Timothy Ash News
21.03 / 12:43
markets
COST
economy
Election
Cycling
Turkey's central bank hikes interest rate to 50%
interest rate on Thursday, resuming its tightening cycle as one of the world's highest inflation rates rose again last month. The bank's monetary policy committee decided to raise the policy rate from 45 percent to 50 percent, with a statement citing «the deterioration in the inflation outlook».
14.08 / 09:15
COST
UPS
Instant view: Russia's rouble weakens past 100 per US dollar
The Russian rouble fell past the psychologically key 100 per U.S. dollar threshold for the first time since March last year on Monday.
20.07 / 17:25
Turkey's finance chief heralds $50.7 billion deals with UAE as Erdogan tours Gulf nations
Turkish Finance Minister Mehmet Simsek says Turkey and the United Arab Emirates have signed deals worth $50.7 billion, as President Recep Tayyip Erdogan rounds off a three-country tour of the Gulf
03.05 / 13:47
Waves
Racing
Citibank
Russia races to avert historic default as bondholders wait for dollar payments
Russia looks set to meet another deadline for debt payments on Wednesday after tapping its domestic foreign currency reserves to avert a historic sovereign default.
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