World News

Developing world devaluations have sent global stock markets into a funk and stoked fears of an intensifying global currency war.

Iran will be allowed to use its own inspectors to investigate a site it has been accused of using to develop nuclear arms, operating under a secret agreement with the U.N. agency that normally carries out such work, according to a document seen by The Associated Press.

The U.S. Army will withdraw two Patriot air defense missile batteries and their approximately 300 support personnel from Turkey in October, according to a joint announcement by the U.S. embassy in Ankara and the Turkish government.

The Chinese and Russian navies are gearing up for their largest-ever joint exercises, slated to begin Thursday in the Pacific with more than 20 ships and featuring anti-submarine operations as well as a joint-beach landing.

The United States has raised the stakes in staring down an increasingly hostile Kremlin, sending another wave of tanks, planes and troops to reinforce a nervous Europe.

A fighter proclaiming allegiance to Islamic State has appeared in a video urging fellow Turks to rebel against “infidel” President Tayyip Erdogan and help conquer Istanbul, highlighting the threat the NATO member faces as it battles the radical insurgents.

Despite a ban on arms shipments to Iran under international sanctions, Russia appears willing to proceed with the sale of advanced S-300 surface-to-air missiles to the country – in a development triggering objections from the Obama administration.

The United Nations Security Council on Monday backed a new push for peace talks in Syria in a measure adopted by Damascus ally Russia and the other 14 member states, AFP reports.

The fate of Iran’s nuclear deal with world powers is still undecided but it will not leave the country open to US influence, supreme leader Ayatollah Ali Khamenei said Monday.

The foreign ministers of Russia and Iran held talks in Moscow on Monday, a meeting that had been expected to focus on the implementation of the nuclear deal between Tehran and world powers, as well as international efforts to mediate the conflict in Syria.

Fighting has escalated in Ukraine six months after a ceasefire was supposed to end hostilities, raising fears that Russian-backed separatists could soon launch another offensive as the West focuses on other global crises.

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.

Iran’s Supreme Leader Ayatollah Ali Khamenei is opposed to a landmark nuclear deal reached with world powers last month, a prominent Iranian hard-liner claimed Saturday.

Ecuador’s government declared a nationwide state of emergency Saturday to prepare for a possible major eruption of a snow-capped volcano south of the nation’s capital, Quito, Bloomberg reported.

Fidel Castro marked his 89th birthday Thursday by insisting the United States owes Cuba “many millions of dollars” because of the half-century-old American trade embargo.

The United States launched its first manned air strikes against Islamic State targets from the Incirlik Air Base in Turkey on Wednesday, the U.S. military said.

Some 81 House Democrats have urged President Obama to tell agencies that the Helms amendment does not ban all U.S. foreign aid-related abortions, but permits those in cases of rape, incest and when the life of the mother is endangered.

Russia and Nato are actively preparing for war with one another amid the greatest build up of military tension in Europe since the end of the Cold War, a new report says.

China devalued the yuan by the most in two decades, a move that rippled through global markets as policy makers stepped up efforts to support exporters and boost the role of market pricing in Asia’s largest economy, Bloomberg reported.

President Barack Obama approved of Iran’s right to operate a nuclear program in 2011 during secret meetings with Iranian officials, according to new disclosures by Iran’s Supreme Leader.