Turkey’s lira tumbled to a record low of 8.6 versus the dollar on Friday as it took a hit from global inflation concerns, expectations that the central bank will soon cut interest rates and worries over possible early elections. The lira — by far the weakest performer in emerging markets …

The Fed has embarked on a massive expansionary quest in recent years. In 2020, total Reserve Bank assets rose from $4.2 trillion to $7.4 trillion amidst the pandemic and related government lockdown and fiscal “stimulus” policies. That was roughly three times the extraordinary growth in the consolidated balance sheet for …

Former U.S. Secretary of State Mike Pompeo has made more detailed allegations about Iran’s secretive relationship with al-Qaida, rekindling a debate about how the United States should respond to the decades-old cooperation between its Mideast rival and the anti-American terrorist network. In an interview that aired Friday on VOA Persian’s …