Latest in Turkey's Central Bank
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Crypto boom draws in Wall Street banks
There has been a profound shift in thinking on capital raisingsFinancial Times - 1h -
Trimming outdated bank regulation is a good idea that won’t be easy
Functional regulation is needed more than ever today.The Hill - 1h -
An A.I. Boom Makes Electricians Flock to Central Washington
The rural region is changing fast as electricians from around the country plug the tech industry’s new, giant data centers into its ample power supply.The New York Times - 2d -
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I paid $15,000 for my friend’s live-in boyfriend’s funeral. He was in his 40s and only had $5,000 in the bank. What happens next?
“I understood that, in California, hospitals and funeral homes have to notify the court when someone dies.”MarketWatch - 4h -
Turkey cuts rates for first time in 22 months with jumbo reduction
Central bank slashes borrowing costs by 250bp as consumer demand slowsFinancial Times - 1d -
Turkey's central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in nearly two years as it tries to control soaring inflationABC News - 1d -
The National Mall, Central Park and More Venues the N.H.L. Should Use
The league’s Winter Classic showcase should move beyond outdoor stadiums and into popular landmarks, a columnist for The Athletic writes.The New York Times - 1d -
World Bank lifts China growth forecasts but calls for deeper reforms
Policy easing and stronger exports have helped economy, but country still faces property crisis and weak demand. The World Bank has lifted its growth forecasts for China’s economy, but called for ...The Guardian - 1d -
World Bank lifts China growth forecast but calls for deeper reforms
Multilateral lender says greater detail of policies is needed to bolster household and business confidenceFinancial Times - 1d -
Owner and architect of Turkey quake collapse hotel jailed
They received hefty sentences after 72 people were killed when the building fell in the 2023 quake.BBC News - 2d -
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...MarketWatch - 2d -
Neo-Ottoman Turkey’s triumph over its regional rivals
Turkey’s success in post-Assad Syria stems from its multifaceted strategy combining military strength, economic investment and ideological appeal.The Hill - 3d -
US banking lobby sues Fed over stress test framework
Announcement comes a day after central bank unveiled proposed changes to annual examinationsFinancial Times - 3d -
Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short.CNBC - 3d -
Blast kills 12 people at explosives factory in Turkey
A blast ripped through an explosives factory in northwest Turkey on Tuesday, killing 12 people and injuring four.NBC News - 3d -
Fed says it is weighing changes to bank tests for systemic risk
Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatilityFinancial Times - 3d -
How Google Maps Makes It Harder for Palestinians to Navigate the West Bank
One user told WIRED that Google Maps directed them to “drive right into a wall that’s been up since 2003.”Wired - 4d -
Watch: Cargo ship tips on its side in Turkey
A cargo ship rolls over as it is being loaded at a port in Istanbul in the early hours of Monday morning.BBC News - 4d