The Turkish lira swings wildly as Erdogan's big gamble continues

Turkey's experiment in cutting interest rates to fight inflation has sent its currency crashing to record lows this year. Now, President Recep Tayyip Erdogan is trying to prop up the lira with a raft of new unorthodox economic measures.


Chinese 'live-streaming queen' hit with huge tax evasion penalty

Chinese live-stream shopping influencer Huang Wei, known as Viya, has received a $210 million penalty for tax evasion and has been kicked off social media. It's the largest penalty ever imposed on a live-streamer, according to the Chinese state tabloid Global Times, and a sign of the Chinese government's pressure campaign on internet celebrities.


Philippines' Typhoon Rai death toll rises further as some areas remain cut off from help

The death toll from the strongest typhoon to hit the Philippines this year surpassed 300 on Tuesday as humanitarian agencies warned the true scale of destruction remains unknown, partly because rescue workers are unable to access some disaster-hit areas.


Tigrayan forces pull out of neighboring Ethiopian regions in step toward possible ceasefire

The leader of Ethiopia's northern Tigray region announced a withdrawal of rebel forces from neighboring areas in the country on Sunday, a move that could signal the possibility of a ceasefire after 13 months of war.


Russian businessman with Kremlin ties extradited to US and charged in multi-million-dollar insider trading scheme

A Russian businessman was extradited to the US this weekend from Switzerland to face charges in an insider trading scheme worth tens of millions of dollars for allegedly hacking into US computer networks, the Justice Department announced on Monday.


Why the mask mandate on planes is good for business

Southwest Airlines CEO Gary Kelly stirred up some controversy Wednesday when he suggested that wearing masks on planes did little to prevent the spread of Covid.


'The world's best place to be a woman' is being sued for misogyny

The bruises on Maria Árnadóttir's body were numerous, ranging in color from pale yellow to deep purple.


Leftist Gabriel Boric, 35, wins Chile's presidential election

Leftist and former student leader Gabriel Boric, 35, will become Chile's youngest President after he won a presidential runoff election on Sunday.


Analysis: Xi Jinping has been taking on China's capitalists. That will change in 2022

One year ago, Chinese leader Xi Jinping pledged to spend 2021 reining in "disorderly" private businesses that were growing too powerful and taking on too much risk.


Hong Kong sees record low voter turnout

Hong Kong's first "patriots only" legislative election witnessed a record low turnout on Sunday, reflecting a steep decline in civic and political engagement following Beijing's overhaul of the city's electoral processes.