further increase in the rate while the turkish lira is calmly reacting to the decision of the central bank of turkey the key rate by 250 basis points to 17.5%, while the regulator again gave a signal for further tightening of monetary policy while among the turkish central bank - it is said that in the future the rate will be determined so that in the medium term it will reach the inflation target, 5% meanwhile officially this figure in june amounted to about 38% per annum, which indicates a slight decrease in inflation, well, according to observations, prices are only growing, for example, gas stations . turkey increased on sunday. the cost of liters of gasoline and diesel fuel by more than 20%, this happened, including the offset of the increase in vat by the authorities from 18 to 20%. also in the country have increased three times since july 10 duty for customs clearance from abroad turkey smartphones and one and a half times the price of notary services has risen. it looks like it will all work out. already on the inflation statistics for july. let me remind you that a month ago, the turkish re

in the field of education cost the consumer 50% more expensive the new leadership of the central bank of turkeyannounced a fundamental task to achieve. reducing inflation for this , the bank began to raise the key rate for the first time since 2021 and tighten the monetary credit policy, the commercial real estate market, germany collapsed to the level of 2017. writes bloomberg deal volumes. in the first half of the year, they decreased by 50% compared to 2022, while stagnation or a decrease is also recorded in european countries such as sweden, ireland and the uk, the reasons for this are the experts are lucky in the rise in the cost of loans. in connection with the general trend of national regulators to increase interest rates , such was the economic news. stay with us. and don't miss out on today's latest issue of sphere of interest. the morning broadcast on tv channels belarus 1 and belarus 24 continues the program zone x and violetta sokolovich. hello, another attempt to save on goods was not successful , brest customs officers brought out a large batch of not very large cargo. the incide

it is said that the head of the central bank of turkey will accompany him on this trip. mohammed bin salman, crown prince of saudi arabia saudi arabia has improved relations in various fields, saudi arabia has bilateral cooperation with turkey, economic and security issues are among these issues that are on the agenda of both sides , i will discuss this issue with mr. nejad, if there is a connection, it seems the communication with mr. raisinejad is not established. this is the international news that we will follow today at the international desk. dear guests , we are at your service in the glass hall of the news agency mr. shahin. you are in another part of the sda news agency. the end of the conference it should be held in the country that started working yesterday, the newcomer conference, which comes from its name, probably deals with future studies and such topics that recently entered the political and economic vocabulary of the country , this conference is organized by the research center of the islamic council for this purpose. our colleagues at the public policy

the central bank of turkey raised its key interest rate from 15% to 17.5%. nce september 2021, hi. at the same time, analysts expected more decisive actions of the financial authorities. how will this decision affect the exchange rate of the lira and can we expect a further increase in the rate, will leyla diamondarova tell? while the turkish lira is calmly reacting to the decision of the central bank, turkey is raising the key rate by 250 basis points to 17.5%, while the regulator again signaled a further tightening of monetary policy, while among the turkish central bank it is said that the rate will be determined in the future in such a way as to reach the inflation target in the medium term, 5% meanwhile officially this figure in june was about 38% per annum, which indicates a slight decrease in inflation, but according to observations, prices are only growing, for example, gas stations. turkey increased on sunday. the cost of a liter of gasoline and diesel fuel by more than 20%, this happened, among other things, due to the increase in vat by the authori

of the central bank , it should be made public on thursday in june regulation. he stated that he would continue to gradually tighten monetary policy before that, the central bank of turkeythe first time in more than 2 years raised the key rate almost twice to 15% and china this year may take according to bloomberg, 60% of the electric car market was sold by the end of 2022. 5 million 670,000 of these cars were sold thanks to subsidies for buyers and manufacturers of electric cars. in addition, the country has the most developed infrastructure. for example, the network of charging points has 650,000 stations, which is more than 70% of those installed worldwide. this was the news of the economy in short. the interest in the arctic today is huge both from friendly countries and from the so -called western partners, the task of russia is to maintain leadership in the region even without its science not decide to create. this powerful scientific foundation has been formed, the scientific expert council of the arctic zone will comprise 93 people. these are representatives of the largest russian universities and research institutes of the company implementing investment projec

greetings oddly enough, while the turkish lira is calmly reacting to the decision of the central bank of turkeycrease the key rates by 250 basis points to 17.5%, while the regulator again gave a signal for further tightening of monetary policy, while among the turkish central bank it is said that the rate will be determined in the future so that in the medium term it will reach the inflation target of 5%, meanwhile officially this the indicator in june was about 38% per annum, which indicates a slight decrease in inflation, but according to observations, prices are only growing, for example, gas stations. turkey increased on sunday. the cost of a liter of gasoline and diesel fuel is more than by 20% this happened, among other things, due to the increase in vat by the authorities from eighteen to twenty percent. also, since july 10 , the customs clearance duty for divisional smartphones from abroad to turkey has tripled in the country and the price of notaries has risen one and a half times. apparently, all this will already be reflected in the inflation statistics for july. let me remind you th

central bank to be made public on thursday in june, the regulator said that it will continue to gradually tighten monetary policy before this is the first time in more than 2 years that the central bank of turkeyraised the key rate by almost two times to 15% china this year may take 60% of the electric car market, according to bloomberg, according to the results of 2022, 5 were sold 670,000 million of these cars were helped by subsidies for buyers and manufacturers of electric cars. in addition, the country has the most developed infrastructure. for example, the network of charging points has 650,000 stations, which is more than 70% of those installed worldwide and the revenue of x5 groups. according to the results of the second quarter , the amount increased by almost 20% and exceeded 770 billion rubles. the retailer reports the highest sales. at pyaterochka, 604 billion are followed by a crossroads and chizhik's total revenue is slightly less than 100 billion in six months x5 opened more than one thousand three hundred new stores. now there are more than 22,000 of them across the country. this was the news of the economy in short. pavlovich where dressed up for retirement went this is my gra

lira, it is expected to occur more for the year this is the second meeting by the new central bank governor of turkeyer predecessor was cutting interest rates in efforts to stimulate growth that came at the cost of higher inflation levels now reining in inflation which is why they are hiking. >>> switching to u.s. futures. we spoke about all of the results that came through yesterday. disappointing price action out of netflix, tesla and the likes of ibm as well today, the three majors are mixed. we have the dow opening down 6 points dow up 64 points and nasdaq on back of the weaker -- weaker reaction to the results that came through and that is down 120 points in terms of what to watch out for today, the jobless claims that people have been watch witwatching closely and the existing home sales for june. >>> microsoft and activision have delayed the deadline to complete the merger three months giving them until october 18th to resolve the hurdles the markets authority will finish the deal by the end of august and administering judge will hear the ftc case against the deal microsoft and activision agre

went to the floor in the morning so it fit slightly, that is, as a result, respectively, the central bank of turkeyst year it was raised, respectively, in june. e from 8.5. moreover, erdogan constantly lowered the rate, because when you support your economy in this way, everything there is ultra-high inflation, slippers - now against the background, respectively, of this component, as it were, you will have to raise it again. that is, how to beat on their own economy. as a matter of fact, a-a blocks its gdp. this is the price of this transaction, the second very important point is one of the conditions. this deal was to provide access primarily fertilizers for the foreign market. the fact is that we are exporting grain from the southern hub. it's like that now it's here, but the most important thing is that fertilizer is coming here and a part, respectively, of the fertilizer is blocked now in the ports, the volume of these is estimated differently. naturally, blocking. there at 20. stop. you are three hundred. well, as if there, and this is 300 20 plus here, but this is a fairly large volume. he s

and that's also coming up a further sign of commitments to orthodox economic policy and an attempt to address red hot inflation. turkeys and central bank raises interest rates for the 2nd time since the elections and make press koval. welcome to the program. on sunday, people in spain elect a new parliament and a shift to the rights seems possible. that's even though prime minister petrie sanchez left this coalition can shine with they can amik successes. the economy grew by 5 and a half percent last year. stronger than it has been in decades, so the central bank recently raised the forecast for this year from 1.6 to 2.3 percent prime is the son, sanchez is also lost. a $45000000000.00 jar, a stimulus package to ease the burden of citizens sales tax on basic foods like bread, milk and eggs has been abolished and the price cap has been introduced to electricity and gas is intended to curve price increases. unemployment is around 14 percent, although still alarmingly high. it is at its lowest level in 15 years. also a minimum income is suppose to help springs poorest. but some companies say is having the opposite effect. garlic is a key

of the central bank . i think this the issue was raised, do we have turkey in this field, and this was also one of the topicsthe trip. even now, these countries, despite the high potential they have in the field of agriculture , are making new investments to upgrade technology and develop the infrastructure of farmers , upgrade technology, and develop infrastructure. it needs machinery and equipment and mechanization. one of iran's strong points is its activity in the field of tractor manufacturing in the field of agricultural equipment and tools, and even in the field of children. thirdly, we have made very good progress in the field of biological fertilizers. the technological gift that the president gave to the president of zimbabwe was a set of nanotechnology and biotechnology fertilizers in this field . what should be done to promote this area? zimbabwe is a country in southern africa with a population of more than 15 million people. agriculture accounts for about two-thirds of the workforce. it has beautiful natural resources such as gold, coal, fireproof cotton, michael, platinum, and diamonds . zaina

and that's also coming up a further sign of commitments to orthodox economic policy and an attempt to address red hot inflation. turkey's central bank raises interest rates for the 2nd time since the elections and make press koval. welcome to the program. on sunday, people in spain elect a new parliament and a shift to the rights seems possible. that's even though prime minister petrie sanchez left this coalition can shine where they can amik successes. the economy grew by 5 and a half percent last year. stronger than it has been in decades, so the central bank recently raised the forecast for this year from 1.6 to 2.3 percent prime is the son, sanchez is also lost. a $45000000000.00 jar, a stimulus package to ease the burden of citizens sales tax on basic foods like bread, milk and eggs has been abolished and the price cap has been introduced to electricity and gas is intended to curve price increases. unemployment is around 14 percent, although still alarmingly.

david: to add to that, a couple of central bank decisions across the world. you have south africa, turkey those deciding on interest rates this week. to get us started this week, joining us out of singapore is hartmut issel, head of asia-pacific equities and managing director at ubs wealth management. good morning. after a week like last week, this major pivot back into risk assets, take your pick. all of them did well every single day. what is your advice to client this monday? hartmut: we would look forward in the sense that the equities side or especially the u.s. equities side is one where we find the most difficult. inflation is falling, the last quarter was the bottom of the earnings cycle, may be the current quarter, but we cannot reconcile that normally when you get into a market, you want it to be reasonably attractive in terms of valuations, which the u.s. is not. so we are looking to other places and given the dollar moves, we think the e.m. or even apac and china, also upgrading indonesia, we have the offset in case china stays weak for a while. overall, i must say the easiest

parts of the economy see the crimp from central bank spared this also helps relieve us of some sticky inflation expectation for the cpi figures tomorrow. coming up, we will talk about nato and turkeyeeing to back sweden's bid. that is next. bridgett is here. she has no clue that i'm here. she has no clue who's in the helmet. are you ready? -i'm ready! alright. xfinity rewards creates experiences big and small, and once-in-a-lifetime. we moved out of the city so our little sophie could appreciate nature. but then he got us t-mobile home internet. i was just trying to improve our signal, so some of the trees had to go. i might've taken it a step too far. (chainsaw revs) (tree crashes) (chainsaw continues) (daughter screams) let's pretend for a second that you didn't let down your entire family. what would that reality look like? well i guess i would've gotten us xfinity... and we'd have a better view. do you need mulch? what, we have a ton of mulch. >> good morning welcome back to bloomberg daybreak: europe i am dani burger in london. these are the stories you are waking up to. not done hiking a trail of fed officials say more rate increases are needed to quell inflation but global

we are talking about the cost of living in the uk, believes brother matt out to a global viewpoint, because turkey�*s central bankinterest rates and worries about them hitting 6.5%, 17.5% in turkey. turkey has been under pressure in recent years, and until recently, the turkish president recep tayyip erdogan has very much focused on trying to keep interest rates down, but that hasn�*t helped the turkish economy at all, and a recent u—turn in economic plans and policies for turkey has meant that they have started raising interest rates. back injune, they raised interest rates to 8.5% to reach 15%. now they are up another 2.5% to 17.5%. turkey�*s inflation is huge as well. there inflation is around about 40% or so. they are in the grip of a cost of living crisis, and they very much have issues with inflation and interest rates. just to reiterate, turkey has just said that it to reiterate, turkey has just said thatitis to reiterate, turkey has just said that it is increasing its interest rates to 17.5%. the move is trying to bring the rate of inflation down in turkey. we will bring you more on that story as we get i

nikitina news, turkey bank in kiev temporarily and partially limited the withdrawal of funds from wallets to accounts and cash withdrawals. the decision was made due to the instructions of the centraltor. there are claims to the preparation of reports and documentation of this report to the qiwi special service to banks. in this regard, there was a limit on withdrawals to cards and accounts of other banks of 1,000 rubles. in a month, and also it will not be possible to withdraw money from the wallet through sbpp withdraw cash from qiwi make a transfer from qiwi wallet through contact and repay the loan of any bank, except mfi loans, other operations, including replenishment of accounts of mobile operators, payment for services and other payments work without restrictions. the smolensk region will open a teenage space and a day care center for children with disabilities , said presidential commissioner for children's rights maria lvova belova, the ombudsman , during a working trip, met with acting governor of the region vasily monokhin. we also agreed to set up a service in the smolensk region. children in the family, in addition, maria lvova belova visited specialized orphanage and

turkey. number one? the philly. oh, yeah, you probably don't want that one. look, i'm not in charge of naming the subs. rates again. the central bank has raised interest rates ten times since march of last year. last month there was no increase, but some economists predict a quarter point interest rate hike later this week. now, although inflation is cooling down, it is still well above the fed's 2% target rate and mor hikes beyond this week are expected this year. it'll get people to spend less because all of a sudden consumers who find that they can earn 5% on whatever savings they might have are much less likely to spend. and the higher borrowing rates make it so that people buy less expensive cars, fewer cars, there's less likely to take out a home mortgage and credit card rates. they're also affected by the rate hikes right now, the average credit card interest rate is about 20. this morning, elon musk did away with twitter's blue bird logo and replaced it with the letter x tweeted a picture showing the san francisco headquarters with ausk tweeted, we shall bid adieu to the twitter brand. tech analysts expected the change beca