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British PM Johnson calls for general election on December 12

Prime Minister Boris Johnson called on Thursday for a general election on Dec. 12 to break Britain’s Brexit impasse, a goal the leader has sought but so far failed to push through parliament. Johnson said in a letter to opposition Labour leader Jeremy Corbyn he would hand parliament more...

NATO hammers Turkey on Syria operation

NATO defence ministers Thursday slammed Turkey for its military operation in Syria conducted with Russia's help, but recognised there was little they could do to sanction their strategically important ally. The first day of a two-day meeting of the ministers in Brussels was dominated by the...

Turkish central bank slashes rates as threat of sanctions fades

Turkey's central bank slashed rates by a more than expected 250 points to 14 percent Thursday, taking advantage of an inflation dip and a steadier lira after Washington cancelled just-announced sanctions over a military incursion into Syria. The bank lowered its benchmark one-week repo rate...