European shares push higher; Barclays freezes Jes Staley share awards – business live

European shares push higher; Barclays freezes Jes Staley share awards – business live

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The mission of the International Monetary Fund is starting discussions in Ukraine for the second review of the Fund-supported programme, the global lender said today. (The meetings will be conducted virtually.) Ukraine hopes that the talks … Read more

Weak dollar no boon for emerging markets this time

Weak dollar no boon for emerging markets this time

LONDON/NEW YORK: Typically a boon for emerging markets, this year’s plunge in the US dollar may fail to boost the developing world’s prospects as the raging pandemic hits economic activity, increases poverty and exposes weak policymaking. The greenback plummeted by its most in a decade in July and US Treasury yields fell to record or … Read more

Turkey’s earthquake caused $34 billion in damage. It could cost Erdogan the election | CNN

Turkey’s earthquake caused  billion in damage. It could cost Erdogan the election | CNN

Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi, UAE CNN  —  The devastating earthquake that hit Turkey on February 6 killed at least 45,000 people, rendered millions homeless across almost a dozen cities … Read more