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US retail sales, industrial production post April gains
US retail sales, industrial production post April gains
by  AFP

Retail sales in the United States returned to growth in April fueled by a rebound in motor vehicle sales, data released Tuesday showed, but not by as much as many expected. - Strong vehicle production - A separate report released Tuesday by the Federal Reserve showed industrial production rose 0.5 percent month-on-month, beating median expectations of economists surveyed by MarketWatch.

Erdogan rival faces uphill struggle in Turkey runoff
Erdogan rival faces uphill struggle in Turkey runoff
by  AFP

Turkey's secular opposition leader may have succeeded in forcing President Recep Tayyip Erdogan into his first ever runoff, but his chances of winning on May 28 are remote. The opposition leader, himself an Alevi Kurd who represents one of Turkey's most repressed communities, was endorsed by the pro-Kurdish HDP party in late April.

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