LONDON: Trkiye could see a new rating upgrade in November with its improving net foreign currency reserves and quickly narrowing current account deficit. Since the shift Trkiye has gone in its macroeconomy policies over the year, the country saw the largest international credit rating agencies’ upgrade decisions. Fitch Ratings upgraded
ISTANBUL: Global markets began the new week on a positive trend, as inflationary pressures appear to be waning, although concerns about a potential recession continue to cloud economic outlooks worldwide. Analysts predict that the US Federal Reserve will cut interest rates by 75 basis points before the year’s end. However,
ISTANBUL: Eurozone business activity saw a renewed decline in September, data provider S and P Global said on Monday. The fall in output was the first in the last seven months and came amid a sustained reduction in new orders, it noted. New business fell at the sharpest pace since
CYPRUS DEPARTMENT OF METEOROLOGY FORECAST FOR THE SEA AREA OF CYPRUS (A) FOR THE PERIOD FROM 0600 23/09/2024 UNTIL 0600 24/09/2024 Area covered is 8 kilometers seawards. Winds are in BEAUFORT scale. Times are local times. Atmospheric pressure at the time of issue: 1009hPa (hectopascal) Weak low pressure and an
Cyprus hosts Monday in the coastal town of Larnaka, the summit of the MED9 on energy. Energy Ministers of Cyprus, France, Greece, Italy, Spain, Croatia, Malta, Portugal and Slovenia will hold discussions with the aim of strengthening the energy cooperation between the nine Mediterranean member states of the EU, especially
Cyprus President Nikos Christodoulides will hold a meeting today in New York with UN Secretary-General Antonio Guterres. President Christodoulides, who is in New York for the UN General Assembly, will address today the UN Future Summit and hold meeting with the Serbian President Aleksandr Vucic and with King Abdullah II
