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Market wants ‘decisive action’ so Turkey needs to raise rates
Speaking at an event marking his country’s independence from Japanese rule, Moon said such a “community” could eventually herald the launch of a “multilateral security system” in the region, according to the report. “This community will lead to an energy bloc and economic bloc in Northeast Asia by expanding our economic area to the northern […]
Research Shows That the Clothes You Wear Actually Change the Way You Perform
If you’ve ever watched the rehearsal process of a play, then you know just how powerful clothes are. Even in the very early stages of a project, professional actors will come to practice in certain clothing pieces that make them feel more like their character. Perhaps it’s an old pair of shoes, a long and […]
Market wants ‘decisive action’ so Turkey needs to raise rates: Yale economist Stephen Roach
Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of 7.24 against the U.S. dollar. It later pared some of those losses to trade around 6.99. “The markets clearly want much more decisive action,” […]