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Israeli special forces raid largest hospital in southern Gaza amid ‘credible intelligence’ of hostages
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President Biden announced a $325 million security assistance package for Ukraine after meeting with Ukrainian President Volodymyr Zelenskyy on Thursday. Zelenskyy visited Washington, D.C., for the second time since the February 2022 Russian invasion of Ukraine. Capping his visit, which included meetings and discussions with lawmakers and Pentagon officials, Zelenskyy met with Biden at the […]
Tourism’s Strong Comeback: 1.3 Billion Trips in 2023
In 2023, global tourism bounced back significantly, reaching 88% of its pre-COVID-19 levels. This resurgence led to 1.3 billion international trips, as reported by the UNWTO. Last year’s tourism revenues hit $1.4 trillion, capturing 93% of 2019’s earnings. The UNWTO, a UN agency, advocates for responsible and sustainable tourism. Key drivers of this recovery were […]
Turkey’s Central Bank Raises Rate to 30% a 2003 Record
Turkey’s Central Bank raised the benchmark interest rate to 30% on Thursday, marking its highest level in nearly two decades. The move aims to combat near 60% yearly inflation. The bank revealed this strategy in an official statement. Rising oil prices contributed to higher-than-expected inflation in recent months. Accordingly, the bank plans more rate hikes […]