The appointment comes a few hours after the resignation of Hafize Gaye Erkan citing a media scandal. President Recep Tayyip Erdogan has named the central bank’s Deputy Governor Fatih Karahan as its new head following the resignation of the chief, Hafize Gaye Erkan. The appointment of the former senior economist…
Police in Argentina have fired rubber bullets to disperse protesters gathered outside Congress in Buenos Aires as lawmakers debated newly elected President Javier Milei’s sweeping economic, social and political reform package. Opposition legislators stormed out of the building at one point to observe and denounce the police action, but later…
Tunisian President Kais Saied is preparing to seek direct financing for the government’s budget from the Central Bank of Tunisia in a move analysts say could worsen the financial difficulties the country has been experiencing since before its 2011 revolution. Shortfalls in the budget have already resulted in the absence…
Ayodhya, India – As half a million people converged on the gates of the new temple to the Hindu deity Ram, Brijesh Pathak looked on. It was the day after Indian Prime Minister Narendra Modi had consecrated the shrine amid a national frenzy that had turned the attention of a…
Opposition has pledged to block the president’s mega-bill to reform the economy, politics and even some aspects of private life. Argentina’s lower house of Congress has begun what is expected to be a marathon debate on libertarian President Javier Milei’s mega-bill to reform the economy, politics and even some aspects…
IMF upgrades growth outlook for Russia and downgrades expectations for the eurozone. The International Monetary Fund predicts strong growth for Russia’s economy this year, despite sanctions imposed for its invasion of Ukraine. European nations trail well behind Russia in the IMF growth forecast. What’s behind these figures? Presenter: Adrian Finighan…
New Delhi, India – Demand for India’s Basmati, the long-grain aromatic rice, from traditional buyers in the Middle East, the US and Europe has dropped as it has become costly. The reason is the escalating tensions in the Red Sea, the shortest and most efficient trade route for ships moving…
A door blowout aboard an Alaska Airlines Boeing 737-9 MAX was not how many expected the first week of 2024 to unfold. However, following the incident, inspections and investigations have uncovered further production flaws at Boeing, raising concerns about quality control for the major manufacturer, alongside safety. Since the Alaska…
Houthi rebels have attacked vessels transporting goods through Bab al-Mandeb strait that they say are linked to Israel. Inflation was expected to ease in 2024 after more than 18 months of interest rate hikes by central banks. The most aggressive monetary tightening in decades. But attacks by Houthi rebels in…
A honeymoon in Western Tibet came to a tragic end in October when the newlyweds crashed their car on a mountain road after suffering altitude sickness. Sitting in the passenger seat, 27-year-old Yu Yanyan from Shanghai was badly injured. Despite being transferred to a local hospital, rapid haemorrhaging and a…
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