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July 24, 2025

EU to Take Countermeasures Against US Tariffs

Brussels: The European Commission intends to introduce countermeasures on US goods worth EUR 93 billion (approximately USD 109 billion) to EU member states for approval, while EU Trade Commissioner Maros Sefcovic will hold talks with US Commerce Secre…

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ECB Keeps Interest Rates Unchanged Amid Trade Talks

Brussels: The European Central Bank (ECB) kept interest rates unchanged Thursday, after cutting them eight times in a year, as Brussels and Washington negotiate a trade agreement.

According to Qatar News Agency, the ECB said in a statement that the …

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Turkiye’s Central Bank Reduces Interest Rates to 43%

Ankara: The Central Bank of Turkiye (CBRT) on Thursday announced a significant cut in interest rates, reducing them by 300 basis points to 43%. This move surpassed market expectations and marks the continuation of a monetary easing cycle that had been…

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