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Monday, August 15, 2022

Brent oil prices slightly up on hopes of higher peak season demand

ANKARA International benchmark Brent crude was trading at $111.43 per barrel at 0638GMT for a 0.05% increase after closing the previous session at $111.37 per barrel. Brent oil prices increased mainly...

Canada bans Huawei from participating in country’s 5G wireless networks

TRENTON, Canada  Canada announced Thursday that it has banned two Chinese firms -- telecom giant Huawei Technologies and ZTE -- from participating in the country's 5G wireless networks.  Public Safety Minister...

European recession likely if Russia suddenly halts gas supply: Fitch

ANKARA  An economic recession in the euro area is likely if there is a sudden halt in Russia's natural gas supplies to the bloc, Fitch Ratings warned Thursday.  "Exposures are so...

Bitcoin above $30K again as cryptocurrencies seek direction

ANKARA  The price of Bitcoin climbed above $30,000 on Thursday as cryptocurrencies are seeking direction but have failed to recover from massive losses in the last two weeks. Bitcoin, the world’s...

Twitter rolling out 'crisis misinformation policy' with 1st focus on Ukraine

WASHINGTON  Twitter announced Thursday a new "crisis misinformation policy," which it said is a bid to ensure "viral misinformation" is not amplified on the social media website during conflicts and...

Brent oil prices up on hope of stronger Chinese demand

ANKARA Oil prices rose on Thursday driven by signs that the world's second-largest oil-consuming country China's virus outbreak could be easing, raising expectations of stronger demand. International benchmark Brent crude...

Dow slumps more than 1,100 points in worst loss since June 2020

ANKARA The Dow Jones industrial average plummeted more than 1,100 points Wednesday to post its worst daily loss since June 2020. The blue-chip index lost 1,164.5 points, or 3.57%, to close...

US gun manufacturing triples in past 2 decades: Report

WASHINGTON The number of guns manufactured in the US has nearly tripled since 2000, according to a recently published government report. The Bureau of Alcohol, Tobacco, Firearms and Explosives’ (ATF) National...

New York Fed launches global supply chain pressure index

ANKARA The Federal Reserve Bank of New York announced Wednesday the monthly publication of a new research product focused on assessing the intensity of global supply chain disruptions. The Global Supply...

Turkiye’s Borsa Istanbul flat at close

ISTANBUL Turkiye’s benchmark stock index was slightly down 0.05% to end Wednesday at 2,393.61 points. After starting the midweek at 2,390.78 points, Borsa Istanbul’s BIST 100 index lost 1.22 points...

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Turkish president, UN chief discuss ways to end crisis caused by Russia-Ukraine war

ANKARA The Turkish president and UN secretary-general on Monday spoke over phone and discussed initiatives aimed at resolving the ongoing crisis caused by the Russia-Ukraine...

Anadolu Agency's Morning Briefing – June 21, 2022

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Russia becomes China’s largest oil supplier

ANKARA Russia has surpassed Saudi Arabia to become China's largest oil supplier, as refiners bought up Russian crude oil offered at a huge discount...

EU, Egypt agree on partnership priorities until 2027

BRUSSELS The EU and Egypt have agreed on the partnership priorities guiding their relationship until 2027. The Association Council of the European Union and Egypt...

Syria's Tal Rifat surrounded with tunnels by YPG/PKK terrorists

TAL RIFAT, Syria / ANKARA The YPG/PKK terror group is using a sophisticated network of tunnels in the Tal Rifat district in northern Syria to...