News archive of December 2016

Borsa Istanbul converts all cash assets into lira after Erdoğan's remarks 

Turkey's main stock exchange, Borsa Istanbul, has become the first institution to convert all of its cash assets into the Turkish Lira a few hours after President Recep Tayyip Erdoğan called on people and institutions to back the struggling currency against the U.S. dollar.   

Turkey's prison population continues to rise

Turkey's prison population rose by nearly 12 percent in 2015, the Turkish Statistical Institute (TÜİK) said on Dec. 2.      

The number of prisoners stood at 177,262 by the year's end, an 11.7 percent rise on 12 months earlier. These numbers do not account for the huge rise in inmates in the aftermath of Turkey's failed military coup attempt of July 15.

Mosul offensive takes toll as Iraq casualties soar

The scope of the toll the six-week old battle for Mosul has taken on Iraqi forces emerged Dec. 1, with U.N. figures showing that around 2,000 had been killed in fighting last month alone, while 926 civilians were also killed in fighting in the past month.

Serbs block road to prevent Kosovo PM from passing

KFOR's biggest investment in Kosovo, a new bridge over the Bistrica River worth EUR 400,000, was open to traffic on Friday.

In an attempt to prevent Kosovo PM Isa Mustafa from attending the ceremony in northern Kosovo, Serbs blocked the Pristina-Raska road near the town of Zvecan earlier in the day.

France's Hollande says will not seek re-election

French President Francois Hollande dramatically announced Dec. 1 he would not seek re-election next April at the end of his five-year term as he bowed to historic low approval ratings.

The withdrawal means the 62-year-old Socialist will be the first president of France's fifth republic, founded in 1958, to quit after just one term.

Stephen Hawking: This is the most dangerous time for our planet

Lately, renowned astrophysicist Stephen Hawking has been more preoccupied with warning humanity what the future of Earth could be if it continues on its present trajectory than he has with scientific breakthroughs.

Crown prince formally becomes Thailand's new king

Thailand has a new king, with the country's crown prince formally taking the throne to succeed his much-revered late father, who reigned for 70 years.

Thousands of protesters in Jakarta amid fury over Christian governor

Tens of thousands of Muslims poured into central Jakarta on Dec. 2, to protest against the city's governor, a Christian accused of insulting the Koran, fuelling tension that has alarmed Indonesian President Joko Widodo.
 

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