_{Image source: CNBC}

Turkey

The currency in Turkey plunged over 15% in one day after President Erdogan fired the head of his central bank. The head of the Central Bank was replaced by a low-interest rate proponent, Sahap Kavcioglu. This is the third time in less than 3 years that Erdogan has replaced the head of the Central Bank, but this time it caused the currency to drop to a near all-time low. 1 US Dollar to near 8 Turkish Lira.

Syria

Syrian military, along with Russian Armed Forces, have began intensifying attacks towards the northwestern city of Idlib. Multiple report claim that at least 7 civilians were killed in the process but no official number on how many insurgence were killed in the Operation. In a separate operation, Russian jets, with guidance from Syrian military targeted a gas facility, cement factory, and several towns and cities near Syria’s border with Turkey. Neither Russian nor Syrian government have confirmed these reports; most of these reports are coming from the Turkish government.

US

The United States, Canada and the EU are placing limited sanctions on China regarding their repression of the Uyghur Muslims. The sanctions are meant to apply international pressure and give light to the action of the Chinese Communist Party. The sanctions, according to the US, will target Wang Junzheng, the secretary of the Party Committee of the Xinjiang Production and Construction Corps, and Chen Mingguo, director of the Xinjiang Public Security Bureau. According to the US Treasury department, Junzheng was the head of the committee responsible for the expulsion of the Uyghur people.

Yemen and Saudi Arabia

Saudi Arabian officials have announced that they will agree to a ceasefire with Houthi Rebels in Yemen if the rebels agreed to those same terms. As outlined, the United Nations would be the oversight of the ceasefire in order to stop the attacks on both Yemeni and Saudi Arabian soil. Houthi leaders have dismissed the announcement as “same-old” and “nothing new”.