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McDonald’s reports decrease in global sales in Q2

ISTANBUL: The fast-food giant McDonald’s said on Monday that its global sales fell 1% in the second quarter of the year.

McDonald’s’ US sales decreased 0.7%, according to the Big Mac-maker’s earnings release for the second quarter, as the ‘guest coun…

Ethiopia clinches deal with IMF for $3.4B in financing

ADDIS ABABA: Ethiopia has secured an agreement with the International Monetary Fund (IMF) for a new financing program valued around $3.4 billion, the IMF announced Monday.

The new four-year loan program will help support the country’s economic reform…