Emerging markets
Iran’s new president may perhaps be a reformist, but adjust continues to be distant
Freshly-elected Iranian President Masoud Pezeshkian visits to the shrine of the Islamic Republic’s founder Ayatollah Ruhollah Khomeini in Tehran, Iran on July 06, 2024. Fatemeh Bahrami | Anadolu | Getty Illustrations or photos Iran on Friday elected its 1st “reformist” president in 20 years, signaling lots of voters’ rejection of hardline conservative policies amid reduced […]
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Iran elects reformist Masoud Pezeshkian in presidential runoff vote
FILE Image: Presidential prospect Masoud Pezeshkian shows the victory signal through a campaign celebration in Tehran, Iran June 23, 2024. Majid Asgaripour | By way of Reuters Iran elected Masoud Pezeshkian to its presidency, in an unforeseen victory for the country’s reformist camp amid deep social discontent, economic hardship, and regional war. Pezeshkian gained 16.3 […]
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Financial crimes watchdog gets rid of Turkey from income laundering ‘gray list’
As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the metropolis of Istanbul, Turkey in the background. Vw Pictures | Universal Illustrations or photos Group | Getty Pictures The Fiscal Action Task Power, an global watchdog firm committed to combating revenue laundering and illicit hard […]
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Iran’s upcoming snap elections: A battle of anti-western hardliners
Iran’s Supreme Leader Ali Khamenei leads funeral prayer for the late Iranian President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian and other officials who died in a helicopter crash at the Tehran University campus in Tehran, Iran on May 22, 2024. Iranian Leader Press Office | Anadolu | Getty Images Iran is holding snap elections on […]
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Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion
A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023. Jakub Porzycki | Nurphoto | Getty Images DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion that will cost an […]
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U.S. dismissed evidence key U.K. financial institution was assisting fund sanctioned Iranian teams, whistleblower suggests
Key Points London-based mostly Regular Chartered, which primarily serves clientele in rising marketplaces, was previously punished with extra than $1.7 billion in fines right after admitting in 2012 and 2019 to violating sanctions on Iran and other blacklisted nations around the world. The lender denies that it ran transactions for any companies specified as terrorists. […]
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Turkey’s inflation passes 75% in what economists think is peak
Town scene Yeni Camii wonderful mosque by Golden Horn of Bosphorus River, Topkapi Palace, Hagia Sophia Istanbul, Republic of Turkey Tim Graham | Getty Photographs Inflation in Turkey topped 75% in Might in what economists hope to be the peak right before costs commence to relieve. Consumer selling prices rose 75.45% in Might on an […]
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There is certainly a bull situation emerging in Brazilian shares for prolonged-expression investors
The latest struggles in Brazilian shares could be an possibility for buyers to invest in into Latin America’s major economy at a discount. Bovespa , the country’s inventory index, is down about 9% yr to date and fell about 3% previous thirty day period. That marked the benchmark’s worst May effectiveness given that 2018 — […]
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Oil big Saudi Aramco begins significant share sale to raise about $12 billion
Emblem of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and purely natural fuel enterprise, witnessed on the 2nd working day of the 24th Earth Petroleum Congress at the Huge 4 Setting up at Stampede Park, on September 18, 2023, in Calgary, Canada. Artur Widak | Nurphoto | Getty Photographs Saudi point out oil […]
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Dubai bling: Billions of dollars worth of African gold is being smuggled into the UAE each year, research finds
A worker lifts a gold bullion bar from a conveyor machine at the Rand Refinery plant in Germiston, South Africa, on Aug. 16. 2017. Waldo Swiegers | Bloomberg | Getty Images DUBAI, United Arab Emirates — Each year, as much as $35 billion worth of gold produced by artisanal and small-scale mining in Africa — […]
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