Economy International

Market wants ‘decisive action’ so Turkey needs to raise rates: Yale economist Stephen Roach

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,” […]

Economy International

China could reportedly use its ‘unwritten’ tech rules as an ‘invisible tool’ against US firms

With Sino-American trade tensions escalating, China’s cybersecurity standards could be used as an “invisible tool” for retaliating against Washington’s tariffs, according to one expert. Such standards are government-issued operational guidelines that are technically voluntary, but are oftentimes treated as mandatory by foreign firms’ Chinese business partners. If Asia’s largest economy were to weaponize the listing […]

Economy International

Market wants ‘decisive action’ so Turkey needs to raise rates: Yale economist Stephen Roach

Speaking at an event marking his country’s independence from Japanese rule, Moon said such a “community” could eventually herald the launch of a “multilateral security system” in the region, according to the report. “This community will lead to an energy bloc and economic bloc in Northeast Asia by expanding our economic area to the northern […]

Entertainment Fashion International

Comic-Con Unveils New Teaser For ‘The Walking Dead’: Season 9

A new teaser for the new season of The Walking Dead has been unveiled at the 2018 San Diego Comic-Con. We’re expecting a longer trailer later today, but this was unveiled in Southern California yesterday at the world’s biggest comic convention. The Walking Dead stars Andrew Lincoln, Norman Reedus, Lauren Cohan, Chandler Riggs, Danai Gurira, Melissa McBride, […]

Entertainment Fashion International

Priyanka Chopra shows off engagement ring at Manish Malhotra’s party

Fans finally got a glimpse of Priyanka Chopra’s engagement ring and we need to thank Raveena Tandon for it. Priyanka attended designer Manish Malhotra’s party and photos from the do were shared by Raveena on her Instagram account. Sharing a few photos with Priyanka, Raveena wrote, “Peecee and I getting our pouts in order!” In […]

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International Sports

Playing for pizza: An Italian town that lives and breathes shooting

Imagine a quaint, sparsely-populated town, a beach nearby, tiny little cafes and a dozen shooting ranges. That’s Capua for you. It is not a touristy place, most travellers prefer Naples which is roughly a 20-minute drive from here. Naples is a much more happening city compared to Capua, which has a countryside feel to it. […]

International Sports

Sri Lanka beat South Africa by three wickets in one-off T20I

Sri Lanka pulled off a close three-wicket win in the only Twenty20 match against South Africa on Tuesday after the team’s spinners dismissed the tourists for their lowest score in the format. Batting first after winning the toss, South Africa was bowled out for 98 runs in the 17th over. South Africa’s previous lowest score […]

International Sports

WWE SmackDown Live: Samoa Joe continues mind games with AJ Styles ahead of SummerSlam

With former NXT Champion Samoa Joe bringing up AJ Styles’ family in the past couple of weeks, the upcoming fight between the two superstars for the WWE Championship title at SummerSlam has become more personal than anyone anticipated. Ahead of the clash between the two on Sunday, The Phenomenal One came down to the ring […]

International Politics

The 4 Russia investigations in Congress, explained

House intelligence committee Who leads it: Rep. Mike Conaway, Texas Republican, and Rep. Adam Schiff, California Democrat. What’s the latest: The committee is back on track, planning to hear from FBI Director James Comey on May 2 and former acting Attorney General Sally Yates later. It’s a far cry from where they were just three […]

International Politics

Understanding the Turkish Model of Governance

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 […]

International Politics

Sanders ‘can’t guarantee’ Trump hasn’t used the n-word, but hasn’t heard him do it

As President Donald Trump faced allegations of racism and cruelty on Tuesday, his press secretary stepped to the White House podium to deny only one of those charges. Briefing reporters for the first time in weeks, Sarah Sanders insisted Trump was not using racially coded language when he disparaged a disgruntled former aide, who is […]

International Politics

Why the U.S. and Others Are Casting a Wary Eye on Foreign Investment From China

While the U.S.-China trade war has been getting the headlines, investors from China are running into resistance in countries around the world, including the United States. Typically, governments welcome foreign investment, especially local governments, as a mechanism to create—or save—jobs, reinvigorate their economies and gain access to new technologies. Growing investment outflows from China, however, […]