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Posted on July 23, 2020

Pandemic Pushes South Korea Into Recession as GDP Contracts 3.3% in Q2

Gross domestic product (GDP) decreased by a seasonally adjusted 3.3% in the June quarter, the central bank said on Thursday, after declining 1.3% in the previous quarter and much worse than a 2.3% ... ( read original story ...)

Posted on July 23, 2020

South Korea’s Jeju Air says scraps deal to acquire budget carrier Eastar Jet

SEOUL (Reuters) - South Korea's top budget carrier Jeju Air Co Ltd said on Thursday it decided to scrap a deal agreed in principle to take over smaller Korean peer Eastar Jet ... ( read original story ...)

Posted on July 23, 2020

Next Rate Move for Turkey May Be Up But It’s Set to Hold for Now

Turkey’s first interest-rate hike since 2018 may be in play later this year but economists are unanimously predicting the central bank will extend its current pause on Thursday. ( read original story ...)

Posted on July 23, 2020

East Mediterranean tensions flare as Turkey seeks leverage in maritime border talks

Surveying activities by a Turkish ship in the eastern Mediterranean Sea have put Greek forces on high alert as Ankara seeks leverage in regional maritime border disputes. ( read original story ...)

Posted on July 23, 2020

Tax Cheats to Get Free Pass If They Invest in Pakistan Housing

Pakistan is willing to forgive tax evaders if they help fund activity in the economy that shrank for the first time in seven decades last financial year. ( read original story ...)

Posted on July 23, 2020

PM’s Finance Advisor Removed From National Finance Commission

The federal government has removed the prime minister’s adviser on finance, Abdul Hafeez Sheikh from the National Finance Commission. According ... ( read original story ...)

Posted on July 23, 2020

Demonstrators gather outside Azerbaijani consulate in L.A. to condemn attacks on Armenia

Hundreds gathered in front of the Azerbaijani consulate in Los Angeles Tuesday to protest against recent tension along the country’s border with Armenia. The demonstration, entitled ... ( read original story ...)

Posted on July 23, 2020

Armenian forces repel yet another Azerbaijani assault in Tavush

Azerbaijani special forces attempted to capture a section of the Armenian front line on Tuesday night, ending almost five days of relative calm. According to Armenian Defense Ministry (MOD) ... ( read original story ...)

Posted on July 23, 2020

Government Sees Greater Business Compliance With Coronavirus Safety Rules

Despite growing coronavirus cases, the government reopened virtually all sectors of the Armenian economy in early May. It at the same time set concrete operational rules designed to contain the spread ... ( read original story ...)

Posted on July 23, 2020

Two Fat Men Catering owner closes Lebanon’s Mo’Cara restaurant to re-purpose space

Mo’Cara Southern Dining in Lebanon has closed as a restaurant so ownership can re-purpose the space at 1331 W. Main Street. The venue will now be used for activities such as rehearsal dinners, parties ... ( read original story ...)

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