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The American billionaire, Bill Gates, warned that the next epidemic that the world will witness may result in a much higher death rate, in the event that it exceeds the deaths of “Corona”, which may “end society”, as he put it. And he…
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Turkey’s inflation climbed to its highest level since 1998, hitting an annual 73.5 percent in May, official data showed on Friday, an issue dogging President Recep Tayyip Erdogan ahead of elections next year. Critics have blamed the…
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HSBC brought forward its key profitability target by a year and more than doubled its annual profit as expected bad loans from the COVID-19 pandemic failed to materialize, and it pointed to rising interest rates lifting its income. Like…
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Four hikes in the US interest rate, as well as the sale of the Federal Reserve’s assets, are expected this year, Goldman Sachs Group said. The balance sheet runoff process – which is the reduction of an entity’s assets – could take place…
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Defending champions Mumbai Indians failed to reach the Indian Premier League playoffs due to a poor net run rate despite beating Sunrisers Hyderabad by 42 runs on Friday. Needing an improbable victory by more than 170 runs to displace…
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Egypt’s central bank kept its key interest rates unchanged during its monetary policy committee (MPC) meeting on Thursday, the bank said in a statement. The committee kept the overnight lending rate at 9.25 percent and the overnight…
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President Tayyip Erdogan sent Turkey’s lira currency to new all-time lows on Wednesday after he called for interest rate cuts in the next two months and said he spoke to the central bank’s new governor about it. The lira — by far the…
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Emerging from two years of relative silence, former House Speaker Paul Ryan joined the fight against Donald Trump on Thursday, urging fellow conservatives to reject the former president's divisive politics and those Republican leaders who…
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The Central Bank of Libya on Sunday introduced a new unified exchange rate agreed last month after years of division between rival branches based on opposing sides of the front line. As part of the change, the Government of National…
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