News archive of July 2019

Central Bank cuts year-end inflation forecast

Turkey's Central Bank on July 31 cut its year-end inflation forecast for 2019 to 13.9%, down from 14.6% in its previous report.         

Apple Sells Fewer Smartphones but Compensates with Higher Revenues in Services

Apple (Apple) reported revenue of $ 53.8 billion in the third quarter. The profit of the American company is 10 billion, which is a 13% decline, but exceeds market expectations, France Press reported.

The company stemmed some of its drop in sales to China, BBC reported.

No Decision Yet on Where Karadzic Will Serve Sentence

Radovan Karadzic in the courtroom in The Hague in March 2016. Photo: EPA/ROBIN VAN LONKHUIJSEN/POOL.

The UN's war crimes court has yet to decide here the former Bosnian Serb political leader Radovan Karadzic will be sent to serve his life sentence, BIRN has learned.

Weekend Activities: METALHEAD BEER FEST in Burgas

METALHEAD BEER FEST comes in early August in Burgas with a nice blend of craft beer, delicious food, a rock concert and fun for the kids.

The festival will be held on August 3rd and 4th, Saturday and Sunday, in Mineralni bani Park - Vetren quarter. Admission is free. During the holiday, the cars, except for the vehicles servicing the event, will be banned in the recreation area.

Greek May retail sales fall 2.4 pct, led by departments stores, foods

Greek retail sales by volume declined 2.4 percent in May compared to the same month last year after a downwardly revised 2.6 percent fall in April, statistics service ELSTAT said on Wednesday.

Retail sales were led lower by department stores, food and beverages, pharmaceuticals and cosmetics, the data showed.

350 million Trees Were Planted For 1 Day in Ethiopia

In Ethiopia, 350 million trees were planted in a day. The aim is thus to help nature and reduce the negative effects of climate change.

With great enthusiasm and desire to change the world, a lot of people joined the initiative. 

Greece sells 6-month T-bills, at lower 0.15 pct yield

Greece sold 813 million euros ($906.17 million) of six-month treasury bills to refinance a maturing issue, the country's debt agency PDMA said on Wednesday.

The debt agency sold the new paper at a yield of 0.15 percent, down 8 basis point from 0.23 percent in a previous sale in July. The amount raised included 187.5 million euros in non-competitive bids.

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