Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President...
The future of wealth management lies in hybrid models, combining AI’s data-driven precision with human empathy and ethical oversight. While...
Istanbul, Turkey - Turkey's current account deficit increased to $9.85 billion in January, the highest monthly deficit since 1984, the...Turkey's trade deficit widened 38 percent in January to $14.24 billion, largely due to the sharp rise in gold imports and the rising cost of energy imports
Excluding gold and energy, the current account showed a surplus of $2.6 billion in January, as opposed to a surplus of $1.7 billion in the same month last year
- Just days ahead of the 20th anniversary of the US-led invasion that resulted in war, chaos, and political instability, Iraq's...
Iraq is plagued by corruption as well as power cuts that reflect its crumbling infrastructure
The United Nations estimates that nearly one-third of Iraq's 42 million population live in poverty
A Lebanese judge has asked central bank chief Riad Salameh to appear before visiting European investigators, a judicial official said...Lebanon central bank chief Riad Salameh denies all accusations against him and has rarely appeared before the judiciary.
If he shows up, it would be the first time Salameh, 72, appears before European investigators probing suspected financial misconduct.
The 2022 Corruption Perception Index says corruption is undermining democratic processes and fueling violence in the Middle East and North...The CPI ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).
With a score of 90 and 87 respectively, Denmark and Finland top the CPI, while Somalia and Syria hit rock bottom with a score of 13 and 12 respectively.
- Russia has agreed to extend the Ukraine grain export deal following talks with the United Nations - but only for...
The grain export deal has helped ease the global food crisis triggered by Russia's full-scale invasion of Ukraine in February 2022.
The invasion saw Ukraine's Black Sea ports blocked by warships until a deal signed in July allowed for the safe passage of exports of critical grain supplies.
- GENEVA, SWITZERLAND - The world failed to act quickly enough to rush life-saving aid to Syrians in desperate need following the...
Almost 6,000 people were killed in Syria by the 7.8-magnitude tremor that struck the country and neighboring Turkey.
The UN estimates that five million people need basic shelter and non-food assistance in the quake-hit part of Syria.
Treasury Secretary Janet Yellen said the government wants to avoid financial "contagion" from the SVB implosion, as it ruled out...Joe Biden vowed to hold accountable the people responsible for SVB collapse and said he would deliver remarks Monday on maintaining a resilient banking system
In a joint statement, financial agencies including US Treasury said SVB depositors would have access to "all of their money" starting Monday, March 13
Beijing, China--China's new premier warned Monday that the country's five-percent growth target for 2023 would not be "easy" to achieve, as...The Chinese government has set the economic growth target of around five percent as the country came out of strict zero-Covid rules that undermined growth
The new premier also took a dig at the US as relations between the two powers have worsened over a host of issues such as trade, technology and security
Cairo, Egypt--Egypt’s export to China increased by 20.8 percent to $1.7 billion in the first 11 months of 2022, compared...Trade between the two countries shot up by 2.6 percent during the first 11 months of 2022, reaching $14.9 billion from $14.5 billion, according to the official data
The North African country's imports from China totaled $13.2 billion from January to November 2022, up from $13.1 billion in the same period in 2021
- Signature Bank was reeling from a bet on crypto banking that foundered after the sector imploded and banking regulators cracked...
Signature Bank's collapse is the third in under a week after Silvergate Bank's voluntary liquidation and Silicon Valley Bank's shutdown
The closure of the bank comes months after Signature said it would be reducing its exposure to the crypto sector
