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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...