Sleepless in Kyiv: Families take shelter underground amid Russian strikes
Several nights a week, Daria Slavytska packs a stroller with blankets, food, and a yoga mat. Then she heads into the Kyiv subway with her two-year-ol...
Türkiye's central bank held interest rates at 50% as expected but cautioned that recent data had lifted inflation uncertainty, in a hawkish signal ahead of an expected easing cycle in coming months.
The bank said in a statement released after the Monetary Policy Committee meeting on Oct. 17 that the tight monetary stance will be maintained until a significant and sustained decline in the underlying trend of monthly inflation is observed, and inflation expectations converge to the projected forecast range.
Analysts believe that the message could reinforce the view that the bank will wait until around January to ease monetary policy, after a more than year-long effort to slay years of soaring inflation.
The last time the bank raised its main policy rate was in March, when it hiked by 500 basis points to round off an aggressive tightening cycle that started in June last year. Since then, it has kept the one-week repo rate on hold.
In a change of messaging last month, it began setting the stage for a rate cut by dropping a reference to potential further tightening. Yet after monthly inflation was higher than expected at nearly 3% in September, a poll showed analysts expected the bank to wait until December or January to begin its anticipated easing cycle.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
Russian political analyst Sergey Markov praised President Ilham Aliyev as one of the most experienced and wise leaders of the modern world, highlighting his victory and full restoration of control over Karabakh.
The 3rd Shusha Global Media Forum kicks off with international guests arriving in Fuzuli to explore the future of media in the AI era.
A fragile ceasefire has been declared in southern Syria’s Suwayda province on Saturday, following intense fighting that left hundreds dead.
The total value of foreign currency transactions between banks and individuals in Uzbekistan reached 14.5 billion U.S. dollars in the first six months of 2025, reflecting a 24% increase year on year.
Syrian security forces are preparing to redeploy to the Druze-majority city of Sweida in the south of the country after a brief ceasefire collapsed, reigniting clashes with Bedouin tribes, according to the Syrian Interior Ministry.
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