Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by optimism of a $1.9 trillion fiscal stimulus plan to help revive the U.S. economy.
Italian Prime Minister Giuseppe Conte is close to resigning, but then hopes to form a new government that can count on a broader majority, national dailies reported on Monday.
Italian Prime Minister Giuseppe Conte is close to resigning, but then hopes to form a new government that can count on a broader majority, national dailies reported on Monday.
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ANKARA/NEW YORK (Reuters) - Foreign investors who for years saw Turkey as a lost cause of economic mismanagement are edging back in, drawn by the promise of some of the biggest returns in emerging markets if President Tayyip Erdogan stays true to a pledge of reforms.
FILE PHOTO: A money changer counts Turkish lira banknotes at a currency exchange office in Istanbul, Turkey August 2, 2018. REUTERS/Murad Sezer
More than $15 billion has streamed into Turkish assets since November when Erdogan - long sceptical of orthodox policymaking and quick to scapegoat outsiders - abruptly promised a new market-friendly era and installed a new central bank chief.
Nigeria's parliament will pass the long-delayed Petroleum Industry Bill by the second quarter of 2021, Senate President Ahmed Lawan said during a parliamentary session on Monday.