Türkiye's central bank raised its inflation forecast for the end of 2026 to 28% from 26% but left its interim inflation target for the same period at 24%, Governor Fatih Karahan said on Thursday.

Asharq Al Awsat

Diesel Prices Overtake Jet Fuel in Europe as Global Shortage Widens

14/08/2026

Diesel cargoes are costing more than jet fuel in Europe for the first time in more than a year, LSEG data showed, as the continent replaces lower Middle East air fuel shipments with other sources of

Asharq Al Awsat

Trump bets on economic pressure on Iran over diplomacy or new strikes

14/08/2026

Keeping a low profile doesn't come naturally to Donald Trump. Yet that is the strategy the American president says he now favors in the war against Iran, and he is betting on economic pressure over d

AFP

US Consumer Prices Likely Increased Moderately in July as Gasoline Prices Eased

13/08/2026

US consumer prices likely increased moderately in July, which could further reduce financial market expectations for the Federal Reserve to raise interest rates this year.

The Labor Departme

Asharq Al Awsat

Bank of America Pledges $250 Billion for US Infrastructure Financing

13/08/2026

Bank of America said on Wednesday it plans to deploy $250 billion by July 2027 to support US digital and infrastructure projects, a move it says will boost the country's economic growth and help crea

Asharq Al Awsat

US Imposes New 50% Tariffs on $20 Billion Worth of Canadian Products

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