Egypt’s army kills 10, arrests 400 in Sinai operation: State TV

Egyptian Army's Armoured Vehicles are seen on a highway to North Sinai during a launch of a major assault against militants, in Ismailia, Egypt, in this undated handout picture made available by the Ministry of Defence February 9, 2018. (Reuters)
Updated 13 February 2018
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Egypt’s army kills 10, arrests 400 in Sinai operation: State TV

CAIRO: Egyptian security forces killed 10 militants in an exchange of fire and arrested 400 suspects, including foreigners, in a continuing crackdown in Sinai, the army said in a statement carried by state TV on Tuesday.
Egypt launched a major security operation on Friday involving the army and police against “terrorist and criminal elements and organizations” across the country, according to the army spokesman.
President Abdel Fattah El-Sisi, who is seeking re-election in March, ordered the armed forces in November to defeat militants within three months after an attack on a mosque killed more than 300 people, the deadliest such violence in the Arab world’s most populous country.


Turkey’s president says country will defy economic threats

Updated 58 min 44 sec ago
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Turkey’s president says country will defy economic threats

  • The lira’s value dropped 38 percent against the dollar since the beginning of the year and sunk as low as 7.24 this week
  • Turkey is reeling from a massive sell-off of its currency as Washington imposed sanctions and threatened new ones

ISTANBUL: Turkey’s president has said his country will stand strong against an “attempted economic coup” amid heightened tensions with the US.
Recep Tayyip Erdogan on Saturday told thousands of supporters in Ankara that the country was being “threatened by the economy, sanctions, foreign currency, interest rates and inflation.”
He said: “we tell them that we see their game and we challenge them.”
Turkey is reeling from a massive sell-off of its currency as Washington imposed sanctions and threatened new ones if an American pastor under house arrest isn’t released.
The lira’s value dropped 38 percent against the dollar since the beginning of the year and sunk as low as 7.24 this week.
On Friday, ratings agencies Standard & Poor and Moody’s downgraded Turkey’s credit rating further to “junk” status.