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State TV: Recalled Iranian diplomat to Yemen dies of COVID

Iran's top diplomat to Yemen died Tuesday after reportedly contracting the coronavirus, Iranian state TV said, just days after he was abruptly recalled from his mission in the war-torn nation. State-run media in Iran said Ambassador Hassan Irloo had become infected with the coronavirus in...

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...