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Turkey lira hits record low against dollar

Turkey's lira hit a record low against the US dollar Thursday as traders worried over the impact of the coronavirus crisis on the Turkish economy and Ankara's policies. The lira was trading at 7.23 to the dollar, down 0.6 percent just before 1000 GMT, after reaching a record low of 7.24...

Trump vetoes measure limiting his war powers in Iran

U.S. President Donald Trump vetoed Wednesday what he called a "very insulting" congressional resolution seeking to limit his war powers in Iran. In a statement, Trump said he had used his veto because the resolution -- a rare bipartisan rebuke to the president approved in March -- was based...

Former Iraqi intelligence chief approved as new premier

Iraq’s former spy chief was sworn in as prime minister by lawmakers early Thursday after weeks of tense political negotiations as the country faces a severe economic crisis spurred by plummeting oil prices and the coronavirus pandemic.  The majority of 255 legislators attending the...