Turkish lira declines to record lows following start of Erdogan’s new presidential term
Published Tue, 05 Nov 2024 08:05:07 GMT
ANKARA, Turkey (AP) — The Turkish lira tumbled to a fresh record low Wednesday, extending its slide against the U.S. dollar since President Recep Tayyip Erdogan started his third term.The lira weakened by more than 6% on Wednesday hitting 23.15 against the dollar. The decline took the currency’s loss since the appointment of Erdogan’s new government to 8%. The currency has weakened by around 20% since the start of the year.The Turkish currency has declined in value since 2021 due to what economists say is Erdogan’s insistence on keeping borrowing costs low to stimulate growth despite skyrocketing inflation. The policy runs contrary to conventional economic approaches that call for higher interest rates to tame inflation.Analysts say Erdogan’s government propped up the lira in the run-up to Turkey’s presidential and parliamentary elections last month, using foreign currency reserves to keep the exchange rate under control.On Saturday, Erdogan reappointed Mehmet Sims...White woman who fatally shot Black neighbor is arrested in Florida
Published Tue, 05 Nov 2024 08:05:07 GMT
OCALA, Fla. (AP) — A Florida woman accused of fatally shooting her neighbor last week in the violent culmination of what the sheriff described as a 2 1/2-year feud was arrested Tuesday, the Marion County Sheriff’s Office said.Susan Louise Lorincz, 58, who is white, was arrested on charges of manslaughter with a firearm, culpable negligence, battery and two counts of assault in the death of Ajike Owens, a Black mother of four, Sheriff Billy Woods said in a statement.Authorities came under pressure Tuesday to arrest and charge the white woman who fired through her front her door and killed a Black neighbor in a case that has put Florida’s divisive stand your ground law back into the spotlight. Woods said that this was not a stand your ground case but “simply a killing.”When interviewed, Lorincz claimed that she acted in self-defense and that Owens had been trying to break down her door prior to her discharging her firearm. Lorincz also claimed that Owens had come after her in the pas...NATO allies prepare unprecedented air deployment exercise over Europe in show of force to Russia
Published Tue, 05 Nov 2024 08:05:07 GMT
BERLIN (AP) — Germany is preparing to host the biggest air deployment exercise in NATO’s history, a show of force intended to impress allies and potential adversaries such as Russia, German and American officials said Wednesday.The Air Defender 23 exercise starting next week will see 10,000 participants and 250 aircraft from 25 nations respond to a simulated attack on a NATO member country. The United States alone is sending 2,000 U.S. Air National Guard personnel and about 100 aircraft to take part in the training maneuvers. “This is an exercise that would be absolutely impressive to anybody who’s watching, and we don’t make anybody watch it,” U.S. Ambassador to Germany Amy Gutmann said.“It will demonstrate beyond a shadow of a doubt the agility and the swiftness of our allied force in NATO as a first responder,” she said.“I would be pretty surprised if any world leader was not taking note of what this shows in terms of the spirit of this alliance, which means the strength of...In The News for June 7 : Will the Bank of Canada hike its interest rate?
Published Tue, 05 Nov 2024 08:05:07 GMT
In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what’s on the radar of our editors for the morning of June 7 …What we are watching in Canada …The Bank of Canada is set to announce its interest rate decision this morning as speculation about another rate hike heats up. Recent economic data suggests the Canadian economy is running hotter than forecasters had expected, raising concerns about the inflation outlook. Last week, Statistics Canada reported real gross domestic product grew at an annualized rate of 3.1 per cent in the first quarter, while a preliminary estimate suggests it expanded again in April. Economists — many of whom expected high interest rates to send the economy into a recession by now — say the recent data suggests the central bank may have to hike interest rates again to get inflation back to the two per cent target.The Bank of Canada, which paused its rate-hiking cycle earlier this year after ra...UN judges declare elderly Rwandan genocide suspect unfit to stand trial due to dementia
Published Tue, 05 Nov 2024 08:05:07 GMT
THE HAGUE, Netherlands (AP) — United Nations judges have declared an elderly Rwandan genocide suspect unfit to continue to stand trial because he has dementia and say they will establish a procedure to continue to hear evidence without the possibility of convicting him.The majority decision published Wednesday by judges at the International Residual Mechanism for Criminal Tribunals means that no guilty verdict can be reached in the trial of Félicien Kabuga, one of the last fugitives charged over the 1994 genocide.Medical experts who have been closely monitoring his health in a U.N. detention unit in The Hague say that the “consequences of dementia deprive Mr. Kabuga of the capabilities necessary for meaningful participation in a trial” and add that “he will not recover these capacities because his condition is characterized by progressive and irreversible decline.”The 88-year-old is accused of encouraging and bankrolling Rwanda’s 1994 genocide. His trial began last year, nearl...Poet Vivek Shraya duets with Donovan Woods in new song ‘Colonizer’
Published Tue, 05 Nov 2024 08:05:07 GMT
TORONTO — Poet, playwright and musician Vivek Shraya has contemplated the layers of white supremacy in her work, but on a new project, she’s getting far more personal about the subject.“Colonizer,” a duet with Juno Award winner Donovan Woods, is an upbeat love song that reflects on the “the complexity of being in an interracial relationship” told from two perspectives.Shraya, who is of South Asian descent, says the song was drawn from her experience as an artist who explores the impact of racism while also being in a romantic partnership with a white person for the past 11 years.The track is a half-acoustic, half-electric pop-rock effort that exchanges perspectives on the subject between Shraya and Woods, who appears as a stand-in for Shraya’s partner.She originally asked her partner to appear on the track to sing his side of their real-life relationship, but he “emphatically turned down” the request.So she turned to the raspy-voiced W...Griffin Poetry Prize winner to be announced at Toronto event tonight
Published Tue, 05 Nov 2024 08:05:07 GMT
TORONTO — The winner of the Griffin Poetry Prize is set to be announced at an event at Toronto’s Koerner Hall this evening.It will be the first winner since the Griffin combined its categories for homegrown and international poets into a single global purse worth $130,000.This also marks a change in format for the celebrations, which have been held virtually since the onset of the COVID-19 pandemic. But organizers aren’t going back to their pre-pandemic format either.In addition to merging the prizes, the Griffin Trust did away with its former arrangement of holding separate events for the poetry reading and a gala the following evening, where the winners would be announced.Instead, the shortlisted writers and the Griffin First Canadian Book winner will read from their work at the announcement, which the poetry-loving public can attend. This report by The Canadian Press was first published June 7, 2023.The Canadian PressCanadian forest fire centre responds to unprecedented wildfire season
Published Tue, 05 Nov 2024 08:05:07 GMT
Weather maps hang on the walls and precipitation reports flash across screens in the Winnipeg office where major decisions about Canada’s battle against an unprecedented wildfire season are made. Inside the Canadian Interagency Forest Fire Centre headquarters in Manitoba’s capital, just east of the exact longitudinal centre of Canada, there are discussions on how best to battle blazes from coast to coast.“It’s definitely an unprecedented season,” Jennifer Kamau, communications manager for the centre, said Tuesday.“It started early and it accelerated very quickly.”Federal officials warned this week that Canada could see its worst year for wildfire destruction. They said the risks from warm and dry conditions are forecasted to persist in nearly every province and territory through the summer. “This is a scary time for a lot of people,” Prime Minister Justin Trudeau said Monday.There were 415 active wildfires across the country as of Tuesday afternoon, an...Font gives fresh look to B.C. Indigenous languages while working on reconciliation
Published Tue, 05 Nov 2024 08:05:07 GMT
VANCOUVER — A new font to typeset Salish Indigenous languages means so much more than just the words that it will be used to write, one of the people behind its creation says. Vanessa Campbell, a Musqueam band member and staff member in its Language and Culture Department, was part of a team from the University of British Columbia that designed a new font which allows characters from the Musqueam language to not only be easily typed on a computer, but to match the formal institutional font used on university documentation and signs.The name of the Musqueam language is pronounced HUN-kuh-mee-num and in the Indigenous font it has characters that appear similar to inverted Es with accents over four other letters. Most of the characters in the name aren’t available on an English language keyboard. Campbell said it has taken four years of work to get the font right and is an example of reconciliation in action, and a sign of respect for the Indigenous people whose land the universi...Supporters of slain mining activist take case against Canada to international body
Published Tue, 05 Nov 2024 08:05:07 GMT
OTTAWA — Family and supporters of a Mexican activist who was killed after opposing a Canadian company’s mining project are taking their case to an international human rights body.The Justice and Corporate Accountability Project, a Canadian initiative by volunteer lawyers, is making a complaint to the Inter-American Commission on Human Rights on behalf of the family of Mariano Abarca.The complaint alleges that Canada failed to uphold its international human rights obligations by pressuring Mexican authorities to advance the mining project despite having knowledge about related threats to Abarca’s life. The activist’s supporters have exhausted legal avenues in the Canadian courts.The case stretches back to 2007, when Calgary-based Blackfire Exploration Ltd. opened a barite mine in Chiapas, Mexico, prompting local opposition, demonstrations and a blockade of a route to the project. After being beaten and threatened with death for leading protests over the mine’s...Latest news
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