World

ISTANBUL: Turkiye’s central bank lowered its key interest rate on Thu­r­sday, the first cut in nearly two years as it battles with double-digit inflation. The bank’s monetary policy committee decided to reduce the policy rate from 50 per cent to 47.5pc, with a statement citing improvement in “inflation expectations and pricing behaviour”. The last cut…

Russia’s arms control point man cautioned Donald Trump’s incoming administration on Friday that Moscow was considering a whole range of possible steps on nuclear testing due to what it said was Trump’s radical position on the issue. The Kommersant newspaper quoted Deputy Foreign Minister Sergei Ryabkov, who oversees arms control, as saying that Trump took…

India announced seven days of state mourning on Friday after the death of former prime minister Manmohan Singh, one of the architects of the country’s economic liberalisation in the early 1990s. Singh, who held office from 2004 to 2014, died at the age of 92 late on Thursday evening at a hospital in New Delhi….

At least 69 people died, including 25 Malian nationals, after a boat headed from West Africa to Spain capsized off Morocco on December 19, Malian authorities said. The makeshift boat was carrying around 80 people when it capsized. Only 11 survived, the ministry of Malians abroad said in a statement on Thursday, after collecting information…

A majority of South Korea’s parliament voted on Friday to impeach acting president Han Duck-soo. Prime Minister Han has been acting president since President Yoon Suk Yeol was impeached on December 14 over his short-lived imposition of martial law on Dec 3, and his presidential powers were suspended. After Han’s impeachment, Finance Minister Choi Sang-mok…

Osamu Suzuki, an ingenious pennypincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94. He died on Christmas Day of lymphoma, said the company, which he steered ambitiously, during his time as either chief executive or chairman,…

New Delhi: Sharmistha Mukherjee, the daughter of former President late Pranab Mukherjee, has criticised Congress President Mallikarjun Kharge’s proposal to Prime Minister Narendra Modi, seeking a separate memorial for former Prime Minister Dr Manmohan Singh. Dr Manmohan Singh died of age-related illnesses at Delhi’s All India Institute of Medical Sciences (AIIMS) on Thursday night. He…

Australia’s Steve Smith credited a last-session breakthrough, including the dramatic run-out of Indian opener Yashasvi Jaiswal at the end of the second day’s play as the turning point in the Boxing Day Test that could decide the outcome of the Border-Gavaskar Trophy series. Smith highlighted the mix-up between Jaiswal and Virat Kohli as…

Jerusalem: An Israeli military operation Friday targeting Hamas militants near the Kamal Adwan Hospital has put the last major health facility in northern Gaza out of service, the World Health Organization said. “Initial reports indicate that some key departments were severely burnt and destroyed during the raid,” the WHO said in a statement on X….