The Iranian middle class is currently grappling with severe economic distress, a direct consequence of the country's ongoing economic crisis. Central to this predicament is the significant devaluation of the Iranian rial and the compounded effects of longstanding international sanctions, which
The arrest of Ekrem Imamoglu, Istanbul's prominent mayor and significant political contender, has sent shockwaves through Turkey's economy, causing severe repercussions in its financial markets. This development has instigated a cascade of investor apprehension regarding the stability of
Kazakhstan's banks have taken a particularly stringent approach to regulating transactions with Russian businesses, raising concerns about whether these measures are overly cautious and potentially harmful to legitimate trade. Russia argues that Kazakh banks are imposing excessive regulations
President Donald Trump's recent remarks during an interview on "Sunday Morning Futures with Maria Bartiromo" have ignited a wave of discussions about the trajectory of the American economy. During the interview, Trump emanated optimism about the future but also conceded that a
As uncertainty looms over President-elect Donald Trump’s potential policy shifts, Secretary of State Antony Blinken has embarked on a critical journey to Brussels to discuss support for Ukraine with European allies. This trip, Blinken’s first overseas since Trump's election victory, is a piv
The Consumer Financial Protection Bureau (CFPB) has faced a whirlwind of changes and controversies over a few days. The agency, which plays a crucial role in regulating nonbank lenders, has seen a dramatic shift in leadership, policy reversals, and legal challenges that have left its operations in
