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, […]