Search
Close this search box.
Search
Close this search box.

General

EU’s AI Act enters into force

ANKARA: The EU’s Artificial Intelligence Act entered into force on Thursday.

The AI Act was adopted by members of the European Parliament in March, approved by the EU Council in May, and published in the Official Journal on July 12.

“It will be full…

Read More

Bank of England cuts key rate by 25 basis points

ANKARA: The Bank of England (BoE) on Thursday cut the bank rate by 25 basis point from 16-year high to 5%, as widely expected.

“It is now appropriate to reduce slightly the degree of policy restrictiveness,” the BoE said in a statement following its …

Read More