Turkey surprises investors with first interest rate hike in two years
26th September 2020
The Turkish Central Bank raised interest rates for the first time in two years on Thursday, surprising investors and economists who had expected the bank to use other measures to stabilise the embattled Lira. The ...
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Migrants accuse Greece of pushing them back out to sea
26th September 2020
Shortly after reaching the Greek island of Lesbos, a group of Afghan migrants say, their hopes for a new life in Europe were cut short when Greek authorities rounded them up, mistreated them, shoved them ...
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Poor gradings from international credit rating agencies such as Moody’s and Fitch have relegated the Turkish economy to the underdeveloped league as Ankara grapples with long-running economic woes, exacerbated by the COVID-19 pandemic. The government ...