economy

Lira hits record lows as rate cut sets Turkey on uncertain path
Middle East

Lira hits record lows as rate cut sets Turkey on uncertain path

ANKARA, Sept 24 (Reuters) – Turkey’s lira hit an all-time low against the dollar on Friday, a day after the…
Census: Relief payments staved off hardship in COVID crash
World

Census: Relief payments staved off hardship in COVID crash

WASHINGTON (AP) — The share of Americans living in poverty rose slightly as the COVID-19 pandemic shook the economy last…
Turkey jobless rate climbs to 12% in July as supports end
Middle East

Turkey jobless rate climbs to 12% in July as supports end

ISTANBUL, Sept 10 (Reuters) – Turkey’s unemployment rate rose to 12.0 percent in July from 10.6 percent a month earlier…
UK PM Johnson raises taxes to tackle health and social care crisis
World

UK PM Johnson raises taxes to tackle health and social care crisis

LONDON, Sept 7 (Reuters) – British Prime Minister Boris Johnson set out plans on Tuesday to raise taxes on workers,…
El Salvador leads the world into cryptocurrency: bitcoin legal tender
World

El Salvador leads the world into cryptocurrency: bitcoin legal tender

SAN SALVADOR, Sept 7 (Reuters) – El Salvador on Tuesday became the first country in the world to adopt bitcoin…
UAE announces plans to boost economy, attract workers
Middle East

UAE announces plans to boost economy, attract workers

DUBAI, Sept 5 (Reuters) – The United Arab Emirates plans to launch 50 new economic initiatives to boost the country’s…
US jobless claims reach a pandemic low as hiring strengthens
World

US jobless claims reach a pandemic low as hiring strengthens

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 340,000, a pandemic low, another sign…
Istanbul August retail prices up 1.88% m/m -chamber
Middle East

Istanbul August retail prices up 1.88% m/m -chamber

ISTANBUL, Sept 1 (Reuters) – Retail prices in Turkey’s largest city Istanbul rose 1.88 percent month-on-month in August for an…
Global shares mostly higher despite continuing virus worries
World

Global shares mostly higher despite continuing virus worries

TOKYO (AP) — Global shares were mostly higher Tuesday, despite continuing concerns about rising COVID-19 cases in Asia and parts…
China’s economy under pressure as factory activity slows in Aug, services contract
World

China’s economy under pressure as factory activity slows in Aug, services contract

BEIJING, Aug 31 (Reuters) – China’s businesses and the broader economy came under increasing pressure in August as factory activity…
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