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The Turkish Statistical Institute reported on Monday that annual consumer inflation eased to 29.73% in September, undershooting market projections of 30.3%, as monthly price increases moderated despite persistent pressure in housing and transportation costs, official data showed.Türkiye's premier aviation and technology festival TEKNOFEST opened its southeastern leg in Sanliurfa on Wednesday, bringing together tech enthusiasts and industry leaders for exhibitions, air shows and the finals of technology competitions running through Oct. 4.President Recep Tayyip Erdogan told Newsweek that Ankara would not accept a binary choice between East and West, emphasizing that the Mecca Joint Defense Agreement with Saudi Arabia and Pakistan was not directed against Iran, Israel, or any third country amid shifting global power dynamics.Syrian President Ahmad al-Sharaa held discussions with members of the Syrian diaspora and US congressional representatives during his visit to New York for the UN General Assembly, focusing on reconstruction efforts and the strategic role of expatriates in strengthening Damascus-Washington relations.Venezuela’s 31 tonnes of gold, worth nearly $4 billion, will be moved from London to the New York Fed under a new deal between Caracas and the opposition. Venezuela will own the gold legally but cannot sell it or take it home. The reserves will only be used as collateral for international loans.

The Turkish Statistical Institute reported on Monday that annual consumer inflation eased to 29.73% in September, undershooting market projections of 30.3%, as monthly price increases moderated despite persistent pressure in housing and transportation costs, official data showed.Türkiye's premier aviation and technology festival TEKNOFEST opened its southeastern leg in Sanliurfa on Wednesday, bringing together tech enthusiasts and industry leaders for exhibitions, air shows and the finals of technology competitions running through Oct. 4.President Recep Tayyip Erdogan told Newsweek that Ankara would not accept a binary choice between East and West, emphasizing that the Mecca Joint Defense Agreement with Saudi Arabia and Pakistan was not directed against Iran, Israel, or any third country amid shifting global power dynamics.Syrian President Ahmad al-Sharaa held discussions with members of the Syrian diaspora and US congressional representatives during his visit to New York for the UN General Assembly, focusing on reconstruction efforts and the strategic role of expatriates in strengthening Damascus-Washington relations.Venezuela’s 31 tonnes of gold, worth nearly $4 billion, will be moved from London to the New York Fed under a new deal between Caracas and the opposition. Venezuela will own the gold legally but cannot sell it or take it home. The reserves will only be used as collateral for international loans.

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Israel hits Gaza's only power plant

00:00, 29/07/2014, TuesdayU: Update: 12:55, 29/07/2014, Tuesday

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Israel hits Gaza's only power plant

The Gaza Strip's only power plant was forced to shut down Tuesday after an Israeli attack hit the facility's fuel depot, a Palestinian official says

"The power plant will stop operation following the attack on the fuel depot," Fathi Al-Sheikh, the deputy head of Gaza's power authority, told Anadolu Agency.

He said that damage in the power plant might take "a whole year" to repair.

Even before the shutdown, Palestinians in the Gaza Strip only had electricity for about three hours a day because fighting had damaged power lines.

Gaza's power plant resumed operations in mid-December following seven weeks of closure due to shortages of the fuel needed to operate it.

Gaza's power plant requires some 650,000 liters of diesel fuel for its daily operations.

Gaza receives 120 megawatts of electricity from Israel each day and buys a further 28 megawatts from Egypt, according to the Gaza Energy Authority.

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