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vkwu Pak-China sign MoU for medical innovation
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Zvet AGP office understaffed to deal with international disputes
ISTANBUL:Turkey's embattled lira slumped almost five percent to new record lows in value against the US dollar on Wednesday after concern air force nike hombre over President Recep Tayyip Erdogan's new cabinet and his latest comments on interest rates.The lira was trading at 4.93 to the dollar, a loss of 4.7 percent on the day and appeared at risk of dropping to five liras to the dollar for the first time in history. The fall means it has surpassed the record lows seen last in M gazelle adidas uomo ay ahead of an emergency rate hike by the central bank.Erdogan on Monday named his son-in-law Berat Albayrak, the husband of his elder daughter E adidas superstar damen sra, as treasury and finance minister in a cabinet reshuffle for his new term.聽Albayrak's surprise switch from the energy ministry spooked financial markets, who were also unhappy to see there was no room for outgoing deputy prime minister Mehmet Simsek, the government's previous pointman on the economy.Turkey sacks 18,500 state employees in new decreeMarkets are also concerned that Erdogan Ngwc Brent oil hovers over $80 after sell-off
LONDON:Oil prices edged higher on Friday but were on track for their first weekly fall in seven weeks as new US coronavirus cases spiked, raising the prospect of a second wave hitting demand.Brent LCOc1 was up $0.27, or 0.7%, at $38.82 a barrel by 1204 GMT, having lost more than $1 earlier in the session.After falling more than 5% on Friday, West Texas Intermediate CLc1 was up $0.19, or 0.52%, to $36.53 a barrel. Both contracts end nike air force ed around 8% lower on Thursday.The oil benchmarks are heading for weekly declines of more than 8%, their first after six weeks of gains, which have lifted them off their April lows.Fears that the coronavirus pandemi newbalance schuhe c may be far from over has brought the rally to a halt, with about half a dozen US states seeing a spike in new infections.Barclays on Friday raised its oil price forecasts for this year by $4 per barrel, citing a bigger d af1 blanche eficit in the second half of the year, although it expressed caution on a slow recovery in the near term. The rate of change in
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