Turkey's central bank hikes interest rate to 40% in effort to beat back double-digit inflation
The bank pushed its policy rate up by 5 percentage points, to 40%, marking its sixth big interest rate hike in a row focused on beating down inflation that hit an eye-watering 61.36% last month.
Israel retaliates against Turkey's trade halt by limiting Turkish trade with the Palestinian Authority and seeking sanctions. The move, spurred by Turkey's bid to pressure Israel on Gaza, draws strong condemnation. Erdogan defends Turkey's actions, while Israel vows robust responses, straining relations further amid the ongoing conflict.
#Israel #Turkey #IsraelTurkey #TurkishEconomy #TurkeyNews #TurkeyUpdate #IsraelGaza #IsraelWarlive #Gazawar #Worldnews #Oneindia #OneindiaNews
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Turkey halts all trade with Israel due to ongoing violence against Palestinians in Gaza. The move follows previous export restrictions and aims to pressure Israel into facilitating humanitarian aid. Turkey pledges to rigorously implement the measures until the flow of aid to Gaza is ensured.
#Turkey #Palestine #Gaza #Turkiye #IsraelGazawar #IsraelPalestine #Worldnews #Israelwarlive #Oneindia #Oneindianews
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US Job Market , Stayed Strong In September , Despite Fed's Rate Hikes.
In September, employers posted 9.6 million
job openings, an indicator that America's
job market remains strong. .
ABC reports..
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