Dollar hits 16-month high; Brexit fears knock sterling, euro

LONDON (Reuters) - The dollar rose to a 16-month high on Monday as investors positioned for a Federal Reserve interest rate rise next month and concern about political risks in Europe put pressure on the euro and the pound. The dollar has risen since the Fed kept interest rates steady last

Iran, major powers labour to keep nuclear deal afloat

The remaining parties to the Iran nuclear deal on Monday agreed to keep working to maintain trade with Tehran despite scepticism this is possible as U.S. sanctions to choke off Iranian oil sales resume in November. U.S. President Donald Trump decided in May to abandon the pact and to restore economic

PKK fights back against Turkish insurgency

DIYARBAKIR, Turkey (Reuters) - Kurdistan Workers Party (PKK) militants launched a rocket attack on military vehicles on Wednesday, killing two soldiers and wounding another, the local governor's office said, the latest in a series of attacks in southeast Turkey this week. The attacks come ahead of nationwide elections on Sunday and

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