jake Tapper, Volodymyr Zelensky Organizations: CNN, NATO, European Union, Kremlin, West, East, NATO “, Swedish, New, New York Democrat, America, EU, Kurdistan Workers ’ Party, Senate Foreign Relations, The New, The New Jersey Democrat, “, National Intelligence Locations: Europe, Ukraine, Lithuania, Sweden, Turkey, Finland, George H.W ., Germany, Russia, United States, Washington, Syria, Madrid, Vilnius, ”, New York, Ankara, Eurasia, Turkish, Stockholm, Greece, The, The New Jersey, “ Turkey, Mariupol

Erdogan's ties to Russian President Vladimir Putin have weighed on Turkey's relations with its traditional Western allies for years, along with other factors including concern over his increasingly autocratic rule. "Turkey doesn't want the Turkish-Russian relationship to be badly hurt, but this will inevitably have an impact on relations. Ankara has been important to Moscow as Erdogan has refused to join Western sanctions against Russia over the Ukraine invasion. 'ROSE-TINTED SPECTACLES'The Kremlin said it intended to develop relations with Turkey "despite all the disagreements". In 2009, Cyprus blocked six out of the 35 chapters Turkey must conclude as part of its EU accession negotiations.

Persons: Erdogan, Tayyip Erdogan, Vladimir Putin, Volodymyr Zelenskiy, Dalay, Washington, Biden, Putin, Dmitry Peskov, Peskov, Evren Balta, Orhan Coskun, Tom Perry, Mark Heinrich Our Organizations: NATO Russian, NATO, Western, Analysts, Ukraine, Chatham, VISA, Turkish, Reuters, Kremlin, Russia, European Union, EU, Union, Ozyegin University, Thomson Locations: Sweden, Turkey, Washington, ANKARA, ISTANBUL, U.S, Russia, Ukraine, Ankara, Moscow, Turkish, NATO, Republic of Turkey, Europe, Cyprus

☆ This Clever Crossbody Bag Is My Secret to Stress-Free Travel Days
▼ + stars: | 2023-06-26 | by ( Hannah Selinger | ) www.wsj.com time to read: +4 min

Until, that is, a friend familiar with my travel-purse struggles surprised me with the gift of my new travel savior: the July “Carry Me” Bag. My small, handy purse helped me navigate a new-to-me place with ease, thanks to its clever construction. The Carry Me bag, available in seven different colors—I prefer the Clay hue—is no ordinary travel bag; I’ve had plenty of those. On hot days on my trips to both Turks & Caicos and Türkiye, being able to quickly open my bag and reach for my sunnies was essential. The Carry Me Bag also comes with a detachable, adjustable strap—an essential for my traveling purposes.

Persons: Hannah Selinger, fanny, it’s, I’m Locations: Caicos , New York, Türkiye, Istanbul, Australian

"It is clear that to ensure economic confidence, legal consistency is a must," one of the senior officials said. Deniz Ozen, lawyer for the Turkish Workers' Party MP, said authorities are violating Turkish law by keeping him in jail. Emma Sinclair-Webb, Turkey director of Human Rights Watch, said a discredited justice system is a matter of concern especially for European investors. Reinforcing the apparent U-turn, Erdogan on Friday named Hafize Gaye Erkan as central bank governor, paving the way for interest rate hikes. "No matter the economic reforms, the investment will not significantly ramp up," he said.

Persons: Erdogan, Tayyip Erdogan, Mehmet Simsek, Simsek, Mehmet Gun, Orhan Turan, Turkey's, Osman, Deniz Ozen, Emma Sinclair, Hafize Gaye Erkan, Howard Eissenstat, Burcu Karakas, Jonathan Spicer, Catherine Evans Organizations: Better Justice Association, Istanbul Convention, Gazette, Bank, AK Party, of Human, Human Rights, Turkish Workers ' Party, Finance, St, Lawrence University, Thomson Locations: ISTANBUL, Turkey, Istanbul, Osman Kavala, Kavala, Webb

☆ TRYing times: The slide and fall of the Turkish lira
▼ + stars: | 2023-06-07 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

The central bank is however widely expected to get a new head in the coming days. Turkey's economy is no stranger to boom-and-bust cycles, oscillating between double-digit growth and contraction rates in recent years. 3/INFLATION PALPITATIONSA tumbling lira will fan fears over a fresh spike in inflation in the country which only last year saw it top 80%. "It's just so inevitable," Abrdn's head of local currency emerging market debt, Kieren Curtis, said referring to the lira's slump this week. He did add however that the compensation would be paid to depositors in lira rather than dollars or euros and that bill would be split between the Treasury and Central Bank.

Persons: Goldman Sachs, Ulrich Leuchtmann, Hasnain Malik, Erdogan, Tellimer's Malik, Kieren Curtis, Frank Gill, Tayyip Erdogan's, Karin Strohecker, David Evans Organizations: Wall, JPMorgan, FX, Reuters Graphics Reuters, International Monetary Fund, P Global, Treasury, Central Bank, Reuters, Thomson Locations: Ankara, Turkey, Commerzbank, Frankfurt, Tellimer

☆ What Turkey’s new cabinet says about where the country is headed
▼ + stars: | 2023-06-07 | by ( Gul Tuysuz | ) edition.cnn.com time to read: +8 min

The cabinet appointments hint at a return to orthodox economic policy while holding course on foreign policy as the president heads into his third decade in power. Erdogan’s unorthodox economic policies over the past few years have led to a cost-of-living crisis and a plummeting Turkish lira. Shadow diplomatThe new foreign minister is a well-known figure to Turks and international players who have negotiated with Turkey of late. Hakan Fidan, who had served as head of Turkish Intelligence Agency (MIT) since 2010, has been in every room and every discussion that has been pivotal to Turkish foreign policy over the last few years. He’s been ever-present but rarely heard – a shadow diplomat in Erdogan’s foreign policy arsenal who has charted rough waters in Syria, Libya and beyond.

Persons: Recep Tayyip Erdogan, Mehmet Simsek, –, Nureddin Nebati, ” Simsek, Erdogan, Simsek, Mehmet Celik, Cevdet Yilmaz, Omer Bolat, ” Celik, Hakan Fidan, He’s, Fidan, Ibrahim Kalin, “, ” Fidan, ”, Suleyman Soylu, Istanbul Ali Yerlikaya, Hulusi Akar, Mevlut Cavusoglu, They’ve Organizations: Istanbul CNN —, Reuters, Daily, Trade, CNN, NATO, Turkish Intelligence Agency, MIT, Kurdistan Workers ’ Party, EU, Defense, Development Party, AK Party Locations: Istanbul, Turkish Republic, Turkish, “ Turkey, Daily Sabah, Turkey, Syria, Libya, Greece, West, Celik, Damascus, Ankara, Sweden, Yerlikaya

☆ Shark attacks in the US occur most in these 12 states
▼ + stars: | 2023-06-05 | by ( Rupendra Brahambhatt | ) www.businessinsider.com time to read: +5 min

Shark attacks are more common in the US than in any other place in the world. But if you think shark attacks are only limited to remote and isolated islands, you'd be surprised to know that the US has seen more unprovoked shark attacks than any other country, by far, and many of these attacks happen near crowded beaches. Where the most shark attacks occur in the USSince the 16th century, 1,604 unprovoked shark attacks have been reported in the US, according to the International Shark Attack File. That's more than double the number of shark attacks in Australia, which holds the second-highest number of attacks at 691. "Shark attacks are rare and it is extremely rare for people to be eaten when they occur," Sorensen said.

Persons: —, Alexis Rosenfeld, Peter Sorensen, WENDELL TEODORO, James Sulikowski, Gavin Naylor, Sorensen Organizations: Service, Turks, South Carolina, North Carolina, Department of Fisheries, University of Minnesota, Florida Department of Environment Protection, Coastal Oregon, Experiment, AP, Florida Program, Shark Research, University of Florida Locations: Florida, Caicos, Buchan, Australia, America, Hawaii, California, South, North, Texas, Oregon, New York, Georgia, New Jersey, Alabama, Massachusetts, Virginia , Louisiana , Delaware

☆ Opinion | Fareed Zakaria on Where Russia’s War in Ukraine Stands — and Much More
▼ + stars: | 2023-06-02 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +96 min

Obviously, the line is not perfect, but I think that’s a very sensible line. And I don’t think that’s all about absorption capability. But I don’t think it’s fair to say that the Russians have done everything they can. fareed zakaria[LAUGHS] And by the way, I think that’s some key to understanding the alliance is a personal one. I think India, Israel, and Poland — usually, in the 70 percent-plus say they like — have a favorable view of America.

Persons: ezra klein, it’s, Fareed Zakaria, Zakaria, “ Fareed Zakaria, fareed zakaria, Ezra, Putin, They’ve, there’s, fareed zakaria It’s, they’re, It’s, Fidel Castro, Sean Penn, haven’t, you’re, won’t, Biden, They’re, Washington, Winston Churchill, Merkel, wouldn’t, —, Nancy Gibbs, Khomeini, Macron, Ron DeSantis, YouGov, fareed zakaria I’m, that’s, DeSantis, Lindsey Grahams, Mitch McConnell, Xi Jinping, ezra klein Yes, Xi, Gorbachev, Zelensky, Trump, Obama, Bush, United States —, McCarthy’s, I’ve, they’d, doesn’t, didn’t, ezra klein They’re, fareed zakaria They’re, we’ve, Simpson, I’m, Janet Yellen, Colin Powell, unquote, That’s, Jonathan Haidt, We’ve, he’s, fareed zakaria That’s, they’ve, fareed zakaria Well, gee, TikTok, we’re, George Kennan, Mike Gallagher, klein, Nirupama Rao, Bob Kagan, can’t, — fareed zakaria, Lord Mountbatten, Gandhi, Franklin Roosevelt, Ho Chi Minh, fareed zakaria Right, narratively —, Modi, you’ve, China’s —, fareed zakaria Modi, India’s, Advani, Vajpayee, you’d, There’s, India, Joe Biden, fareed zakaria I’ve, Benedict Anderson’s “, Orville Schell, John Delury, Sunil Khilnani, ezra klein Fareed Zakaria Organizations: CNN, The Washington Post, Putin, Starbucks, Russia, Revolutionary Guard, NATO, Ukrainian, Communist, European Union, U.S, Republican Party’s, Republican Party, Republicans, ASEAN, Trump, Defense, United, U.S ., Democrats, Chinese Communist Party, State, Facebook, Google, Soviet Union, Huawei, Twitter, South China Seas, Foreign Affairs, Yale Law, International Criminal, South China, . Security, Trade Organization, Pax Americana, Americana, New York Fed, America, Republican, Fox, Beijing Locations: ezra klein Russia, Ukraine, Russia, America, Europe, China, India, Russian, United States, Relatedly, Japan, Turkey, Holland, South Korea, Singapore, Iran, Venezuela, Central America, Southeast Asia, Washington, Britain, ‘, U.S, United Europe, Germany, Soviet Union, Vietnam, Beijing, Trump, Asia, Iraq, Hainan, Montana, Republic, Soviet, weirdly, South, Taiwan, Pakistan, New Delhi, South Africa, Kuwait, Russia’s, Eden, Saudi Arabia, Indonesia, Kashmir, it’s, Cuba, Pax, American, Mumbai, Shanghai, Israel, Poland, Indian, Nigeria

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