Turkey’s Central Bank surprises markets with sharp rate cut as inflation eases
The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it down to 47.5%.…
The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it down to 47.5%.…
Members of the opposition forces eat as they are deployed in the liberated areas of Daraa, northern Syria, on Tuesday. Photo by Fadel Itani /UPI.…
Breadcrumb Trail LinksPMN BusinessThe contraction in German business activity eased a little in December thanks to a resumption in services-sector growth, though manufacturers’ struggles worsened.Author…
World Food Programme says a small convoy carrying food enters Sudan via a temporarily reopened border crossing with Chad.The World Food Programme (WFP) says a…
European markets are set to open in the green on Tuesday morning as Japan's share benchmark soared nearly 11% overnight - after a massive sell-off.…
Fed Chair Jerome Powell said Wednesday the Fed decided to leave interest rates unchanged. He said during a press conference that Inflation has eased substantially…
The directive marks a policy shift but could potentially escalate tensions with the Kremlin, which has been threatening retaliatory action. United States President Joe Biden…