Turkey Central Bank cuts interest rates to 43%
Summary Turkey’s central bank cut interest rates by three points. This marks a return to easing monetary policy. The cut aims to boost economic growth. Inflation remains high despite the rate reduction. The decision may affect Turkey’s currency and…
EU solar energy rollout falls 2025: Amid subsidy cuts
Summary The EU solar energy rollout declined in 2025. This is the first drop in a decade. Cuts in subsidies caused the slowdown. The decline threatens the EU’s climate goals. Industry experts warn of market instability. The EU faces other challenges like…
Russian antonov An-24 plane crash in far east kills nearly 50
Summary A Russian Antonov An-24 crashed on July 24, 2025, in the Amur region’s far east. Nearly 50 people were on board, including five children. The plane disappeared from radar near Tynda during landing approach. The burning wreck was found in a dense…
Pakistan spy agency cracks down on black market dollar trade
Summary Pakistan’s spy agency is cracking down on black market dollar trading. The move aims to stop the rupee from falling further. The Inter-Services Intelligence (ISI) leads the operation. Illegal currency traders are being raided and arrested. The…
Saudi Arabia sends High-Level delegation to Syria for economic talks
Summary Saudi Arabia has dispatched a high-level delegation to Syria to engage in economic discussions. The visit is part of a broader move by Saudi Arabia to enhance diplomatic and economic ties with Syria. Discussions focus on potential economic…
Deputy PM Dar invites New York Investors to Pakistan’s Youth market
Summary Deputy Prime Minister (PM) Mohsin Ali Dar emphasized Pakistan’s advantageous demographics and growing consumer market during his investment invitation to New York investors. Dar highlighted Pakistan’s youthful population as a key asset for…
EU countermeasures to US tariffs explained
Summary The EU finalized countermeasures against US tariffs. The US imposed tariffs citing national security. The EU tariffs target aerospace, agriculture, and technology. The dispute is linked to Boeing-Airbus subsidy fight. The EU says its actions are…
Kuwait Airways, KFAS forge aviation training partnership
Summary Kuwait Airways and KFAS met to expand aviation training and cultural cooperation. Officials stress commitment to national capacity, youth, and culture. Kuwait Airways seeks extensive cadet and pilot training partnerships (e.g., FTEJerez). KFAS…
Moroccan All Shares index dips 0.56% in latest trading
Summary Moroccan All Shares Index (MASI) closed down 0.56% on Wednesday, July 23, 2025. The MASI index lost 107.29 points during the day’s session, closing near 19,062 points. The market recorded notable declines in key sectors, with the FBR stock…
UK CMA action targets Apple and Google Mobile platforms
Summary The UK’s Competition and Markets Authority (CMA) is preparing to take regulatory action against Apple and Google concerning their mobile platforms. The focus is on potential anti-competitive practices in the mobile app ecosystems controlled by…