The move has “stunned” economists who expected the central bank to keep rates unchanged The Turkish central bank raised its benchmark interest rate by 500 basis points to 50% on Thursday, citing the need to tame skyrocketing inflation.
French elites are traumatised by the decline of their country, and their leader is throwing his toys out of the pram France’s position on the world stage today is in a rather strange state of affairs: a country with a solid nuclear arsenal but which has lost all ability to influence its environment. Over the…