At least 98 people detained in Turkey in looting case

Turkey

Security officials in Turkey detained 98 people on Saturday. In allegations of robbing or deceiving earthquake victims. And looting damaged buildings, and defrauding phone victims. Security officials in Turkey detained at least 98 people on Saturday over allegations of robbing or deceiving earthquake victims or looting of damaged houses. Investigations were conducted into at least … Read more

Turkey’s highest inflation rate in 24 years

Turkey

Turkey’s Consumer Price Index (CPI) rose 73.5% in May from the same period last year, the highest since October 1998. According to the research institute, China’s CPI rose by 2.98% in May compared to the same month last year. The highest annual increase in prices in the transport sector was 107.62%. Read more: Turkey makes a formal request to change its name to ‘Turkiye’ Prices for food and non-alcoholic beverages increased by 91.63%, and prices for furniture … Read more

How supercharged Dollar is tearing through numerous Asian currencies

Dollar

KARACHI: Since the start of the current fiscal year 2022-23, the Pakistani rupee has fallen by nearly 27 percent, or over Rs40, against the US dollar over the last ten months, as the currency just exceeded the important threshold of 200 against the greenback. There are concerns that it will continue to lose value; nevertheless, … Read more