Turkey’s central bank raises interest rates to 40%
Turkey’s central bank has raised its main interest rate to 40% as part of a concerted campaign to tackle soaring inflation in the country. The rise, from the previous rate of 35%, was much greater than expected. But Turkey’s central bank suggested rates were approaching the level required to start lowering inflation. Inflation – which […]
Relief for South Africa as Reserve Bank holds interest rates
The South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) has voted to hold interest rates for the third consecutive meeting. This keeps the repo rate at 8.25%, with the prime lending rate at 11.75%. The result was in line with economist and analyst expectations, which shifted in recent weeks to align with the view […]
Dublin School Stabbing Incident: A Community’s Resilience in the Face of Tragedy
In the heart of Dublin, a routine Thursday at a primary school on Parnell Square turned into a scene of chaos and tragedy when a man armed with a knife attacked five individuals, including three children. The incident prompted a major response from the Irish police, who swiftly declared it a major incident and cordoned […]
Unwrapping Deals and Discounts: Navigating the Black Friday Bonanza in the 2023 Festive Marketplace
The retail sector is bracing for a pivotal moment as the annual holiday shopping extravaganza unfolds in 2023. With the much-anticipated “Black Friday” followed closely by “Cyber Monday,” retailers are deploying an arsenal of strategies to entice consumers into festive purchases. This year, however, the landscape is tinged with economic unease, despite favorable unemployment rates. […]
A Closer Look at Recent Reports and Government Response
In recent weeks, South Africa has found itself under scrutiny as various independent reports shed light on critical issues facing the nation. Minister in the Presidency Khumbudzo Ntshavheni’s comments about the private sector and the government’s achievements have sparked debates, prompting a deeper examination of the country’s current state. This article delves into the concerns […]
The Unraveling Dynamics of Intelligence Law Reform in Parliament
In a long-anticipated move, the halls of Parliament have echoed with discussions surrounding a transformative intelligence law that aims to reshape the landscape of the State Security Agency (SSA). This imminent reform is poised to bifurcate the security service into two distinct entities—one catering to foreign intelligence affairs and the other dedicated to domestic concerns. […]
