US Federal Reserve
Cooling US inflation lifts hope for smaller Fed rate hike
Slowing inflation and a cooling property sector are fueling expectations that the U.S. central bank can adopt a smaller interest rate hike this week, as policymakers assess current efforts to rein in prices.
Iraqi central bank chief leaves post
Iraq's prime minister said yesterday the country's central bank governor had been relieved of his duties as the local currency continues to fall against the dollar.
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Non-hibernating bears fed with special diet program
A special diet program has been made for 72 bears that did not hibernate in Türkiye's only bear shelter in the northwestern province of Bursa.
Some 72 bears at the Karacabey Ovakorusu Bear Shelter could not hibernate due to the unusual seasonal conditions. Apart from the food they find in the natural environment, the bears are fed specially by their caretakers to prepare for winter.
‘Food Express’ sets off for animals in shelters in country’s east
Within the scope of a social responsibility project for animals living in shelters in the country's eastern provinces where the temperature has dropped below zero, volunteers have delivered 40.6 tons of food to animal shelters in Kars, Ardahan, Erzurum and Ağrı.
3 dogs mothering 52 abandoned puppies in shelter
Three stray dogs have fed 52 unmothered puppies in an animal shelter in the eastern province of Erzurum.
Three dogs named "Süslü," "Yumak," "Susam" who nurse the abandoned dogs brought to the shelter and 52 puppies became the center of attention of the visitors of a shelter in Erzurum.
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US mortgage rates top 7% for the first time in 2 decades
The average long-term U.S. mortgage rate topped 7% for the first time in more than two decades this week, a result of the Federal Reserve's aggressive rate hikes intended to tame the nation's stubbornly high inflation.
10,000 flamingo chicks hold on to life in Lake Salt
Around 10,000 flamingos have reunited with nature thanks to the measures taken to prevent flamingo deaths due to drought in Lake Salt in the Central Anatolian province of Konya, Environment, Urbanization and Climate Change Minister Murat Kurum has announced.
Soaring U.S. dollar spreads pain worldwide
The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money.
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US inflation to pressure Fed to keep raising rates
Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and ensuring that the Federal Reserve will keep raising interest rates aggressively.
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IMF: There is a Danger of Recession in the World Economy in 2023, Bulgaria with Slow Growth
A sharp tightening of financial conditions amid high inflation could lead to a recession in the global economy in 2023, according to the International Monetary Fund's (IMF) World Economic Outlook report released today.