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Day: August 18, 2022

Wim’s News – Despite 80% inflation, Turkey lowers interest rates

The Turkish central bank lowered its key interest rate despite inflation surging to nearly 80% and making it difficult for people to buy necessities.Turkey’s central bank lowered its key interest rate on Thursday despite inflation surging to nearly 80% and making it difficult for people to buy what they need. The bank announced that it …

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Wim’s News – Putting an end to lunch chats and work shutdowns: Japan Inc fights COVID

The COVID-19 pandemic is causing Japanese companies to temporarily close offices or suspend production, disrupting businesses in a country that has so far managed to weather the pandemic better than most advanced nations.  A number of production line shifts were halted by Toyota Motor Corp and Daihatsu Motor Co last week due to employee infections. …

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