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Turkey ends tightening cycle, keeps interest rate at 45%
Turkey ends tightening cycle, keeps interest rate at 45%
by  AFP

Turkey's central bank maintained its key interest rate at 45 percent on Thursday, marking the end of its monetary tightening cycle after eight consecutive months of hikes. Turkey's central bank, which has raised its key rate from 8.5 percent to 45 percent since June, said last month that the level was sufficient to start easing the cost of living crisis.

Eiffel Tower closed for fourth day as staff strike
Eiffel Tower closed for fourth day as staff strike
by  AFP

France's iconic Eiffel Tower was closed for a fourth day on Thursday as employees extended a strike over the monument's management, unions said. Union representatives were to meet SETE management in the afternoon, they told AFP. Unions have also called on the city of Paris "to be reasonable with their financial demands to ensure the survival of the monument and the company operating it".

UK to quit 'outdated' fossil fuel friendly treaty
UK to quit 'outdated' fossil fuel friendly treaty
by  AFP

The UK will join a string of European countries in leaving a controversial energy treaty that has allowed fossil fuel giants to sue governments over their climate policies, the government said on Thursday. To do that, it allowed energy companies -- many of them using coal and other fossil fuels -- to sue governments over policies putting their investments at risk.

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