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GENERAL

MARKET

ECB expected to cut deposit interest rate to 2%, experts say

ISTANBUL: The European Central Bank (ECB) is expected to continue its rate cuts at its monetary policy meetings this year, with experts estimating that the bank could reduce its deposit interest rate to as low as 2%.

According to estimates in the mon…

ECB expected to cut deposit interest rate to 2%, experts say

ISTANBUL: The European Central Bank (ECB) is expected to continue its rate cuts at its monetary policy meetings this year, with experts estimating that the bank could reduce its deposit interest rate to as low as 2%.

According to estimates in the mon…

SCIENCE

GOVERNANCE

Hold Israel accountable for terrorism: Maldives president tells UN

ISTANBUL: Maldivian President Mohamed Muizzu urged the international community on Tuesday to hold Israel accountable for ‘acts of terrorism’ as he pushed back against violation of international law. ‘Israel must be held accountable for these acts of terrorism, for these violations of international law and UN resolutions,’ Muizzu told the

Turkish, Serbian presidents meet in US for talks

WASHINGTON: Turkish President Recep Tayyip Erdogan and his Serbian counterpart Aleksandar Vucic met on Sunday in New York for talks. The closed-door meeting at the Turkish House came on the sidelines of the 79th session of UN General Assembly (UNGA). Trkiye sees Serbia as an important country for the stability

Eurasian Economic Union celebrates 10th anniversary in Kazakhstan

ASTANA: The Eurasian Economic Union met on Friday in Almaty, Kazakhstan.

Russian Prime Minister Mikhail Mishustin, Belarusian Prime Minister Roman Golovchenko, Armenian Prime Minister Nikol Pashinyan and First Deputy Chairperson of the Council of Mini…

Hospitals should not be battlegrounds: UN

The hospitals should not be battlegrounds, said a UN spokesman on Wednesday following the Israeli military’s raid at Al-Shifa hospital in Gaza. “Hospitals should not be battlegrounds. The parties should not be fighting in a hospital. Hospitals should not be battlegrounds anywhere in the world. Full stop,” Stephane Dujarric said

Libyan PM’s wife: Palestine excluded from human rights declaration

Palestine and its people “are not included” in the international human rights declaration, said the wife of the Prime Minister of Libya, Amina Ali Mohammed Al-Shawush Al-Dilaw, on Wednesday. As part of the “One Heart for Palestine” meeting of first ladies in the Turkish metropolis Istanbul, Al-Dilaw emphasized the full

Kazakhstan claims netting group attempting coup

Kazakhstan’s National Security Committee (KNSC) announced on Wednesday that a group of people was arrested in the republic on charges of attempted coup. “On Nov. 15, 2023, the KNSC in coordination with the Prosecutor General’s Office neutralized cells of a radical religious group in the cities of Astana, Atyrau and

UK Supreme Court rejects Rwanda plan to deal with migrants

Rejecting a high-profile policy meant to help deal with migration, the UK Supreme Court on Wednesday ruled that the government’s plan to send asylum seekers to Rwanda is unlawful. The controversial plan that seeks to deport asylum seekers to Rwanda while their claims are being assessed was ruled unlawful by

S&P records best day since April as US stocks jump with slowing inflation

The S and P 500 recorded its best daily performance since April on Tuesday as US stocks jumped with slowing inflation. The index increased 84 points, or 1.91%, to finish the day at 4,495. The Dow Jones Industrial Average meanwhile rose 489 points, or 1.43%, to close at 34,827. The