Economic events

Turkish annual inflation soars to 67% in February

Turkish annual inflation soars to 67% in February

The Maslak financial and business center in the Sariyer district of Istanbul. Ayhan Altun | Moment | Getty Images Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, … Read more

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to shareholders hit a record $1.66 … Read more

Egypt hikes interest rates by 600 basis points, pound crumbles to record low

Egypt hikes interest rates by 600 basis points, pound crumbles to record low

Yousef Gamal El-Din | CNBC Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency. The steps were meant to … Read more