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Russia raps new US sanctions on Iran

POLITICS

Russia raps new US sanctions on Iran

A senior Russian diplomat slams the US move to impose new sanctions against Iran, saying bans are not an appropriate tool to resolve issues.

Turkey mobilizing funds for megaprojects

BUSINESS

Turkey mobilizing funds for megaprojects

The government of Turkish President Recep Tayyip Erdogan says it has started a plan to move billions of dollars in state assets to a sovereign wealth fund to finance a series of ambitious infrastructure projects.