Traders are preparing for a jolt of volatility in the Turkish lira after president Recep Tayyip Erdogan sacked the country’s central bank chief, who was regarded as a key force in pulling the lira from historic lows last year. The removal of Naci Agbal, announced in the early hours of Saturday, shocked many local and
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The top US immigration official said authorities were expelling the majority of migrants crossing the southern border, as the Biden administration battled a growing political crisis over the surging number of children entering the US. “The message is quite clear, do not come,” Alejandro Mayorkas told ABC. “The border is closed. The border is secure.
Economists are cutting growth forecasts for the eurozone economy as a third wave of Covid-19 infections and vaccination delays spur tighter restrictions in several countries including France, Italy and Germany. The reintroduction of lockdown measures across Europe is fuelling concerns that the region could suffer another disappointing summer tourism season if vaccinations do not speed