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Turkish lira rebounds after Erdogan promise to help deposits

The Turkish lira was making significant gains Tuesday after the country’s president announced new measures to safeguard deposits in the national currency against currency fluctuations. The lira hit an all-time low of 18.36 against the U.S. dollar Monday but rebounded to a high of 11.09...

Turkey's Erdogan announces moves to encourage lira savings

Turkish President Recep Tayyip Erdogan on Monday announced a series of measures to encourage lira-denominated savings, easing the pressure on the beleaguered Turkish currency. Earlier in the day, the lira had tumbled to an all-time low of 18.36 against the dollar, after Erdogan over the...

2 women taken hostage in Paris by knife-wielding man

Two women were taken hostage by a knife-wielding man at a shop in Paris, police said on Monday, with the situation still being resolved. Police said on Twitter that they were sent to Paris’ 12th arrondissement after the man, who they said has been receiving psychiatric treatment, took the...

Virus fears trigger more holiday cancellations, restrictions

BOSTON (AP) — The nation’s second-largest city called off its New Year’s Eve celebration Monday, and its smallest state re-imposed an indoor mask mandate as the omicron variant leaped ahead of other variants to become the dominant version of the coronavirus in the U.S. Omicron...