Turkish Inflation
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Turkish court hands down lengthy sentences to pro-Kurdish politicians
Human rights campaigners criticise trial as an effort to silence the oppositionFinancial Times - Business -
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Chances of Cyprus peace talks restart look dimmer as Turkish Cypriot leader sees no common ground
Chances of restarting formal talks to mend Cyprus’ decades-long ethnic division appeared dimmer as the leader of the breakaway Turkish Cypriots told a U.N. envoy that he saw no common ground with Greek Cypriots for a return to negotiationsABC News - World -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
U.K. Inflation to Settle Below 2% Target
Inflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.The Wall Street Journal - World - United Kingdom -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Canadian Inflation Expected to Show Further Cooling
Canada’s inflation report for April is likely to reinforce that conditions warrant a quarter-point interest rate cut, Royal Bank of Canada’s Nathan Janzen and Carrie Freestone say.The Wall Street Journal - World -
Inflation-Weary Viewers Boost Netflix Ad-Supported Discount Subscriptions
The video streaming company more than doubled viewers of its cheaper offer with ads in its content since January, and plansto boostrevenueby starting its own ad serving platform.Inc. - Business - Netflix -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business