The Ministry of Digital Transformation intends to scale the successful experience in the field of unmanned aerial vehicles to other areas of military innovation and invites for cooperation the teams that can help the nation to strengthen the Armed Forces in terms of technology.This was emphasized by Deputy Prime Minister for Innovations, Development of Education, […]
Economy
Comic-Con Unveils New Teaser For ‘The Walking Dead’
A new teaser for the new season of The Walking Dead has been unveiled at the 2018 San Diego Comic-Con. We’re expecting a longer trailer later today, but this was unveiled in Southern California yesterday at the world’s biggest comic convention. The Walking Dead stars Andrew Lincoln, Norman Reedus, Lauren Cohan, Chandler Riggs, Danai Gurira, Melissa McBride, […]
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 […]
China could reportedly use its ‘unwritten’ tech rules as an ‘invisible tool’ against US firms
With Sino-American trade tensions escalating, China’s cybersecurity standards could be used as an “invisible tool” for retaliating against Washington’s tariffs, according to one expert. Such standards are government-issued operational guidelines that are technically voluntary, but are oftentimes treated as mandatory by foreign firms’ Chinese business partners. If Asia’s largest economy were to weaponize the listing […]
European stocks open slightly higher as Turkey crisis weighs on sentiment
Shares in Europe open slightly higher Wednesday as concerns over the Turkish currency crisis continue to affect investors’ appetite. However, trading flows were also sluggish as a number of European bourses are closed due to a public holiday, including Italy, Greece and Austria. The pan-European Stoxx 600 was up by 0.18 percent with most sectors […]
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,” […]