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Results for “Liquidity Crisis”

A shopkeeper holds Iranian rial banknotes at a market in Tehran.

Iran's rial falls to new low as central bank offers up to $2 billion

The currency weakened beyond 2.68 million rials per dollar as sanctions, the naval blockade and inflation above 70% drove demand for hard currency and gold despite a state-bank intervention.

Fatma Betül Sayan Kaya speaks at a news conference in Istanbul.

Global

AK Party deputy chair resigns as share-trading allegations deepen Turkey's funds crisis

Fatma Betül Sayan Kaya asked to leave all party posts after the opposition alleged that she and her husband turned a 163 million-lira investment into about 2.17 billion lira before a market selloff.

Industrial workers and machinery inside an Argentine manufacturing plant during a period of uneven sector activity.

Latin America

Argentina's Industrial Split Deepens as Mining-Linked Sectors Advance and Textiles Slide

Argentina's industrial map has become sharply uneven since late 2023, with chemicals, petroleum refining and food expanding while textiles, metal products and machinery show steep declines, underscoring the stress of an economy being reshaped by trade opening, cost pressures and limited competitiveness gains.

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