NATO

Turkish Lira Hits Record Low After Erdogan Seeks Mass Expulsion of Western Envoys

The Turkish lira fell 1.6  percent to a record low against the dollar on Monday, causing fresh anxiety for nervous investors. The Turkish currency hit a few record lows last week, but plunged again to an all-time rock bottom after President Recep Tayyip Erdogan declared his intention to expel the ambassadors of the United States, France, Germany, and seven other Western nations.

erdogan

NATO Expels Half of Russia’s Mission, Accusing Them of Espionage

The North Atlantic Treaty Organization (NATO) on Wednesday expelled eight members of Russia’s mission, cutting it down to half size, and reduced the maximum size of the mission to 10 members from 20. NATO said the individuals it expelled were “undeclared Russian intelligence officers.”

Russian President Vladimir Putin speaks with Russia's local authorities during a video link meeting at the Novo-Ogaryovo state residence outside Moscow on October 4, 2021. (Photo by Evgeny Paulin / SPUTNIK / AFP) (Photo by EVGENY PAULIN/SPUTNIK/AFP via Getty Images)