Istanbul [Turkey], June 12 (ANI/Xinhua): Turkish consumers on Saturday were struck by the third round of fuel price hikes in a week, as a volatile Turkish currency took its toll on the economy, which relies largely on imports.
Nicosia [Cyprus] May 16 (ANI): Lebanon, a country plagued by state mismanagement and rampant corruption, the currency of which lost 90 per cent of its value and 80 per cent of its population live below the poverty line, on Sunday had its first elections since 2018.
Colombo [Sri Lanka], April 9 (ANI): Managing Director of Lanka Indian Oil Corporation, Manoj Gupta, says that Sri Lanka is undergoing the worst currency depreciation as the price of the US Dollar in Sri Lanka rose by over 50 per cent from Sri Lankan Rupees 203 to Rs 320, resulting in some
Colombo [Sri Lanka], April 9 (ANI): Negative social media has adversely impacted the tourism sector of Sri Lanka, which is battling its worst economic crisis, according to the Managing Director of Lanka IOC, a subsidiary of the Indian Oil Corporation.
Karachi [Pakistan], December 7 (ANI): Pakistan's public debt increased by 4 per cent at the end of October 2021, the central bank data showed on Monday, and analysts said that rising interest rates is likely to drive debt servicing cost higher in months ahead.
Washington [US], June 26 (ANI): Global food prices have rallied to multi-year highs, triggered by Covid-19 pandemic-related supply chain disruptions and soaring transport costs, the International Monetary Fund (IMF) has said.
Mumbai, Maharashtra [India], January 23 (ANI/NewsVoir): MahaDAO, a decentralized autonomous organization (DAO) governed by its users, the MAHA community, are officially launching the first epoch for ARTH, the world's first non - depreciating currency.