Tag: World news

Twitter kills pro-Saudi “botnet” spreading Khashoggi disinformation tweets

Twitter today pulled down a disinfo bot network that was amplifying pro-Saudi talking points about disappeared journalist Jamal Khashoggi, who is presumed to have been tortured and killed on orders of the government of Saudi Arabia. NBC reports that Twitter became aware of the crisis Thursday, when an NBC News reporter presented the social media […]

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U.S. got $100 million from Saudi Arabia on the same day Pompeo was in Riyadh

No wonder he was smiling. The United States received $100 million from Saudi Arabia on Tuesday, which coincidentally, so weird!, was the same day Secty. of State Mike Pompeo landed in Riyadh to laugh and smile with Saudi Crown Prince Muhammad bin Salman about missing Washington Post journalist Jamal Khashoggi. The money arrived, but not […]

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Photos of the week: Oct. 6-13

Here are photos from stories that happened last week. Scroll through to see if you’ve missed any. The Associated Press contributed to this gallery. Like WTOP on Facebook and follow @WTOP on Twitter to engage in conversation about this article and others. © 2018 WTOP. All Rights Reserved. This website is not intended for users […]

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Washington Post worried about Saudi writer missing in Turkey

DUBAI, United Arab Emirates (AP) — A Saudi journalist critical of the kingdom’s new assertive crown prince in columns for The Washington Post has gone missing after visiting the Saudi Consulate in Istanbul, the newspaper said Wednesday, raising concerns over his safety. Jamal Khashoggi’s personal website bore a banner saying “Jamal has been arrested at […]

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Cardinal Donald Wuerl plans to discuss resignation with Pope Francis

WASHINGTON — Cardinal Donald Wuerl wrote in a letter to priests Tuesday that he will talk to Pope Francis “in the near future” to discuss his possible resignation. Wuerl’s decision to travel to Rome comes after St. Matthew’s Cathedral and many local Catholics called for his resignation over the handling of sex abuse allegations by Catholic […]

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Photos of the week: Sept. 1-8

Here are some photos from stories that happened last week. Scroll through to see if you’ve missed any. The Associated Press contributed to this gallery. Like WTOP on Facebook and follow @WTOP on Twitter to engage in conversation about this article and others. © 2018 WTOP. All Rights Reserved. This website is not intended for […]

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Letter confirms Vatican received McCarrick complaint in 2000

VATICAN CITY (AP) — A 2006 letter from a top Vatican official confirms that the Holy See received information in 2000 about the sexual misconduct of now-resigned U.S. cardinal, lending credibility to bombshell accusations of a cover-up at the highest echelons of the Roman Catholic Church. Catholic News Service, the news agency of the U.S. […]

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Photos of the week: Aug. 25-Sept. 1

Here are photos from stories that happened last week. Scroll through to see if you’ve any. Cindy McCain, wife of, Sen. John McCain, R-Ariz. lays her head on casket during a memorial service at the Arizona Capitol on Wednesday, Aug. 29, 2018, in Phoenix. (AP Photo/Ross D. Franklin, Pool) The Associated Press contributed to this […]

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Photos of the week: Aug. 18-25

Here are photos from stories that happened last week. Scroll through to see if you’ve missed any. Work began Thursday on the Interstate 66 Potomac River Freeway, uncovering a roadside relic and evoking memories of an ambitious and contentious era in highway design. The workers in bucket trucks used grinder saws, hammers and screwdrivers to […]

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Lira rallies as Turkey pledges spending cuts to avoid IMF bailout

Turkey’s finance minister sparked a recovery in the lira after he addressed thousands of international investors, pledging to protect beleaguered local banks and cut public spending to prevent the country defaulting on its loans. Berat Albayrak, who has faced criticism for failing to tackle the country’s growing financial crisis, spoke to around 6,000 investors on […]

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Turkish lira rallies as Qatar makes $15bn loan pledge

Turkey’s beleagured currency has bounced back from record lows after Qatar pledged to shore up the banking sector’s shaky finances with loans worth $15bn (£11.8bn). A week after a diplomatic spat with the US sent the lira into a tailspin, the agreement with Qatar was calculated to help Turkey avoid having to ask the International […]

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RBS bankers joked about destroying the US housing market

RBS bankers joked about destroying the US housing market after making millions by trading loans that staff described as “total fucking garbage”, according to transcripts released as part of a $4.9bn (£3.8bn) settlement with US prosecutors. Details of internal conversations at the bank emerged just weeks before the 10-year anniversary of the financial crisis, which […]

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Erdoğan says Turkey will boycott US electronic products

Recep Tayyip Erdoğan has said Turkey will boycott electronic products from the US, as he issued another defiant response to sanctions imposed in a dispute over the detention of an American evangelical pastor. The US measures have accelerated a currency crisis in Turkey, though the lira rallied slightly on Tuesday from a low of seven […]

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Venezuela crisis: Maduro to raise fuel prices to combat smuggling

Venezuela’s heavily subsidised domestic fuel prices should rise to international levels to avoid billions of dollars in annual losses as a result of smuggling, Nicolás Maduro has said in a televised address. “Gasoline must be sold at an international price to stop smuggling to Colombia and the Caribbean,” the president said. Like most oil-producing countries, […]

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Turkish lira record low ripples through global currency markets

A fresh plunge in the Turkish lira sent tremors through global currency markets on Monday, amid fears that the failure of Recep Tayyip Erdogan’s government to tackle its worsening financial crisis would have a domino effect on other vulnerable countries. Argentina’s central bank raised its key interest rate by five percentage points to 45% following […]

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Erdoğan’s high-risk path is surely leading Turkey to the IMF | Nils Pratley

There is not an easy way for Turkey to escape its financial crisis but three measures that might contain the coming pain would be these. First, raise interest rates to try to put a floor under the plunging lira. Second, tone down the bellicose rhetoric and certainly don’t pick new fights with the US. Third, […]

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Trump misunderstanding over prisoner fuelled lira crisis – Ankara sources

The currency plunge imperilling Turkey’s economy has been fuelled by a standoff between Donald Trump and Recep Tayyip Erdoğan over the fate of a Turkish woman detained in Israel whose freedom the US president brokered, and an American pastor held in Turkey whose release he demands in return, officials in Ankara have claimed. Turkish leaders […]

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Blow for coal power as EU carbon emissions price hits 10-year high

The amount polluters pay for emitting carbon in the EU has hit a 10-year high, in a blow for coal power station owners and a boost for renewable energy. The price of carbon in the bloc’s emissions trading scheme reached €18 (£16) per tonne on Monday, triple the level a year ago. About 12,000 factories […]

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How serious is Turkey’s lira crisis and what are the implications?

How serious is Turkey’s crisis? Bad and getting worse by the day. Over the past five years, Turkey’s growth has been virtually keeping pace with that of China and India but it is now displaying the classic signs of overheating: a large trade deficit, a construction boom and soaring debt. Financial markets have taken fright […]

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