Latest News

Turkey's annual inflation nears 60% in August
Turkey's annual inflation nears 60% in August
Business and Economy
by  AFP

Turkey's annual inflation approached 60 percent last month, official data showed Monday, putting pressure on the central bank to further hike interest rates at the risk of angering President Recep Tayyip Erdogan. "This will heap pressure on the (central bank) to further significantly hike policy rates from 25 percent at present."

Africa climate summit to urge investment in continent
Africa climate summit to urge investment in continent
Business and Economy
by  AFP

Kenya's president said Africa had a chance to "guide the globe" on climate action as he prepared to open a landmark climate summit in Nairobi on Monday aimed at reframing the continent as a budding renewable energy powerhouse. "Africa is committed to taking advantage of this unique opportunity to guide the globe towards inclusive climate action."