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August 7, 2025

Bank of England Cuts Interest Rate to 4% Amid Disinflation

London: The Bank of England on Thursday cut its benchmark interest rate by 25 basis points, matching market forecasts. The benchmark bank rate currently stands at 4%, its lowest since March 2023. The move marked the fifth rate cut since the bank began…

Turkish Foreign Minister to Visit Syria for Talks

Ankara: Trkiye’s Foreign Minister Hakan Fidan will pay a working visit to Syria on Thursday for talks, according to Turkish diplomatic sources. Fidan will be received by Syrian President Ahmad al-Sharaa, and the meeting is expected to focus on reviewi…