Turkish Central Bank raises inflation forecast for 2025
Türkiye’s Central Bank on Friday raised its year-end inflation forecast for 2025 while keeping it unchanged for 2026.
Chad's foreign ministry has announced plans to assert its sovereignty and redefine strategic partnerships, following France's troop withdrawals from Mali, Niger, and Burkina Faso. Chad hosts 1,000 French troops and various military assets for security cooperation.
Chad's foreign ministry says the country wants to fully assert its sovereignty after more than six decades of independence.
It says the decision would enable it to redefine its strategic partnerships.
Chad hosts about 1,000 French troops, in addition to numerous warplanes and other types of military equipment.
France has already pulled its troops from Mali, Niger, and Burkina Faso.
The iconic Dubai Fountain will close for five months starting in May for a major upgrade, enhancing its technology, choreography, and sound system. Visitors can expect a more spectacular show when it returns in October.
Russian President has invited his U.S. counterpart, along with leaders from many other countries to Moscow in May to attend the 80th anniversary of the end of World War II, which Russians refer to as the "Great Patriotic War."
Public sector strikes are causing major disruptions across Germany, including halted public transport in Frankfurt, as workers demand higher pay and better conditions.
USAID has long promoted itself as a supporter of press freedom, but reports suggest its media funding may have influenced domestic narratives in Europe and post-Soviet states. With the Trump administration freezing its grants, the agency’s role in shaping global information is under scrutiny.
Estée Lauder and L’Oréal are facing challenges in the Chinese market as local beauty brands gain popularity. Rising competition, shifting consumer preferences, and economic factors have impacted sales, forcing global cosmetics giants to adapt their strategies.
The Reserve Bank of Australia (RBA) has cut its policy interest rate by 25 basis points to 4.1%, marking its first reduction since November 2020. The move follows a prolonged tightening cycle that saw rates rise from 0.1% to 4.35% between May 2020 and November 2023.
The State Oil Fund of Azerbaijan (SOFAZ) has invested €34.5 million in Italy’s leading high-speed railway operator, Italo – Nuovo Trasporto Viaggiatori S.p.A. (Italo) by entering into agreement with the Global Infrastructure Partners (GIP), affiliated with US-based BlackRock.
A lawyer for an Indian unit of German carmaker Volkswagen, said on Monday the country's $1.4 billion tax demand could become a matter of survival for its business in the country, as it continues to contest the order.
The UK’s unemployment rate edged up to 4.4% in December 2024, reflecting a continued upward trend since mid-2022, according to the Office for National Statistics (ONS).
Beijing, Feb 17 (Reuters) — Chinese President Xi Jinping met with some of the country’s most prominent technology leaders on Monday, urging them to embrace innovation and reaffirming Beijing’s support for private enterprise.
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