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Turkey moves assets to wealth fund for funding megaprojects

The Turkish government has ordered the transfer of billions of dollars in state assets to a sovereign wealth fund, in a huge shake-up of holdings aimed at financing ambitious infrastructure projects championed by President Recep Tayyip Erdogan. The assets being transferred to the sovereign...

Iran's missile test "not a message" to Trump

Iran said Monday a recent missile trial launch was not intended to send a message to new U.S. President Donald Trump and to test him, since after a series of policy statements Iranian officials already "know him quite well." Iran test-fired a new ballistic missile last week, prompting...

Legal battles to test Trump and his immigration ban

 President Donald Trump's temporary immigration ban faced on Monday the first of several crucial legal hurdles that could determine whether he can push through the most controversial and far reaching policy of his first two weeks in office. On Monday, the government has a deadline to...