Source AP ©

Police smash global pedophile ring, arresting 700 people and rescuing 31 children

Police shattered a global Internet pedophile ring, rescuing 31 children and rounding up more than 700 suspects worldwide, authorities said Monday.

Some 200 suspects are based in the United Kingdom, the Child Exploitation and Online Protection Center said. The ring was traced to an Internet chat room called "Kids the Light of Our Lives" that featured images of children being subjected to horrific sexual abuse.

The investigation involves agencies from 35 countries and has gone on for 10 months.

Authorities said the host of the Web site, Timothy David Martyn Cox, 27, of Buxhall, who used the online identity "Son of God," admitted to nine counts of possessing and distributing indecent images.

After his arrest in September, authorities were able to infiltrate the chat room and collect evidence on the other members.

When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked

US sanctions to kill Russian banks and sovereign debt?

The Central Bank of Turkey announced measures to protect the financial market of Turkey against the background of the collapse of the Turkish lira and conflict of interests with the United States of America

Turkey desperately tries to rescue its national currency as it falls to all-time lows
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