A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey September 27, 2021. REUTERS/Cagla Gurdogan By Reuters The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey’s monetary policy, having surged more than 50% last week after billions of dollars of state-backed market interventions.

File Photo Somali Times/ Turkey-Africa summit in Istanbul By Euronews At a two-day Turkey-Africa summit, president Tayyip Recep Erdogan addressed what he described as a “great injustice.” “Developments in recent years show us that allowing five member countries of the UN to decide the whole world’s destiny was a mistake,” he told dozens of African

By Anadolu Agency Crude oil prices could hit $100 per barrel due to record high demand in 2023 despite the latest omicron coronavirus variant, according to an analyst from Goldman Sachs. “We have already had record high demand before this newest variant, and now you are adding higher jet demand, and the global economy is

A woman changes Turkish lira for USD at a currency exchange shop, in Ankara, Turkey, Thursday, Dec. 16, 2021. Turkey’s Central Bank again cut a key interest rate Thursday despite soaring consumer prices that are making it difficult for people to buy food and other basic goods, sending the country’s currency to record lows against

A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain, October 1, 2008. REUTERS/Toby Melville/File Photo/File Photo By Reuters UK’s FTSE 100 slipped on Friday and was on course for a weekly loss, as concerns surrounding the fast-spreading Omicron variant and inflationary risks outweighed

By Anadolu Agency The 3rd Turkey-Africa Partnership Summit began Thursday with a meeting of high-level government officials in Istanbul, Turkey’s Communications Directorate said in a statement. The summit will continue with a meeting of foreign ministers Dec. 17. Concurrent sessions on health care, education, and agriculture with relevant ministers will be held also be held.

By African Exponent Africa may not be one of the wealthiest continents in the world because of how much disenfranchisement and colonialism the continent has faced. However, many post-independence countries have worked hard to restore and create valuable economies that can stand alongside some of the strongest and oldest currencies globally. Below is the top

A woman wears a face mask while walking crossing a road outside the Bank of England, in the financial district, known as The City, in London, Monday, Dec. 13, 2021. While many people will re-start working from home, the British government raised the country’s official coronavirus threat level on Sunday, warning the rapid spread of

Provided by The Guardian Illustration: Dado Ruvić/Reuters The Guardian By Richard Partington The Bank of England has said that bitcoin could be “worthless” and people investing in the digital currency should be prepared to lose everything. In a warning over the potential risks for investors, the central bank questioned whether there was any inherent worth

In this photo released by China’s Xinhua News Agency, representatives Laureano Ortega Murillo, son of and advisor to Nicaraguan President Daniel Ortega, left, and Chinese Vice Foreign Minister Ma Zhaoxu display their jointly signed communique on the resumption of diplomatic relations between the two countries in northern China’s Tianjin Municipality, Friday, Dec. 10, 2021. Taiwan