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Middle East

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...

Iran's Revolutionary Guard holds military drill amid tension

TEHRAN, Iran (AP) — Iran's paramilitary Revolutionary Guard staged a major military exercise across the country's south on Monday amid heightened tensions over Tehran's nuclear program, state TV reported. The Guard’s aerospace division, ground troops and naval forces joined in the...

Defiant in war and isolation, Hamas plays long game in Gaza

 Each month, hundreds of trucks heavy with fuel, cement and other goods cross a plowed no man’s land between Egypt and the Gaza Strip — and Hamas becomes stronger. Hamas collects tens of millions of dollars a month in taxes and customs at the crossing in the border town of Rafah,...