Rupee plummets to historic low of 70.09 on Turkish lira collapse

Mumbai, Aug 14 (PTI) Rerversing all its early gains, the rupee today collapsed to a life-time low of 70.09 against the US dollar, falling 16 paise amid fears that Turkish economic crisis could lead to a global financial meltdown.

The ongoing currency turmoil in Turkey has dampened investors' sentiments globally. Investors are turning to dollar as safe haven with Turkeys currency lira crisis continuing since the last week.

Yesterday, the rupee had plunged by Rs 1.08, or 1.57 per cent, to a record low of 69.93 against the US currency.

Israel arrests 16 Palestinians in West Bank raids

By Qais Abu Samra

RAMALLAH, Palestine; 14 Aug 2018; AA: Israeli forces have rounded up 16 Palestinians in raids carried out across the occupied West Bank, according to local residents on Tuesday.

An Israeli force raided a number of homes in the West Bank city of Hebron and arrested two women, including the wife of Hamas lawmaker Mohamed Maher Badr, local residents said.

Four Palestinians were also arrested by Israeli forces in northern Hebron late Monday, according to the official Wafa news agency.

Germany: Fewer attacks on migrants

12 Aug 2018; DG: Germany has seen a marked reduction in the number of attacks on refugees and migrant shelters in 2018. Lawmakers have welcomed the lower numbers, but warn of an ongoing "intolerable state of everyday racism."

Germany saw just over 700 anti-migrant attacks in the first half of 2018, according to the latest Interior Ministry figures.

Russian, Iranian presidents held talks on August 12 - Kremlin

MOSCOW, August 13. /TASS/. Russian President Vladimir Putin and his Iranian counterpart Hassan Rouhani have discussed Washington’s actions on the global scene, the situation in Syria and bilateral agreements on the sidelines of the Caspian Summit on August 12, Kremlin Spokesman Dmitry Peskov told reporters.

"The situation linked to Washington’s actions was discussed, as well as bilateral Russian-Iranian relations and the situation in Syria - there was a wide variety of issues on the agenda," Peskov said.

Solar-powered aircraft beats world record by flying 25 days without fuels

NEW YORK, Aug. 13 (Xinhua) -- Airbus announced the successful landing of its solar-powered aircraft Zephyr S after it flew for over 25 days, setting a new world record of flight endurance without refuelling.

Zephyr S took off on July 11 in Arizona, the United States, and stayed aloft at over 70,000 feet (about 21.33 kilometers) for 25 days, 23 hours and 57 minutes, surpassing the old record of 14 days, 22 minutes and eight seconds set by an earlier Zephyr program variant.

Iran unveils next-generation ballistic missile

MOSCOW, August 13. /TASS/. The Iranian Defense Ministry has unveiled a next-generation Fateh Mubeen ballistic missile capable of evading radars and hitting targets with pinpointed accuracy, the news agency Tasnim reported on Monday.

The presentation ceremony was attended by Iranian Defense Minister Brigadier General Amir Hatami who congratulated the army and military designers with the completion of the work on the new missile.

2 Pakistani soldiers killed by Indian Army in J-K's Kupwara

Srinagar, Aug 14 (PTI) Two Pakistani troopers were killed by the Indian Army in response to ceasefire violations along the Line of Control (LoC) in Tangdhar sector of Jammu and Kashmir, a defence spokesman said here today.

Indian troops carried out operations last night after the ceasefire violations.

Ex-Australian archbishop avoids jail for concealing child abuse

14 Aug 2018; AFP: A former Australian archbishop convicted of concealing abuse by a notorious paedophile priest in the 1970s was confronted by enraged victims outside a courthouse Tuesday after a judge spared him jail and ordered he serve his sentence at home.

Philip Wilson became one of the highest-ranked church officials convicted of covering up child sex abuse when he was found guilty in May of concealing crimes by priest Jim Fletcher in the Hunter region of New South Wales state.

Turkey to boycott US-made electronic products: Erdogan

By Cansu Dikme and Merve Aydogan

ANKARA, 14 Aug 2018; AA: President Recep Tayyip Erdogan on Tuesday announced Turkey will boycott American electronic products.

The announcement came in his address to a symposium organized by the Foundation for Political, Economic and Social Research (SETA) on the 17th foundation anniversary of the ruling Justice and Development (AK) Party.

“We will boycott America's electronic products,” Erdogan said mentioning that Turkey would produce the better of every product bought with foreign currencies and export them.

Russia to increase oil production in 2019 - OPEC

MOSCOW, August 13. /TASS/. Russian oil producers will boost crude production next year largely owing to the start of several greenfield projects, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Monday.

"In 2019, Russian oil companies have the potential to increase production through green field development. Incremental production of oil, NGLs and condensate could come from several projects, such as Uvat, East-Siberian, Vankorneft, Messoyakha and Yamal LNG," OPEC said.

Rains batter North Kerala, 30,000 people in relief camps

Thiruvananthapuram, Aug 14 (PTI) Heavy rains pounded various parts of Kerala, especially the northern regions this morning, compounding the miseries of the people of the state where thousands are lodged in relief camps.

In view of the situation, educational institutions in most places have declared a holiday today.

Wayanad, Kozhikode, Malappuram, Kannur, Kasaragod and Palakkad are being lashed by heavy rains, disaster control room sources said.

In most of these places landslides had been reported yesterday.

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