Page 6 - Teneo Intelligence News Today

ANKARA: In an overnight decision on Dec. 2, Turkish President Recep Tayyip Erdogan appointed Nureddin Nebati as the country’s new minister of treasury and finance in place of Lutfi Elvan, adopting orthodox policy rather than monetary easing. Elvan, having disagreed with Erdogan over the decrease of interest rates, reportedly stepped down from the post voluntarily. He was a

Russia will be holding elections to the State Duma, the lower house of parliament, this weekend and experts expect the vote to bolster the Kremlin further.

ANKARA: The Turkish lira again slumped to a fresh low early on Wednesday, losing 0.6 percent of its value and hitting a low of 8.88 lira to the US dollar after President Recep Tayyip Erdogan announced his willingness to cut interest rates June 1. The drop is alarming in a country that already faces significant financial stress due in part to the coronavirus pandemic, with the

There are doubts whether the Biden-Putin summit can achieve anything.

And while the political pundits and policymakers are busy with the election campaign, business leaders are keenly watching with interest at the developments in Berlin. One such figurehead is Joe Kaeser, the former chief executive of engineering powerhouse Siemens, who told CNBC that the rise of the Greens is an "interesting thing to watch." "For the first time theyve got a chancellor candidate, a female. This time they have the aspiration to rule the country, not just (on an) environmental (lev...

Turkish Central Bank keeps interest rates high as inflation weighs on economy Cornered by rising inflation and a weakening currency, Turkey’s Central Bank kept its benchmark interest rate steady at 19% on May 6 as policymakers await positive signals. Women sit next to an exchange office at Laleli in Istanbul, Turkey, March 22, 2021. - Bulent Kilic/AFP via Getty Images May 6, 2021 ISTANBUL ­­— Turkey’s Central Bank policymakers kept interest rates steady May 6 for a second me...

How Nicola Sturgeons Scottish National Party fares in Thursdays election could largely determine how easily it can galvanize public opinion and pursue another referendum. The party is predicted to achieve a narrow parliamentary majority in the vote, according to the latest polling for Sky News. The same polling carried out by Opinium also found that support for a second Scottish independence referendum remains divided down the middle at 50-50, once "dont knows" are excluded, down from 51-49 in ...

Popularity of Chiles Pinera in the doldrums following pensions fiasco FILE PHOTO: Chiles President Sebastian Pinera is seen at the presidential palace Cerro Castillo, in Vina del Mar, Chile November 8, 2020. REUTERS/Rodrigo Garrido/File Photo reuters_tickers This content was published on April 29, 2021 - 22:11 April 29, 2021 - 22:11 By Fabian Cambero SANTIAGO (Reuters) - Three quarters of Chileans disapprove of Chilean President Sebastian Pineras management of the country, according to a poll p...

By Fabian Cambero SANTIAGO, April 29 (Reuters) - Three quarters of Chileans disapprove of Chilean President Sebastian Pineras management of the country, according to a poll published on Thursday, just days after the center-right septuagenarian suffered a bruising defeat in his bid to hold back a fresh raid on the countrys free market pensions system. The Center for Public Studies (CEP) found just nine percent of the 1,655 people around the country polled between April 12 and 23 said they approv...

Will Japan Confront China? A Visit to Washington May Offer a Clue. Prime Minister Yoshihide Suga is the first foreign leader to be invited to the Biden White House, where he is likely to be pressed to more fully address Beijing’s threat to stability in the region. Prime Minister Yoshihide Suga of Japan was to arrive in Washington on Thursday.Credit...Pool photo by Eugene Hoshiko April 14, 2021 TOKYO — As he visits Washington this week, it would seem as if Prime Minister Yoshihide Suga of Ja...