Interest rates in Turkey are lowered to 47.5 percent. Channel News Pakistan

Istanbul (AFP): In an effort to combat double-digit inflation, Turkey’s central bank reduced its main interest rate on Thursday for the first time in over two years. Citing improvements in “inflation expectations and pricing behavior,” the bank’s monetary policy committee voted to lower the target rate from 50% to 47.5%.Continue Reading

Aleema Khan claims the PTI founder opposes house arrest or exile. Channel News Pakistan

ISLAMABAD — According to Aleema Khan, the founder of the Pakistan Tehreek-e-Insaf (PTI) was disappointed that his requests were not taken seriously. She cited him as stating, “Keep me in jail, but release the other prisoners,” when speaking outside Adiala Jail. Aleema underlined that the PTI founder made it clearContinue Reading