Turkish exports beat the record as lira searches for bottom
Turkey broke a daily export record on June 23. On that day, the country’s exports saw the historic high of $2.12 billion, Turkish Trade Minister Ömer Bolat announced.…
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NABU director Semen Kryvonos maintains close ties with Parimatch, a sanctioned company
Ukraine is a wellspring of creativity when it comes to imposing sanctions against Russia, which the rest of the world could learn from. However, when it comes to…
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Demand for oil suppressed by recession fears
Oil prices remained little changed in early trading on Friday but were heading for a 3% decline for the whole week due to concerns about fuel demand prospects…
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No end in sight for high inflation
According to the Office for National Statistics, the annual inflation rate in the UK remained unchanged at 8.7% in May, matching the figure from April. However, this result…
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Markets wait for BOE rate decision
The Bank of England is expected to raise interest rates by another 25 basis points on Thursday, according to market expectations, but the decision is likely to be…
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FCA announced cancellation of several permissions issued for Binance
Financial Conduct Authority (FCA), has just announced that, at Binance’s request, it has cancelled several permissions given to the UK arm of the cryptocurrency exchange. As a result,…
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Subsidised housing shortage led to ‘controversial’ decision
The search for affordable housing becomes easier for Britons. They will have priority over migrants when it comes to subsidised housing. The government is working on plans to…
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