The Israeli government announced that a fourth dose of the COVID-19 vaccine will be offered to people older than 60 or those at higher risk of contracting COVID-19, such as immunocompromised people and health care workers. Israel’s health ministry announced Tuesday that the country’s Pandemic Expert Committee recommended the fourth shot. Prime Minister Naftali Bennett…
India Is in US ‘Zone of Influence,’ Putin Has Reasons to Engage With Modi, says Russian Expert
December 21, 2021
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NEW DELHI—It’s been two weeks since U.S. President Joe Biden and Russian President Vladimir Putin had a video call to discuss a range of issues on the U.S.-Russia agenda, including the United States’ and allies’ concerns about Russia sending troops to the Ukraine border. But just a day before the video call, Putin had made…
Turkish Lira Gains Traction After Erdogan Announces Measures to Safeguard Deposits in National Currency
The Turkish lira gained traction on Tuesday after President Recep Tayyip Erdogan’s government announced a number of measures to safeguard deposits in the national currency against currency fluctuations. The lira hit an all-time low of 18.36 against the U.S. dollar on Monday following weeks of volatility. But on Tuesday morning, it rebounded to a high of 11.09….
Turkey’s Erdogan Says He’s Cut Inflation to 4 Percent Before, Can Do Again
ANKARA—President Tayyip Erdogan said he had lowered Turkey’s inflation to around 4 percent before and that he will achieve that again, as it topped 21 percent following a push for aggressive cuts in interest rates that he has engineered. Erdogan has said that policy, which has sent the country’s lira crashing, was part of a…
Israel Adds US, Canada, 8 Others to CCP Virus ‘Red List’ Amid Omicron Concerns
The Israeli government on Monday agreed to add the United States and nine other nations to the list of “red” countries amid concerns over the spread of the Omicron variant of the CCP virus. The office of Israeli Prime Minister Naftali Bennett said in a Dec. 20 press release that government officials had approved in a telephone vote…
Palestinian Local Elections Spark Fresh Rifts Between Long-Standing Rivals Hamas and Fatah
Fresh rifts were reignited on Dec. 11 between long-standing rivals Hamas and Fatah during the first round of the Palestinian local elections. The elections, which include municipal councils and local government bodies, are typically held every four or five years and last took place in 2017. Sunday’s elections were held in the Israeli-occupied West Bank as opposed to the Gaza Strip,…
Turkish Stock Market Halts Trading Twice Amid Rampant Inflation
The Turkish stock market was closed twice on Friday after a devastating crash, as the country faces snowballing inflation and a floundering economy. The Istanbul Stock Exchange (Borsa) halted trading of equities, equity derivatives, and debt repo transactions on Friday at two separate times as the country’s economic crisis reached a new level of alarm….
Emirati Mall, Supermarket Billionaire Majid Al Futtaim Dies
DUBAI, UNITED ARAB EMIRATES—Emirati billionaire Majid Al Futtaim, who rose from working as a bank clerk to creating an eponymous business empire most known for its massive Dubai mall with an indoor ski slope, died on Friday. Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced Al Futtaim’s death in a post on Twitter, praising…
Officials: 22 Die in Istanbul From Bootleg Alcohol Poisoning
ANKARA, Turkey—At least 22 people have died in Istanbul and 16 others have been hospitalized and are in serious condition after drinking bootleg alcohol, the local governor’s office said Friday, as authorities intensified a crackdown on counterfeit drinks across Turkey ahead of New Year’s celebrations. Eleven of the dead, and five of those who had…
World Shares Advance After Fed Steps Up Stimulus Pullback
December 16, 2021
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Asia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyChina Human RightsChinese RegimeCompanieseconomic policiesEconomyEuropeExecutive BranchFedGold & CommoditiesHK BusinessHong KongIndiainflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechMiddle EastNew YorkNY NewsPoliticspullbackRegional-Local NewsSharesstimulustechnologyTexasUKUSUS NewsUS-China relationsWorld
Stocks have climbed in Europe and Asia, tracking Wall Street’s gains, after the Federal Reserve said it would accelerate its pullback of economic stimulus. Shares surged in Paris, Frankfurt, London, and Tokyo. New York futures and oil prices also advanced. The Fed said it would likely raise interest rates three times next year to tackle…
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