Turkey lowers interest rate even as inflation soars to 80%
ANKARA, Turkey (AP) — Turkey’s central bank on Thursday lowered its key interest rate despite inflation surging to nearly 80%…
August 2022
U.S. Weekly Jobless Claims Edged Lower Last Week
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell moderately last week, suggesting some loss…
Dollar Holds Its Gains As Fed Set For Lengthy Inflation Fight
By Alun John HONG KONG (Reuters) – The dollar touched a three-week high on Thursday after minutes from the Federal…
Fierce storm kills 3, injures 12 on French island of Corsica
PARIS (AP) — A violent thunderstorm hit the French island of Corsica on Thursday morning, leaving three people dead and…
Germany lowers natural gas tax to ease burden on consumers
BERLIN (AP) — Germany will temporarily lower taxes on natural gas to ease the pressures on people struggling with soaring…
Russian Rouble Leaps To More Than 2-week High Past 60 Vs Dollar
MOSCOW (Reuters) -The rouble surged to more than two-week highs on Thursday against the dollar and euro and Russian stocks…
Disqualified for disabilities, railroad workers fight back
OMAHA, Neb. (AP) — After Terrence Hersey had a stroke on the way home from his railroad job in 2015,…
Ghana Delivers Biggest Rate Hike Ever At Emergency Meeting
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) – Ghana’s central bank on Wednesday delivered its biggest rate hike ever,…
Armani, others flee wildfire on Sicilian island retreat
MILAN (AP) — Fashion designer Giorgio Armani and dozens of others were forced to flee from their vacation villas overnight…
UK Consumer Spending Drops As Inflation Hit Intensifies
LONDON (Reuters) – British consumers’ spending on credit and debit cards fell sharply over the past week and other measures…