inflation
Amazon is adding a 5 percent fuel and inflation surcharge
World
April 17, 2022
Amazon is adding a 5 percent fuel and inflation surcharge
New York (CNN Business) – Amazon said Wednesday that for the first time in company history it will charge sellers…
UK inflation hits 30-year high of 7 percent
World
April 13, 2022
UK inflation hits 30-year high of 7 percent
London – British consumer price inflation leaped to its highest level in three decades last month, intensifying the pressure on…
Erdogan says Turkey will break shackles of interest rates
Middle East
February 17, 2022
Erdogan says Turkey will break shackles of interest rates
ANKARA, Feb 17 (Reuters) – President Tayyip Erdogan said on Thursday Turkey will break the shackles of interest rates and…
CBE keeps key interest rates unchanged
Business
February 4, 2022
CBE keeps key interest rates unchanged
The Monetary Policy Committee of the Central Bank of Egypt (CBE) announced at its meeting on Thursday, February 3, 2022…
Turkey tourism revenue doubled, trade deficit narrowed last year
Middle East
January 31, 2022
Turkey tourism revenue doubled, trade deficit narrowed last year
ISTANBUL, Jan 31 (Reuters) – Turkey’s tourism revenues doubled to almost $25 billion last year and the country’s trade deficit…
Turkey passes law exempting converted lira deposits from corporate tax
Middle East
January 21, 2022
Turkey passes law exempting converted lira deposits from corporate tax
ISTANBUL, Jan 21 (Reuters) – Turkey’s parliament approved a law late on Thursday under which lira deposits converted from foreign…
US consumer prices soared 7% in past year, most since 1982
World
January 12, 2022
US consumer prices soared 7% in past year, most since 1982
WASHINGTON (AP) — Prices paid by US consumers jumped seven percent in December from a year earlier, the highest inflation…
Egypt’s headline inflation increases slightly to 5.9% in Dec
Middle East
January 11, 2022
Egypt’s headline inflation increases slightly to 5.9% in Dec
CAIRO, Jan 10 (Reuters) – Egypt’s annual urban consumer price inflation slightly accelerated to 5.9% year on year in December…
Turkish lira dips to new low after another interest rate cut
Middle East
December 16, 2021
Turkish lira dips to new low after another interest rate cut
Turkey’s Central Bank again cut a key interest rate Thursday despite soaring consumer prices that are making it difficult for…
Turkish lira flirts with record low as Doha eyes trouble
Middle East
December 7, 2021
Turkish lira flirts with record low as Doha eyes trouble
ISTANBUL, Dec 6 (Reuters) – The Turkish lira briefly slid 1% on Monday, again nearing record lows touched last week…