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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...

Virus fears trigger more holiday cancellations, restrictions

BOSTON (AP) — The nation’s second-largest city called off its New Year’s Eve celebration Monday, and its smallest state re-imposed an indoor mask mandate as the omicron variant leaped ahead of other variants to become the dominant version of the coronavirus in the U.S. Omicron...

Iran's Revolutionary Guard holds military drill amid tension

TEHRAN, Iran (AP) — Iran's paramilitary Revolutionary Guard staged a major military exercise across the country's south on Monday amid heightened tensions over Tehran's nuclear program, state TV reported. The Guard’s aerospace division, ground troops and naval forces joined in the...