Inflation in Türkiye spiked to 58.9% in annual terms in August, its fastest pace this year, from around 48% in July, according to data released on Monday by the Turkish Statistical Institute. The month-on-month increase was 9.1%, mostly driven by rising energy and food costs. Transport costs jumped 16.6% month-on-month, while food and non-alcoholic beverage…

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The annual event will focus on forging stronger economic ties despite external pressure Delegations from many foreign countries are expected to take part in the Eastern Economic Forum (EEF) which kicks off on Sunday in Russia’s far eastern city of Vladivostok.