The EU treats Erdogan’s bid for accession to the bloc coldly in sign that Ankara should not expect a dramatic progress. Alwaght- Turkey's economic situation is moving to worsening several weeks after naming a new cabinet by President Recep Tayyip Erdogan, to an extent that on Monday national cur ...
Riad Salameh stepped down as central bank governor as he his hit by corruption charges and investigation. Alwaght- After 30 years of undisputed governance, Riad Salameh’s governorship over Lebanon's central bank ended yesterday, adding another important post to a list of other key uncertai ...
The US dollar’s share in global foreign exchange reserves has slowly declined for decades. However, amid its increasingly frequent use as a “coercion weapon” on a state level, the dedollarization trend has been gaining momentum, with US restrictions serving to ignite greater trade in local currencie ...
The price rise comes amid Middle East tensions as Israel launches war on Gaza. Alwaght- Gas price in Europe exceeded $600 per 1,000 cubic meters on Friday for the first time since mid-February on London’s Ice, Russia’s Tass news agency reported.
The price of November futures at th ...
The Israeli economy has already showed signs of getting war impacts and a prolonged war can sink it in a serious crisis. Alwaght- The Operation Al-Aqsa Storm launched by Hamas that left thousands of Israelis killed and wounded, rocked the occupied territories like an earthquake and its aftermaths wi ...
Afghanistan is increasingly interested to trade with the world via Iran’s port of Chabahar and this can bring it economic prosperity. Alwaght- Disappointed with the international community for recognition of its interim government, the Taliban are resorting to new economic initiatives to beat crises ...
Egypt’s el-Sisi is said to plan to sign a deal with the UAE that gives a coastal area to Emirati investors to curb foreign currency crisis. Alwaght- These days, economic troubles in Egypt are bringing the Emiratis to this North African country for buying its islands, something that has created contr ...
Bin Salman, who envisions a prosperous Saudi Arabia through his ambitious projects, has actually caused the country to confront an 80% surge in budget deficit Bin Salman, who envisions a prosperous Saudi Arabia through his ambitious projects, has actually caused the country to confront an 80% surge ...
Iran is seeking new partnership with an Africa that is undergoing new changes that make it a favorable partner for Tehran. Alwaght- In the world's political literature, Africa is described the land of opportunities due to the high economic potentials and abundance of human and natural resources. ...