Iceland cuts key interest rate to 17 pct

March 19 2009 16:36:06

Iceland cuts key interest rate to 17 pct

Bloomberg

Policy makers lowered the repo rate to 17 percent from a record, the Reykjavik-based bank said yesterday. The rate cut is the first since the island came under International Monetary Fund administration in November. Iceland got an IMF-led loan of $5.1 billion in November.

Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant()

Türkiye 'neutralizes' nine PKK members in Iraq, Syria

Kılıçdaroğlu faces first hearing in insult case

Türkiye will continue on path to energy independence, Erdoğan vows

MPs pass reforms on internal security

Probe launched into journalists Altaylı, Saymaz

Famed Turkish author Orhan Kemal’s house in Istanbul for sale

Bodrum underwater museum nominated for top European award

WORLD

COP29 draft deal proposes rich nations give $250 bln in climate finance

A new draft deal at U.N. climate talks Friday proposes rich nations commit $250 billion a year to help poorer nations combat global warming in a bid to break the deadlocked negotiations.

ECONOMY

Over 47 million foreign tourists visit Türkiye in 10 months

Foreign tourist arrivals in Türkiye increased by 7.03 percent year-on-year in January-October to 47.3 million, according to data from the Culture and Tourism Ministry on Nov. 22.

SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.