Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of 7.24 against the U.S. dollar. It later pared some of those losses to trade around 6.99. “The markets clearly want much more decisive action,” […]
Since the first big screen appearance of the bear of little brain in Winnie The Pooh And The Honey Tree back in 1966, the residents of Hundred Acre Wood have been established favourites with families around the world. Christopher Robin moves their story on. He’s left his favourite toys behind, grown up and is now […]
Turkey began 2008 in the shadow of a very heated debate over whether female students could cover their hair with a headscarf — a practice banned in Turkey since 1989. In February 2008, the Justice and Development Party (AKP), a “conservative” party led by devout Muslims, with the support of two other parties, passed an […]
