by CBBSS | Jul 27, 2021 | Regional News
Negotiations on Greece’s third bailout are beginning Monday amid more upheaval in the leftist Greek government, EU Observer reports. Former Greek finance minister Yanis Varoufakis, who resigned earlier this month, has revealed that he was working on a secret plan to...
by CBBSS | Jul 23, 2021 | Regional News
The Turkish lira and two-year bonds dropped the most this week among currencies and bonds in 24 developing markets, Bloomberg reports. Since Monday’s terror attack in Turkey, the lira has lost more than 2 percent of its value. It is expected to fall further and...
by CBBSS | Apr 14, 2021 | Regional News
Kazakhstan is supposed to be one of Russia’s closest ally, and it is a member of Putin’s Eurasian Economic Union project. Yet, the two countries are ramping up a trade war, The Moscow Times Reports. Following the devaluation of the ruble, Kazakhstan...
by CBBSS | Apr 14, 2021 | Regional News
The Turkish lira fell Monday to a record low of 2.6702 against the dollar. The lira has lost 12 percent of its value this year as the dollar has strengthened and Erdogan has attempted to meddle in monetary policy ahead of Turkey’s June parliamentary elections....
by CBBSS | Mar 20, 2021 | Regional News
Putin traveled to Astana, Kazakhstan Friday where he met Kazakh President Nursultan Nazarbayev and Belarussian leader Alexander Lukashenko. Putin called for a currency union between the three countries, which were the initial members of Russia’s new Eurasian...
