SUDAN WAR: ARMY SAYS IT INFLICTS HEAVY LOSSES ON RSF IN DARFUR, KORDOFAN. (PHOTO).

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 Sudan war: Army says it inflicts heavy losses on RSF in Darfur, Kordofan Sudan’s army on Friday said that it inflicted heavy losses on the Rapid Support Forces (RSF) during a series of air and ground operations carried out over the past week in the Darfur and Kordofan regions. In a statement, the military said its forces conducted strikes against RSF positions, destroying around 240 combat vehicles and killing hundreds of fighters, Anadolu Agency reported. The army said the operations also targeted what it described as RSF logistical and operational facilities, including drone-related sites and storage areas, as well as locations at Nyala Airport in South Darfur. It added that ground forces had succeeded in pushing RSF fighters out of wide areas in both Darfur and Kordofan, and that operations were ongoing to pursue remaining elements. Civilians displaced Fighting has intensified in recent weeks across Sudan’s three Kordofan states – North, West and South – where clashes between t...
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TURKEY'S CENTRAL BANK CHIEF MOVES IN WITH HER PARENTS OVER HER INABILITY TO AFFORD A HOME IN ISTANBUL DUE TO INFLATION. (PHOTO).

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Turkey's Central Bank Chief moves in with her parents over her inability to afford a home in Istanbul due to inflation 

The new head of Turkey’s central bank said she has been priced out of Istanbul’s property market by rampant inflation. 

Left with no choice, the former finance executive has moved back in with her parents. 

“We haven’t found a home in Istanbul. It’s terribly expensive. We’ve moved in with my parents,” 44-year-old Hafize Gaye Erkan, who took up her post in June after two decades in the United States, told the Hurriyet newspaper. 

Erkan previously worked at firms including Goldman Sachs and First Republic Bank — and is now getting a crash course in the soaring prices that have seen many young people struggling to find lodgings. 

“Is it possible that Istanbul has gotten more expensive than Manhattan?” she said. 

Tayyip Erdogan has allowed the lira currency to weaken while promising that a new team of economists with Wall Street experience would tackle years of economic crisis. 

To quell growing anger, officials also capped rent increases at 25 per cent — though experts say that has only amplified the housing tensions, as owners try to push out occupants, sometimes fraudulently, in order to set new and higher rents. 

The central bank last month pushed up benchmark lending rates to 40 per cent in a bid to get inflation under control. 

“We’re nearing the end of our monetary tightening measures,” Erkan told the paper.

 

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