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August 2024

Fitch downgrades Ukraine’s rating to restricted default

ISTANBUL: Fitch Ratings said Tuesday that it downgraded Ukraine’s long-term foreign currency issuer default rating to restricted default (RD) from ‘C.’

The rating agency said the move follows the expiration of the 10-day grace period for Ukraine’s 20…

Let us end the occupation and live together in peace, FM says

Let us end the occupation, heal the wounds and live together in peace, Foreign Affairs Minister Constantinos Kombos stresses on the occasion of the 50th anniversary since the second phase of the Turkish invasion in Cyprus.

In a post on ‘X’, the Minis…

Morning Briefing: August 14, 2024

ISTANBUL: Here is a rundown of all the news that you need to start your Wednesday with, including the UN Security Council denouncing an Israeli attack on a Gaza school, the Pentagon warning of a serious escalation in the Middle East, Japan’s prime min…