Economy

Oil prices drop as China's COVID-19 measures cue lower demand
Oil prices drop as China's COVID-19 measures cue lower demand

Country insistent on implementing strict zero-COVID policy.

Crypto lender Celsius pauses withdrawals amid 'extreme market conditions'
Crypto lender Celsius pauses withdrawals amid 'extreme market conditions'

Cryptocurrency loan company's token, CEL, loses 51% in value.

Türkiye aims to make Istanbul Finance Center a global economic hub
Türkiye aims to make Istanbul Finance Center a global economic hub
US annual inflation hits 8.6% in May, highest since 1981
US annual inflation hits 8.6% in May, highest since 1981
OECD lowers world GDP forecast to 3% for 2022
OECD lowers world GDP forecast to 3% for 2022
Fed on course for tightening to combat high inflation
Fed on course for tightening to combat high inflation

US Federal Reserve gradually ending supportive measures against pandemic's impacts on economy.

Islamic Development Bank focuses on food supply, green investments: Turkish minister
Islamic Development Bank focuses on food supply, green investments: Turkish minister

Türkiye held productive meetings with bank members in Egypt, says Treasury, Finance Minister Nureddin Nebati.

OECD inflation hits 9.2% in April as food, services prices accelerate
OECD inflation hits 9.2% in April as food, services prices accelerate