Lebanon experienced a nationwide strike involving all public sector institutions as well as both public and private schools on Monday, with those on strike demanding a public sector pay rise.
A new salary scale was approved by Parliament only for the constitutional council to revoke it on Friday. The government then failed in its emergency session on Sunday night toRead more
President Recep Tayyip Erdogan on Friday urged Turks to convert their foreign money into gold and lira to stimulate the country's economy as Turkey's currency continued its slide against the dollar.
"For those who have foreign currencies under the pillow, come change this to gold, come change this to TL (Turkish lira). Let the lira win greater value. Let goldRead more
The Turkish central bank on Thursday announced a surprise hike in its main interest rate, the first in nearly three years as it battles to prop up the embattled lira.
The monetary policy committee of the bank said the one-week repurchasing rate was being lifted to 8.0 percent from 7.5 percent, the first rate hike by the bank since JanuaryRead more