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Emerging markets

All-out war, or measured retaliation?

by Vera Ward
All-out war, or measured retaliation?

A banner depicting missiles and drones flying past a torn Israeli flag, with text in Persian reading “the next slap will be harder” and in Hebrew “your next mistake will …

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Record rainfall causes airport chaos, other disruptions

by Franz Hernandez
Record rainfall causes airport chaos, other disruptions

TOPSHOT – Cars are stranded on a flooded street in Dubai following heavy rains on April 18, 2024. Dubai’s giant highways were clogged by flooding and its major airport was …

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Beware what you wish for: calls for China to loosen grip on the yuan may rock emerging and developed markets alike, strategists say

by Anas Siddiqui
Beware what you wish for: calls for China to loosen grip on the yuan may rock emerging and developed markets alike, strategists say

China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of the risk that it unleashes a chain reaction rocking emerging- and developed-market …

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Turkey’s inflation climbs to 68.5% despite continued rate hikes

by Walter Watson
Turkey’s inflation climbs to 68.5% despite continued rate hikes

A money changer holds Turkish lira and U.S. dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021. Cagla Gurdogan | Reuters Turkey’s annual inflation rose to …

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Turkey opposition stuns in local elections victory over Erdogan party

by Vera Ward
Turkey opposition stuns in local elections victory over Erdogan party

Istanbul Municipality Mayor Ekrem İmamoğlu speaks at the 19 May Commemoration of Atatürk, Youth and Sports Day celebrations held at the Maltepe Event Area on May 19, 2023 on Istanbul, …

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Turkey’s local elections — and whoever wins Istanbul — could dictate future

by Vera Ward
Turkey’s local elections — and whoever wins Istanbul — could dictate future

As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background.  Vw Pics | …

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Saudi Arabia is building the world’s first Dragon Ball Z theme park

by Franz Hernandez
Saudi Arabia is building the world’s first Dragon Ball Z theme park

Visitors try out the latest version of Dragon Ball Z Kakarot at the 2019 Gamescom gaming trade fair in Cologne, Germany.  Lukas Schulze | Getty Images News | Getty Images …

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Dubai’s Parkin surges 30% in UAE’s first IPO of the year

by Walter Watson
Dubai’s Parkin surges 30% in UAE’s first IPO of the year

DUBAI, United Arab Emirates — Shares of Dubai parking operator Parkin surged more than 30% Thursday as the company went public on the Dubai Financial Market. Parkin’s price per share …

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Saudi Arabia wealth fund in talks to acquire national airline Saudia: Report

by Franz Hernandez
Saudi Arabia wealth fund in talks to acquire national airline Saudia: Report

Boeing 787 Dreamliner Saudi Arabian. Aircraft to Fiumicino Leonardo da Vinci Airport. Fiumicino (Italia), Nov. 11, 2021 Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty Images Saudi Arabia’s behemoth sovereign wealth …

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Turkey opts for new tightening strategy after signaling pause to hikes

by Ron Morgan
Turkey opts for new tightening strategy after signaling pause to hikes

A picture taken on August 14, 2018 shows the logo of Turkey’s Central Bank at the entrance of its headquarters in Ankara, Turkey. ADEM ALTAN | AFP | Getty Images …

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