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Thousands of ancient coins found in sea grass off the coast of Sardinia
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Turkish lira hits historic lows against euro and dollar
The Turkish Lira continued its depreciation on Tuesday, recording new lows against the Euro and Dollar. Anticipation is building regarding the Central Bank of Turkey’s decision on interest rates due Thursday. By 10.20 am (07.20 GMT), the Euro traded at 30.37 Lira, crossing the 30-Lira mark for the first time in history. Simultaneously, the Dollar […]
UN’s Crucial Appeal for $46.4 Billion in Aid for 2024
The United Nations is urgently seeking $46.4 billion for humanitarian aid in 2024 to support crisis-affected regions, including Palestine, Sudan, and Ukraine. The UN’s humanitarian office, OCHA, shared these details in their “Global Humanitarian Overview for 2024” report. It estimates that nearly 300 million people worldwide will need aid and protection. The plan is to […]
Iraq’s Firm Stance on Further OPEC+ Oil Production Cuts
Iraq firmly opposes any additional oil production cuts ahead of the OPEC+ meeting scheduled in Vienna on June 1. Oil Minister Hayyan Abdul Ghani emphasized Iraq’s refusal to support new reductions due to its critical economic needs. This decision reaffirms Iraq’s commitment to current export levels while aiming to stabilize oil prices amid persistent economic […]