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Turkish central bank raises interest rate to 46 percent
Turkish central bank raises interest rate to 46 percent

Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of Istanbul's opposition mayor and economic uncertainty provoked by US President Donald Trump's sweeping tariffs.

Trump's tariff storm a threat to dollar's dominance?
Trump's tariff storm a threat to dollar's dominance?

As President Donald Trump's tariffs threaten the US economy, questions are being asked about how long the dollar can maintain its status as the world's key trading and reserve currency. - The dollar initially gained on news of Trump's tariffs owing to concerns the levies will push up inflation.