Turkish Traders Expect a Boost in Sales During Qurban Bayram Holiday What is Qurban Bayram? Qurban Bayram, also known as Eid al-Adha, is one of the biggest holidays in the...
Read moreRussia Says No Chance of Extending Black Sea Grain Initiative Russia does not see any chance of extending the Black Sea Grain Initiative, which has facilitated the safe export of...
Read moreThe German Economy Set to Shrink in 2023, Says Bundesbank President The German economy is set to shrink in 2023 after a weak start to the year. As consumers continue...
Read moreThe Economic Crisis in Buenos Aires: Spending Salaries Before They Lose Value Despite a biting economic crisis, restaurants in Buenos Aires are full and queues for theater and concert tickets...
Read moreThe European Central Bank Raises Borrowing Costs to Highest Level in 22 Years Introduction The European Central Bank (ECB) has raised borrowing costs to their highest level in 22 years...
Read moreChina Cuts Interest Rate and Pumps Billions into Financial Markets to Boost Economy China's central bank cut a key interest rate and pumped billions into financial markets on Thursday, as...
Read moreThe Federal Reserve Pauses Interest Rate Hikes Background The Federal Reserve announced that it would be pausing interest rate hikes after 10 consecutive increases. The central bank stated that it...
Read morePresident Erdogan: Treasury Minister to Take Swift Steps with Central Bank President Recep Tayyip Erdoğan on Wednesday said his newly appointed Treasury and Finance Minister Mehmet Şimşek would take coordinated...
Read moreU.S. Consumer Prices Rise Moderately in May U.S. consumer prices rose moderately in May, leading to the smallest annual increase in inflation in more than two years, though underlying price...
Read moreThe UK Labor Market Outperforms Expectations The labor market in the United Kingdom outperformed even the highest expectations of economists in data on Tuesday, piling pressure on the Bank of...
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