Turn 2, October 1914

Declarations:
Italy declared war against Ottoman Empire! Italy and Ottoman Empire went to full income.

Japan and China raised economy to prewar status.
 

However, I found these excerpts from various newspapers published throughout the world:
 
 
 

Central Powers newspapers:

Germany:

Lithuania Liberated!
Our brave army under command of general Ludendorff achieve first victory on eastern front. After few days of heavy bombardments in combined naval and land assault we achieved quick and stunning victory. Russian armies are broken in parts and become a easy prey for our skirmishers.
General von Ludendorff claims that: "It is only a first battle and we must win many other great battles to claim a victory over our ancient enemy. But, we trust in our men and our long range guns and that is what would, eventually, decide a battle.
Other military reports claim that our losses are negligible, but the size of Russian defeat is still unknown. What we know, by now, is that Russian defense was not led by general Rennenkampf and our defense is preparing for any counterattack on our front… 
 

 Italy in War with Ottoman Empire!
On October 14th Italy declared war on Ottoman Empire. Our government is stunned by Italian warmongers who didn’t help us when our interests were jeopardized. We don’t expect that these traitors would last long against somewhat weaker Ottoman Empire, but led by our superb instructors. Let them learn about German discipline and high morale - even Ottoman soldiers are as fierce as ours.
Defense minister thinks that Italian advantage in air units is not enough to allow Italians such excursion in war waters, but we…
Austria-Hungary:

Battle for Transylvania!
After great battle for Lemberg, Russian army decided to challenge us once again. This time Russian army under command of Duke Nicholas himself tried to penetrate through our right flank to join with Serbian army but we repelled them so they had to withdraw to starting position. Our reinforcements that came in last moment prevented second attack on western flank so we are now in stalemate, but we lost great area of Transylvania while our efforts were focused to maintain stable front line.
Right now our armies are standing still and we are prepared for counterattack which will come in any minute, as leader of Austro-Hungarian armies, general Borojevic von Bojna said: "We can lose one or two battles, but we will win this war. Viribus Unitis! or With United Forces!".
Late deployment of German units who came to help us was nothing unusual as we…
 

 First Battle for Serbia!
Almost two months later then anticipated our army under command of general Conrad commenced attack on Serbia. After few days of heavy bombardments general Conrad crossed border with several thousands well trained soldiers and we met light resistance. However, after two weeks of fighting, heavy overcast and rain with fog and muddy terrain stopped our advance so we had to withdraw to starting position until the weather clears.
During this campaign that lasted over a month we annihilated few major Serbian divisions but we expect that after our withdrawal they would reorganize so we can expect more resistance in future attempts. However, our army is bravest army in the world so it won’t be a major trouble for them as…
Allied Powers newspapers:

France:

New Front in Europe!
Arabian people can breathe again because their oppressors Ottoman Turks found their match. Although it seems that Italian declaration of war is not related by former Ottoman-Arabian war, it is our oppinion that Italians listened plea for help of their Lybian servants, Italian government, of course, denied any connection between these two…
 

 Italian and Ottoman fleet exchanged fire in Aegean Sea!
First report, brought by our fishing ship, said that major fleet forces of Italy and Ottoman Empire met in Aegean Sea, northeastern of island of Crete. "We just pulled our nets, full of tuna fish, when we heared first salvo", one fisherman said. Pierre Jordain, captain, ordered crew to quickly cut the net and we run as fast as our steam allowed them. "Italian battleship Garibaldi nearly cut us in two!" said Pierre, evidently exhausted as they reached port of Cannes few days later.
Small crew is going to ask for a repayment for lost net and fish and…
Russia:

Transylvania fell, we are at gates of Budapest!
Great mother Russia proved again that we are unbeatable. After successfull campaign in Lemberg we continued pursuit of Austro-Hungarian troops. Grand Duke Nicholas, our chief of staff, ordered total attack and pursuit of last remnants what was once called 5th world army. After we crossed South Carpathian mountains with two divisions we took northern flank of Austro-Hungarian army by surprise and in pincer operation using our third and fourth army under command of general Samsonov and general Yudenich we outflanked their main force and after only 5 days we entered on the left bank of river Danube and Tisa.
Here, from the peaks of Carpathia, we can see Buda and Pest, second head of two-head beast which will be taken by force as soon as possible. Greatest war in last 10 years is just going to finish, great shame of war with Japan will be soon forgotten…
 

 Lithuania garrison surrendered, German attack followed!
Forces unloyal to our Tzar but who favorized German oppressors, tried to occupy Vilnius at first sight of German navy. They succeeded even to raise old Lithuanian flag on main mast but our 126. division took Vilnius fortress in assault and we recover command over town in next 40 minutes.
Soon we executed all rebels, but few hours later German navy started to shell our shore fortresses and almost in the same time we heared that several divisions penetrated through our thin defense on the border and in forced march they advanced to the heart of this province. As our effort to subdue revolt weakened our defense we decided to withdraw forces from Lithuania and in perfect withdraw operation we succeeded to pull entire army out of reach of German heavy naval guns. Germans entered Vilnius but not for long. As General von Rennenkampf said: "Let them enjoy while they can, mother Russia exhausted even greater enemies in the past!"…
Serbia:
Serbian army is still unbeatable, general Putnik developed great plan that brought dissaster to Austrian dogs!
"Cursed Austrians dared to cross our border but they fled backward with the tail between their thin legs!". That was words of general Putnik after we achieved  greatest victory in our history.
"We deliberately allowed them to advance as far as they are out of cover of their heavy artillery. They didn’t expect that we watched them all the time" - said general Putnik. "They advanced in silence and they were very surprised when we opened fire on them".
Putnik’s second in command told us that he couldn’t believe that general Conrad who commanded Austro-Hungarian army can do such foolishness. We took several thousands of prisoners of war…
Other neutral newspapers:

Ottoman:

We are at war!
Yesterday, in 2000 hours, our Italian ambassador brought to our wise president Kemal Pasha declaration or war in which they demanded that we forfeit them control over Bosporus and Dardanelle strait and submit to their power. Kemal’s chief of staff, Khalim Pasha, ordered general mobilization and we are now gathering our force to teach them a lesson.
In early hours of this morning, our fleet, under command of admiral von Altmann, made Italian fleet to run in panic to escape before our superior navy. "We lost them in the morning fog!", he said, after he drove them away,…
 

 Italy:

We are at war!

As our noble king Re Vittorio Emanuelle said, "They should not be there, holy land is our land, land of all Christians!". Brutal Ottoman government proved again that they cannot be trusted. They attacked all in the reach so sooner or later they will again come to us. Our government decided that it would be sooner so we formally declared war to them. As you read this newspapers, thousands of young men enters in land, naval and air units of our great army. "We will take Constantinople again, as we did in one of crusades!", said one excited soldier.
On the streets of the all major cities in Italy, there are allways the same picture, women and girls hanging over moving soldiers trying to kiss them or just take a hug, while flowers fell through windows on their heads. "We will bring them back all!", said general Cadorna, assuring us that the war will be short…