Economy
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News
Iran’s currency falls to a new low as nuclear sanctions squeeze its ailing economy
A street money exchanger holds U.S. and Iranian banknotes at Ferdowsi square, Tehran’s go-to venue for foreign currency exchange, in…
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UK lifts sanctions on dozen Syrian government bodies | Business and Economy News
Sanctions on 12 Syrian entities removed, including the defence and interior ministries. The United Kingdom has removed its sanctions on…
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Trump’s tariffs may end up blowing up the US dollar hegemony | Business and Economy
United States President Donald Trump’s second term in office has launched with a whirlwind of changes to the status quo…
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Business
Iran’s economy minister impeached amid rising inflation, falling currency | Business and Economy News
Hemmati was removed from office after 182 out of 273 lawmakers voted against him. Iran’s economy minister has been impeached…
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India’s Adani withdraws from troubled $442m Sri Lanka wind power projects | Business and Economy News
Conglomerate founded by billionaire Gautam Adani says it withdrew from the projects as they were ‘financially unviable’. The Indian conglomerate…
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Business
Argentina’s Milei starts shock therapy by devaluing peso by 50 percent | Business and Economy News
New president Milei warns of painful measures as currency value slashed, subsidies cut, public works tenders cancelled. Argentina’s government has…
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News
Suspended Nigerian central bank governor denies firearm charges | Business and Economy News
The central bank chief, Nigeria’s longest-serving, has been suspended since June 10 and in state custody. The suspended governor of…
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News
Who is Hafize Gaye Erkan, Turkey’s new central bank chief? | Business and Economy News
Erkan becomes the first woman to lead the central bank after her appointment by President Recep Tayyip Erdogan. Hafize Gaye…
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Nigerians look to president-elect Tinubu for economic turnaround | Business and Economy
Ilorin, Nigeria – On Monday, as Nigeria’s president-elect Bola Tinbu is sworn into office, Olusegun Badmus will be one of…
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UK raises interest rates to highest level since 2008 | Business and Economy News
The quarter of a percentage point rise to 4.5 was expected, but the 12th increase in a row brings concerns.…
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