Barclays Plc economists differed from other major banks by predicting a more limited interest rate increase at next week’s Monetary Policy Committee meeting of the Central Bank of the Republic of Turkey (CBRT). Barclays has differentiated itself from JPM and…
The Organization of the Petroleum Exporting Countries (OPEC) reacted harshly to the International Energy Agency’s statement that the world is now “at the beginning of the end” for the fossil fuel age, warning that these predictions would lead to an…
Thomas Preis, President of the Nordrhein Pharmacists Association, stated in his statement to the German public broadcaster ARD that there is a supply shortage in one of every two prescriptions and said, “This means that 1.5 million people are affected…
It was announced that Huawei and Xiaomi, one of China’s and the world’s leading smartphone manufacturers, signed a “global patent licensing agreement” that will end the patent disputes between them. According to the joint statement made by the companies, the…
Russian Federal Information Technologies and Mass Communication Supervision Agency (Roskomnadzor) reported that access to WhatsApp may be blocked if illegal information is included in its newly opened channels. In the written statement made by the Russian Federal Information Technologies and…
In the statement made by the US Treasury Department, it was announced that the Office of Foreign Assets Control (OFAC) targeted Russian elites, Russia’s industrial base, financial institutions and technology suppliers in order to weaken Russia’s capacity to wage war…
Despite the expectation of some analysts in the market that the tightening would take a break, the European Central Bank (ECB) did not skip the September meeting to fight inflation. The bank made its 10th consecutive interest rate increase in…
The National Bank of Ukraine cut interest rates for the second consecutive time in the 19th month of the war with Russia, reducing the policy rate to 20 percent. Thus, a total of 5 points of interest rate reduction was…
Although the number of people applying for unemployment benefits for the first time in the USA increased to 220 thousand in the week ending September 9, it was below market expectations. The US Department of Labor announced data on weekly…
Asian markets rose after China’s August activity data largely beat expectations. Asia-Pacific markets rose on the back of China’s August economic data, which was mostly better than market expectations. China’s August retail sales and factory production beat expectations, but pressure…
