Official Turkish inflation edges up in April, bordering on 70%
Alternative reading from economists is 124%. Analyst predicts central bank won’t shift to rate cuts until next year.
Alternative reading from economists is 124%. Analyst predicts central bank won’t shift to rate cuts until next year.
The Nigerian government is poised to greenlight ExxonMobil's $1.28bn asset sale to Seplat Energy within the next two weeks, pending resolution on critical issues related to decommissioning and host community rights.
Weeks of protests against the Georgian government’s Russian-style "foreign agents" bill have created a spirit of resistance that now poses a serious challenge to the country’s increasingly authoritarian regime.
Firms successfully secure new business with competitive pricing strategies.
Luminor is the third-largest bank in the Baltic states and is reportedly valued at more than €2bn.
CNB also improves its economic outlook for this year to 1.4% growth, up from the 0.4% growth it predicted in February.
S&P highlighted stronger contractions in production and weak client demand amid the burdens of the difficult manufacturing environment, which was also pressured by waning external demand.
IRI’s Western Balkan survey also reveals Albanians and Kosovars most committed to EU and Nato membership; support flagging in other countries.
Sustained slowdown in new orders feeds through to renewed moderation in output.
Russian President Vladimir Putin promised a planned tax overhaul would increase inflows to the state budget, benefit low-income families and provide long-term stability for Russian corporates at his meeting with the big business lobbying group.
The state budget deficit of Uzbekistan, amounting to Uzbekistani som (UZS) 25.6 trillion ($2.0bn) in the first four months of 2024, has surpassed ...
Under pressure from religious conservatives, Turkish leader Erdogan is said to have blocked all exports and imports. Move draws angry rebuke from Israelis.
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