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June 5, 2025

European Central Bank Lowers Rates by 25 Basis Points, In Line with Forecasts

Ankara: The European Central Bank (ECB) on Thursday slashed its three key interest rates by 25 basis points, meeting market estimates. The key deposit rate now stands at 2%, its lowest level since January 2023. The interest rates on the main refinancing operations and the marginal lending facility were also

Israeli Airstrikes Target Beirut’s Southern Suburbs Amid Rising Tensions

Beirut: Israeli warplanes on Thursday evening carried out airstrikes on Beirut’s southern suburbs, Lebanon’s state-run news agency reported. According to Anadolu Agency, Israeli aircraft targeted one of the buildings near Al-Qaem Mosque in Beirut’s southern suburbs after issuing a warning. Israeli warplanes launched five additional airstrikes, one of which was

Israeli Army Intercepts Missile Launched by Houthi Group

Tel Aviv: The Israeli army announced on Thursday that it successfully intercepted a missile launched by the Houthi group from Yemen, marking a significant escalation in regional tensions. According to Anadolu Agency, the Israeli army stated that its air force was able to intercept the missile aimed toward Israel. The