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EU charges eight banks over alleged govt bond cartel

The European Union’s antitrust authority has charged eight unnamed banks with operating a cartel in trading euro zone government bonds between 2007 and 2012, years when the financial crisis dragged down banks and countries. The European Commission said in a statement that some traders at the banks exchanged commercially sensitive …

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Tunisian businesses urged to invest in Ghana

Players in the business community have asked Tunisian investors to take advantage of Ghana’s stable socioeconomic and competitive environment by partnering their Ghanaian counterparts to establish multinational companies that can profit Africa’s over 1.2 billion consumers. At a business forum on Tuesday, January 15 in Accra, government officials, manufacturers, exporters, …

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Turkey inflation surges to 15-year high in August

Inflation in Turkey rose again in August to nearly 18 percent, official statistics showed on Monday, a record since late 2003 and coming after the Turkish lira dramatically weakened against the US dollar last month. Consumer prices rose 17.9 percent in August from the same month in the previous year, …

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