Economy
Already rampant inflation in Turkey will rise further in the coming months before declining to around 27% by the end of the year, a Reuters poll showed on Monday, as forecasts soared after a currency crisis in 2021 sent prices rocketing. Turkey's inflation surged to 36% in December after a series of interest rate cuts by the ...
The Arab Maghreb Union has "tremendous" economic integration potential, according to Abdelaziz Ait Ali, senior economist at the Policy Center for the New South (PCNS). Speaking at "Africafé" ...
The economic upswing in Germany has not yet gathered pace, as the coronavirus pandemic continues to cause business widespread uncertainty, industry leaders said on Thursday as they presented ...
The global economy is on track to grow by downwardly revised 4.1 percent this year amid new waves of the pandemic, rising inflation and continued supply chain bottlenecks, ...
Chinese Foreign Minister Wang Yi was in Sri Lanka on Sunday seeking to advance Beijing’s ambitious Belt and Road Initiative as the island nation tries to rescue itself ...
China's top market regulator said on Wednesday it has fined units of Alibaba Group Holding Ltd, Tencent Holdings Ltd, and Bilibili Inc for failing to properly report about a ...
Oil prices eased on Thursday after the world's top importer China cut the first batch of crude import allocations for 2022, offsetting the impact of U.S. data showing ...
The producer price index of the "Manufacturing industries excluding oil refining" sector posted an increase of 0.5% during November 2021 compared to October 2021, according to the High ...
The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey's monetary policy, having surged more than 50% last week after billions of dollars of state-backed market interventions. The lira was also supported last week by a government move to cover FX losses on certain deposits. It weakened to as ...
Oil prices mixed on Friday as investors were cautious due to the surging COVID-19 omicron variant, although new findings that omicron to be milder than previously thought. During ...
