How will Turkey’s presidential run-off shape the economy?
Soaring inflation and a plunging lira will be top priorities for whoever wins the presidential run-off on May 28.
Soaring inflation and a plunging lira will be top priorities for whoever wins the presidential run-off on May 28.
A weekly look at the world’s top business and economics stories. Watch Counting the Cost every Friday 2230GMT





In a surprise move, OPEC+ slashes oil production by 1.6 million barrels a day starting in May.

Russia turns to China’s yuan as its foreign currency of choice and supports it in trade with other countries.

The US Federal Reserve raised interest rates again to rein in inflation, despite the turmoil in the financial sector.

The finance minister has put getting Britons back into work at the heart of his plan for economic growth.

Xi Jinping accuses the US of blocking China’s rise as the nation sets the lowest growth target in decades.

The European Union plans to halt fossil fuel car sales by 2035 and wants to speed up the switch to electric vehicles.

One year since Russia’s invasion of Ukraine began, the West is still rolling out sanctions against Moscow.

Reconstruction efforts after earthquakes in Turkey and Syria could cost billions of dollars.

The European Union has drawn up a plan to boost the production of electric cars and renewable energy projects.

France is among many nations struggling to keep retirement schemes afloat.
