Turkey leaves interest rates unchanged, nods to lira weakness
Al Jazeera
Central bank left rates steady at its latest but signalled it is moving closer to a rate cut expected later this year.
Turkey’s central bank has held its key interest rate at 19 percent as expected and has suggested it is inching closer to a cut expected later this year, even while it nodded to renewed pressure on the Turkish lira. The bank said on Thursday the recent import-price pressure plays a role in posing risks to inflation expectations, and it repeated a pledge to keep rates above inflation, which is expected to remain about 17 percent for much of the year. The central bank last changed its one-week policy rate in March when former Governor Naci Agbal raised it to head off rising prices. A poll by Reuters news agency shows analysts expect easing to begin in the fourth quarter when inflation is predicted to decline.
Court also issues warrants for former Israeli Defence Minister Yoav Gallant and Hamas military commander Mohammed Deif.
Britain and France have long agitated for a more aggressive posture, but Germany still refuses to give Ukraine Taurus missiles.
RFK Jr might try to curb access to vaccines if not able to impose an outright ban but will face pushback, experts say.
Air raids on Beit Lahiya and Gaza City come as humanitarian crisis worsens in besieged territory.
Despite unpredictable, sometimes dangerous, skies, MEA and other airlines are still flying. Here’s how, and why.
Human rights group Viasna reports 1,275 political prisoners still jailed and face harsh conditions.
The Department of Justice said Google had ‘deprived rivals’ of opportunities to expand their search engine market share.
Matt Gaetz has faced allegations of sex trafficking a 17-year-old girl, drug use, and misappropriating campaign funds.
British luxury automaker’s advertising campaign features models of varying ages, genders and races – but no cars.