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Trump imposes sanctions on Turkey, says prepared to swiftly destroy its economy

Tuesday, October 15, 2019, 8:21 PM

Protesting Turkey's military offensive in northeast Syria, US President Donald Trump has announced sanctions against Turkish officials, raising of steel tariffs and ending negotiations on a USD 100 billion trade deal. Trump has signed an executive order that empowers his administration to slap sanctions on Turkey. During the 2016 presidential campaign, Trump had promised to bring back US troops from Syria and Afghanistan.
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Turkish invasion of north Syria has resulted in widespread casualties: Pentagon

Tuesday, October 15, 2019, 8:20 PM

The "unilateral invasion" of northern Syria has resulted in widespread casualties and destruction, US Defense-Secretary Mark Esper said. This has also undermined the successful multinational "Defeat ISIS" mission in Syria, Mark Esper said. Esper will be visiting NATO next-week in Brussels and he plans to press members of the alliance to take collective and individual diplomatic and economic measures in response to Turkish actions.
 
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Indian economy doing very badly, says Nobel awardee Abhijit Banerjee

Tuesday, October 15, 2019, 8:17 PM

Indian-American Abhijit Banerjee, who jointly won the 2019 Nobel Economics Prize with his wife Esther Duflo and Harvard's Michael Kremer, said that the Indian economy is "doing very badly" even as the government is increasingly recognising that there is a problem. "The economy is doing very badly in my view," he told a press-conference at the Massachusetts Institute of Technology after winning the prize.

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