Iran traders pay a high price for Mahsa Amini protests
TEHRAN: At a bazaar in north Tehran, merchants are paying a high price since protests erupted across Iran more than two weeks ago over the death in custody of young Kurdish woman Mahsa Amini.
TEHRAN: At a bazaar in north Tehran, merchants are paying a high price since protests erupted across Iran more than two weeks ago over the death in custody of young Kurdish woman Mahsa Amini.
LONDON: Major oil-producing nations led by Saudi Arabia and Russia are expected to make this week their biggest output cut since the start of the COVID pandemic in efforts to buttress prices.
LONDON: UK Prime Minister Liz Truss on Sunday conceded she should have better prepared Britain for her recent debt-fuelled mini-budget slashing taxes, which sparked market turmoil, dismal headlines and disastrous polls.
COLOMBO: Sri Lanka’s government on Sunday cut taxes on female sanitary products in a bid to help women and girls unable to afford them because of the country’s economic crisis.
BAGHDAD: Decent salaries and stability are the hallmarks of a job in Iraq’s civil service, an institution much coveted by young graduates, even as it starves the private sector and hobbles the economy.
BERLIN: Germany on Thursday extended a 200-billion-euro ($194-billion) shield to protect households and businesses from skyrocketing power costs, as Europe’s biggest economy found itself in an “energy war over prosperity and freedom” against Russia.
FRANKFURT: Luxury sports carmaker Porsche raced onto the Frankfurt stock exchange Thursday with one of Europe’s biggest listings in years, leveraging its brand power to defy global market turmoil.
LONDON: UK Prime Minister Liz Truss on Thursday defended her tax cutting policy after days of silence during which markets tanked and the Bank of England was forced into an emergency intervention.
Brussels: Eurozone consumer prices skyrocketed by a record 10 percent in September, official data showed on Friday, as inflation reached double digits on the back of soaring energy prices caused by Russia’s war on Ukraine.
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