The Simplification of the Micro and Macro Prudential Framework by CBRT
The Monetary Policy Committee of the Central Bank of the Republic of Turkiye (CBRT) stated in its decision of June…
Indonesian Economy Has Emerged from the Pandemic Performing Strongly
The International Monetary Fund (IMF) assesses that Indonesia has shown good economic recovery after the pandemic, supported by strong macroeconomic…
Volatile Ruble Recovers from 15-Month Low after Aborted Mutiny
The ruble recovered from sinking to its lowest in nearly 15 months against the dollar on June 26, 2023, paring…
Facebook Owner Launches Virtual Reality Subscription Service
Facebook owner Meta has launched a virtual reality (VR) subscription service as it tries to make that part of its…
Promotion of Agro-Based Industry Stressed
Chairman Rice Research and Development Board Punjab Shahzad Ali Malik on June 25, 2023 stressed the urgent need for the…
ICCI for Further Strengthening Trade Ties with Japan
President Islamabad Chamber of Commerce and Industry (ICCI) Ahsan Zafar Bakhtawari on June 25, 2023, urged the need for further…
SBP Decides to Raise the Policy Rate by 100 bps to 22.0 percent
In the statement after its meeting held on June 12, 2023, the Monetary Policy Committee (MPC) viewed the then monetary…
China Unveils $72 billion Tax Break for EVs, Other Green Cars to Spur Demand
China unveiled on June 21, 2023, a 520-billion-yuan ($72.3 billion) package of tax breaks over four years for electric vehicles…
International Use of the Euro Resilient in 2022
The international role of the euro was resilient in 2022, with its share across various indicators of international currency use…
UK Net Debt Passes 100 percent of GDP for First Time Since 1961
Britain’s public sector net debt surpassed 100 percent of gross domestic product in May as borrowing came in higher than…