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US trade deficit jumps 7.9% in July to highest since mid-2022

ISTANBUL: The US trade deficit jumped 7.9% to $78.8 billion in July, climbing to its highest level since mid-2022, according to the Commerce Department’s Census Bureau on Wednesday.

The figure came in line with market expectations, while the trade de…

US condemns Russian attack on Ukrainian city of Poltava

ISTANBUL: The US condemned Russia’s attack on the Ukrainian city of Poltava that took place on Tuesday.

“I condemn this deplorable attack in the strongest possible terms,” said US President Joe Biden in a statement published by the White House late T…