economy

Turkey’s economy grows 5.2 percent in second quarter, set to slow down
Middle East

Turkey’s economy grows 5.2 percent in second quarter, set to slow down

  ISTANBUL (Reuters) – The Turkish economy grew 5.2 percent year-on-year in the second quarter, data official showed on Monday,…
Lebanon in ‘intensive care’ and economy ‘very dangerous’, says parliament speaker
Middle East

Lebanon in ‘intensive care’ and economy ‘very dangerous’, says parliament speaker

  BEIRUT (Reuters) – Lebanon’s Parliament Speaker said on Wednesday the country was in “intensive care” and the economic situation…
Times are a-changin’ in London where contactless is king
Business

Times are a-changin’ in London where contactless is king

  For centuries, London has sustained a street-level economy where performers and vendors make a living from the spare change…
Turkey’s Albayrak says central bank independent, sees no crisis in banking sector
Middle East

Turkey’s Albayrak says central bank independent, sees no crisis in banking sector

ISTANBUL (Reuters) – Turkey’s central bank is independent of government and will take all necessary steps to combat inflation, Finance…
Protests over Yemen’s weakening currency paralyze Aden
Middle East

Protests over Yemen’s weakening currency paralyze Aden

  Scores of demonstrators protesting against Yemen’s deteriorating economic situation and weakening currency blocked major roads and burned tires in…
Erdogan says commitment of all Turks needed to combat attacks on economy
Business

Erdogan says commitment of all Turks needed to combat attacks on economy

  The commitment and determination of Turks is the guarantee needed to combat attacks on Turkey’s economy, President Tayyip Erdogan…
Lebanese economy hammered by political crisis, debt
Middle East

Lebanese economy hammered by political crisis, debt

BEIRUT (AP) — Ahmad Harb opened his perfume shop on the main street of Beirut’s commercial Hamra district 35 years…
Venezuela issues new currency, amid hyperinflation and social turmoil
World

Venezuela issues new currency, amid hyperinflation and social turmoil

(CNN) – Venezuela issued a new currency Monday in an attempt to bolster its crumbling economy as the International Monetary…
Egyptian exports climb $1.2 bn in only three months
Egypt

Egyptian exports climb $1.2 bn in only three months

Egyptian exports have surged by US$1.2 billion in 3 months, reaching $6.755 billion by the end of the third quarter…
Oil prices inch up as US crude stocks drop, Iran sanctions weigh
Middle East

Oil prices inch up as US crude stocks drop, Iran sanctions weigh

SEOUL (Reuters) – Oil markets rose on Wednesday on a drop in US crude inventories and a weaker dollar, while…
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