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Eurozone government debt to GDP ratio up to 88.7% in Q1

ISTANBUL: The ratio of government debt to gross domestic product (GDP) across the euro area stood at 88.7% in the first quarter of 2024, according to official figures revealed on Monday.

The 27-member bloc’s statistical department Eurostat said that …

Oil down over demand uncertainties in world’s largest consumers

ISTANBUL: Oil prices decreased on Monday over demand uncertainties in the US and China, the world’s largest oil consumers.

International benchmark Brent crude traded at $82.45 per barrel at 12.44 a.m. local time (0944GMT), a fall of 0.22% from the cl…

US swimmer Michael Phelps: Summer Olympics’ ‘king of medals’

ANKARA: US swimmer Michael Phelps is often called the “king of medals” in the Summer Olympics.

Phelps, who competed in five Olympics starting with the 2000 Sydney Games, is the most decorated athlete in Summer Olympic history, with 23 gold, three sil…