Middle East, Global Financial Crisis | featured news

Despite $19 billion in aid, Afghan crisis looms

Despite $18.8 billion spent by the U.S. to help stabilize and build up Afghanistan, that nation is at risk of falling into financial crisis when foreign troops leave in 2014, a new report from Senate Democrats says.

 

In Turkey, Banks Nudged to Cool a Sizzling Economy

In Turkey, Banks Nudged to Cool a Sizzling Economy

The country’s economy, which crashed in 1994 and 2001 and was set back by the global financial crisis, is showing signs of overheating, fueled by consumer spending.

 

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