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Us Retail Sales Manufacturing Data Bolster Third-quarter Economic Outlook

WASHINGTON – U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained...

Us Business Inventories Edge Up In June

WASHINGTON – U.S. business inventories barely rose in June and the inventory-to-sales ratio fell to more than a 3-1/2-year low, suggesting businesses would need to...

Us Retail Sales Rise Solidly Productivity Accelerates

WASHINGTON – U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained...

Turkey Says Lira Will Strengthen Dollar Has Lost Credibility

ANKARA – Turkey’s finance minister promised to protect the lira on Tuesday, after it fell to a record low against the dollar this week, and said the U.S....

Turkey To Ban Us Products In Construction Minister

ANKARA – Turkey will not use U.S. products in construction, the environment and urbanisation minister said on Tuesday, in response to what he called...

Uganda Police Arrest Three Mps After Stones Thrown At Musevenis Convoy

KAMPALA – Ugandan police arrested three opposition lawmakers and scores of others after stones were thrown at the convoy of President Yoweri Museveni, who has...

Three Ugandan Mps Others Arrested After Stones Thrown At Musevenis Convoy Police

KAMPALA – Three Ugandan lawmakers and some of their supporters critical of President Yoweri Museveni were arrested after stones were thrown at Museveni’s...

Us Economy Seen Strong In 2018 To Slow In 2019 Cbo

WASHINGTON – U.S. economic growth will probably accelerate this year before slowing in 2019 to well below the Trump administration’s 3 percent target as a...

Turkish Isbank Ceo Says Turkey Facing Serious Speculative Attack

ISTANBUL – Turkey is under a speculative attack as the recent developments in the lira cannot be explained by the country’s economic fundamentals, Isbank...