Ankara / AFP Turkish Prime Minister Ahmet Davutoglu on Monday announced a multi-million-dollar aid package for the country’s struggling tourism industry which has been hit by a crisis with Russia and security concerns. Davutoglu said that a total of 255 million Turkish lira ($86.5 million) in financial aid would be given to Turkish tourist agencies while there would also be ...

Lyndon Johnson simply was exasperated. Barack Obama’s mischief was methodical. Four days before the 1966 congressional elections, Johnson, asked about criticism from Richard Nixon, testily responded: “I do not want to get into a debate … with a chronic campaigner like Nixon.” Johnson’s disparagement endeared Nixon to Republican voters, thereby propelling him toward the presidency. Four days before Saturday’s South ...

Unrestrained growth has a price. The case in point is China’s overcapacity in heavy industries whose over-proportional development is causing damage to its own and the global economy, even as Beijing struggles to regulate and reform its industries. The hardest hit is China’s steel industry, which manufactures more than the next four largest producers combined — Japan, India, the US, ...