Türkiye ‘in talks’ with Russia on Syria airspace

A ground operation against the Syrian Kurdish YPG militia is still on the cards, the Turkish defense minister has said Ankara has been holding talks with Moscow on using Syria’s airspace in a possible cross-border military operation against the Kurdish YPG militia, Turkish Defense Minister Hulusi Akar said on Saturday, as quoted by media.

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Japanese inflation hits 40-year high

Japan’s core consumer inflation benchmark hit a fresh four-decade high last month as companies continued to pass on rising costs to households, government data showed on Friday. The nationwide consumer price index (CPI), which excludes volatile fresh food but includes energy costs, jumped 3.7% in November from a year ago, in line with market forecasts…

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UK workers face steep slide in real wages – PwC

Britain’s real wages, which factor in inflation, are expected fall back almost to a two-decade low The average pay of a British employee next year will drop to a level last seen in 2006, according to the latest report on the UK economy by multinational consultancy PwC, released earlier this week.

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