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Record spending by tourists in 2017: US government

Spending by tourists visiting the United States inched higher in 2017, setting a new record and accounting for about a tenth of all US exports, the Commerce Department reported Wednesday. Nearly 77 million international visitors -- including pleasure-seekers, students and medical...

Turkey reinforces military positions in Idlib

Turkey is reinforcing its military posts inside Syria’s rebel-held province of Idlib, Turkish and Syrian rebels sources say, seeking to deter a government offensive that it says would unleash a humanitarian disaster on its border. President Recep Tayyip Erdogan has warned that an assault by...

U.N.: Palestine’s economy is ‘unacceptable’

Palestinian citizens are trapped in an economy of jobless growth with no prospects, especially in Gaza, which is undergoing “de-development,” the United Nations trade and development agency UNCTAD said in an annual report published Wednesday. It said unemployment in the Palestinian...

Erdogan names himself Turkey fund chairman in shakeup

President Recep Tayyip Erdogan appointed himself chairman of Turkey’s sovereign wealth fund and got rid of the entire management staff that had presided over two years of inaction. Zafer Sonmez, head of Turkey and Africa for Malaysia’s government investment vehicle Khazanah Nasional Bhd, was...