Erdogan promises to keep interest rates low despite fluctuation in prices

Turkish President Recep Tayyip Erdogan expressed optimism that the country’s unpredictable foreign exchange and inflation rates will soon stabilise, while reiterating his opposition to high interest rates in the aftermath of the lira’s sharp depreciation. The currency has lost 30% of its value in the previous month as a result of Erdogan’s dramatic interest rate […]

Iran all set for nuclear deal

Iran’s top diplomat claims that a deal to resurrect his country’s nuclear pact with world powers is “within grasp,” but that it is contingent on Western goodwill. Foreign Minister Hossein Amir-Abdollahian said on Twitter on Thursday that talks in Vienna, Austria, were “progressing with seriousness” and that lifting sanctions was a “basic priority.”   “Good […]

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