Economy

India's leader rallies his base with Hindu mega projects

Apr 8, 2019

A project in the ancient Indian city of Varanasi dreamed up by Prime Minister Narendra Modi shows the master political marketer's penchant for symbolism as political strategy before elections start this month

India's central bank cuts lending rate to 6%

Apr 4, 2019

Indian central bank lowers key interest rate by quarter of a percentage point to 6%

Iran says US sanctions impede flood rescue operations

Apr 2, 2019

Iran says US sanctions are impeding flood rescue efforts, while US blames disaster on the Iranian government's own 'mismanagement'

Pakistan, India trade fire in disputed Kashmir: 7 people die

Apr 2, 2019

Pakistan, India again trade fire in disputed Kashmir, leaving 7 people dead in new, dangerous escalation

The Latest: Opposition hopes make stand in Istanbul, Ankara

Mar 31, 2019

Voters in Turkey are electing mayors for 30 large cities, and a main battleground for President Recep Tayyip Erdogan's party appears to be in the capital, Ankara

Turkish voters go to polls in critical municipal elections

Mar 31, 2019

Turkish citizens have begun casting votes in municipal elections that are seen as a barometer of President Recep Tayyip Erdogan's popularity amid a sharp economic downturn.

Egypt's leader raises minimum wage by 67 percent

Mar 30, 2019

Egypt President Abdel Fattah el-Sissi says he has raised the minimum wage to 2,000 Egyptian pounds ($115.74) per month from 1,200 ($69.27), or 67 percent

Ahead of vote, Turkey's Erdogan says US attacking economy

Mar 28, 2019

Turkish President Recep Tayyip Erdogan is accusing the United States and other western nations of attacking Turkey's economy ahead of Sunday's local elections

China to give $989 million to build new highway in Sri Lanka

Mar 22, 2019

China has agreed to provide a loan of $989 million to Sri Lanka to build an expressway that will connect the island nation's tea-growing central region to a China-run seaport on the southern coast

Iran's woes briefly go up in smoke during fire festival

Mar 20, 2019

Iranians are celebrating the Festival of Fire, a nearly 4,000-year-old Persian tradition that this year offers a brief escape from the country's economic woes

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