ISTANBUL: The Dominican Republic’s real gross domestic product (GDP) growth is projected around its long-term trend of 5% in 2024 and thereafter, with inflation around its 4% target, the International Monetary Fund (IMF) said Wednesday.
Despite a str…
ISTANBUL: The Bank of Canada announced Wednesday it reduced its policy rate by 25 basis points to 4.5%, marking the second rate cut in more than four years.
The target for the overnight rate was lowered to 4.5%, with the bank rate at 4.75% and the de…
ISTANBUL: The US Treasury Department announced Wednesday that it imposed sanctions on multiple entities based in China that are supporting North Korea’s ballistic missile and space programs.
A network of six individuals and five entities based in Chi…