Tag : terror

Lira crashes to historic low

International Finance DeskJanuary 4, 2017

by International Finance DeskJanuary 4, 2017

Inflation, string of terror attacks in Turkey to be blamed IFM Correspondent January 4, 2017: Lira, Turkey’s embattled currency, on Tuesday crashed to a historic low against the US dollar due to higher than expected inflation figures and security worries after the attack on a nightclub in Istanbul on New Year eve. The lira was...

Economy

Dim outlook for Europe in 2016

International Finance DeskFebruary 2, 2016

by International Finance DeskFebruary 2, 2016

Challenging political landscape, persistent high unemployment and a weak euro are a few of the challenges Suparna Goswami Bhattacharya February 2, 2016: Europe had been in the news in 2015, not every time for the right reasons though. Grexit, the Volkswagen scandal, migration crisis, Paris attacks were some of the low points which made economists...