The Bank of Turkey reported a cut in the key rate to 16.5 percent, or 3.25 percentage points. The previous decision to cut the rate was made in July. At that time, the decrease in size was more significant - by 4.25 percentage points. Prior to this d... Read more
Consumer prices in Canada slowed their growth in August. According to the country's statistical office, inflation fell to 1.9% from 2% a month earlier. The figures are calculated in annual terms. Monthly analysis showed that compared to the previ... Read more
The UK's national currency is falling amid rising uncertainty surrounding Brexit. The situation is contradictory. Boris Johnson insists that the country should leave the EU as planned, i.e. October 31. He also states that there is a chance of a d... Read more
Christian Sewing, who is the head of Deutsche Bank, said that low interest rates could cause the european financial system to collapse in the long term. For banks, they are a very heavy burden. Credit organizations suffer serious losses. This year th... Read more
The start of this week will be an opportunity for British Prime Minister Boris Johnson to get a chance to strike a Brexit deal. He said he still expects the country to leave the European Union within an agreed deadline of October 31, despite a law pa... Read more
