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20 Turkish Soldiers Killed in Georgia Military Plane Crash

Members of emergency services work at the site of the Turkish C-130 military cargo plane crash near the Azerbaijani border, in Sighnaghi municipality, Georgia. Turkey’s Ministry of Defense announced that 20 soldiers were killed when a military transport plane crashed in Georgia . The aircraft, a C-130 cargo plane, had departed from Azerbaijan and was en route to Turkey when communication was lost shortly after takeoff. Georgian emergency teams reported that 18 bodies were recovered at the crash site , with search operations continuing to locate the remaining victims. Witnesses shared footage showing the plane breaking apart mid-air before spiraling down into farmland near the Azerbaijani border. This tragedy is Turkey’s deadliest military aviation accident in recent years . Both Turkish and Georgian authorities have launched investigations, and officials confirmed that the aircraft’s black box has been recovered . President Recep Tayyip Erdoğan expressed condolences to the families...
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Dollar Slumps as Trump Escalates Trade Tensions with China

The U.S. dollar fell sharply on Friday after President Donald Trump threatened to impose a massive increase in tariffs on Chinese imports, reigniting fears of a renewed trade war between the world’s two largest economies.

Trump’s comments came just a day after Beijing expanded export controls on rare earth minerals, a move that Washington views as a strategic challenge to global supply chains. In a post on his social media platform, Trump also suggested he may cancel a planned meeting with Chinese President Xi Jinping, further rattling markets.

The dollar index dropped 0.4% to 98.99, while the euro and yen strengthened against the greenback. Commodity-linked currencies, including the Australian dollar, also weakened amid concerns over slowing global trade.

Market analysts warned that the escalation could weigh heavily on U.S. growth prospects. “Ultimately, it does create a lot of negativity for the U.S. economy,” said Juan Perez, director of trading at Monex USA.

Global equities also tumbled, with major indexes in North America, Europe, and Asia closing lower as investors braced for heightened geopolitical and economic uncertainty.


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