The Turkish lira plummeted to a historic low against the US dollar today amid concerns over the credibility of monetary policy and the strengthening dollar. The exchange rate of the Turkish currency stood at 8.93 liras per dollar at 13:13…

The $3.5 trillion human infrastructure package known as “Build Back Better” has been the source for much division among U.S. lawmakers, especially after support for the $1.2 trillion physical infrastructure bill waned last week. A key part of “Build Back…

The offshore tax activities of prominent figures in the world of business, politics, entertainment and sports have once more been revealed in a massive leak, this time dubbed the Pandora Papers by the International Consortium of Investigative Journalists, which had…

  The milder than expected recession in the first quarter of 2021 and the incoming data for the second quarter make us even more optimistic compared to previous forecasts, underlines Bank of Greece’s CEO Giannis Stournaras in an interview with…

The World Intellectual Property Organization (WIPO) has released its 2021 Global Innovation Index. It evaluated innovation levels across 130 economies focusing on a long list of criteria such as human capital, institutions, technology and creative output as well as market…

The Italian UniCredit made a significant revision of the growth prospects of the Greek economy this year, estimating that the growth rate will be 8% from the 5.7% it forecast before while maintaining its estimate for 2022 at 3%. Public…

While living in Switzerland is roughly 12 percent cheaper than in New York City according to Numbeo’s Cost of Living Plus Rent Index (COLPRI), the Alpine state still tops the list of the most expensive countries to reside in worldwide…

Fitch Solutions forecasts real GDP growth of 6.3% in 2021 for Greece (revised upwards of 6.0%), the fastest annual expansion of the economy in the last four decades, after shrinking by 8.2% in 2020. The easing of restrictions on domestic…

The United Nations General Assembly taking place in New York this week is running under the theme “Building resilience through hope – to recover from Covid-19, rebuild sustainably, respond to the needs of the planet, respect the rights of people,…

When it comes to education, there are not only big differences in attainment levels across the world but also the amount of a country’s resources that are spent on investment in the sector. According to the OECD’s latest report, Norway…

When iOS 15 arrives today, a vast majority of iPhone users will get to enjoy it. For the second time running, Apple have managed the remarkable feat of leaving no additional generation of iPhones behind. That means even users of…

Pinduoduo founder Colin Huang’s wealth has dropped by an astonishing $27 billion this year, according to the - Billionaires Index. The e-commerce company’s American depositary receipts have fallen 44% year-to-date, as Beijing has targeted tech giants and U.S.-listed Chinese companies,…

Even though most of the states in the U.S. have passed their own minimum wage laws, the federal minimum wage remains unchanged at 7.25 U.S. dollars since July 2009. Taking this into consideration, it’s no surprise that U.S. residents earning…

Taxisnet.gr, Greece’s tax platform that has been providing online services for taxpayers until now is being replaced by myaade.gov.gr, a more user-friendly portal and offering a range of services to citizens. Myaade.gov.gr offers digital appointment scheduling and online completion of…