Australia rates on hold as recession feared

Australia rates on hold as recession feared

Agence France-Presse

In a widely-anticipated move, the Reserve Bank of Australia left rates unchanged for the second straight month, with governor Glenn Stevens citing evidence the global economy was stabilizing. Stevens said stimulus packages appeared to be supporting an eventual recovery.

 

LATEST NEWS

  1. New era begins in oil and gas exploration: Energy minister

  2. Uncertainties reduced significantly, says VP Yılmaz

  3. Erdoğan criticizes Israel, outlines his party's vision ahead of local elections

  4. US official says Israel gives no assurances to strike Iran’s nuclear facilities

  5. Intense Israeli bombing rocks Beirut
Recommended

Erdoğan criticizes Israel, outlines his party's vision ahead of local elections

Türkiye condemns Israeli airstrike on Tulkarem, calls for global action

Türkiye offers humanitarian assistance to Bosnia-Herzegovina after deadly floods

Istanbul court OKs indictment in deadly church attack

2,000-year-old mosaic on display in Samsun after 30 years

Night Museum initiative wraps up summer season with success

8 Magma chambers discovered in Turkish city
WORLD

Uncertainties reduced significantly, says VP Yılmaz

Türkiye is in a period of reducing uncertainties to a minimum, Vice President Cevdet Yılmaz has stated, stressing that the country continues to ensure predictability, sustainability and confidence.

ECONOMY

New era begins in oil and gas exploration: Energy minister

Energy Minister Alparslan Bayraktar has stated that sending off the Oruç Reis Seismic Research Vessel to Somalia marks the beginning of a new era in Türkiye’s natural gas and oil exploration at sea.

SPORTS

Beşiktaş, Fenerbahçe in Europa League tests

Two Turkish clubs launch their Europa League league stage campaigns on Sept. 26, when Beşiktaş travels to Ajax and Fenerbahçe hosts Union SG.