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Spanish court opens probe into cannabis 'Ponzi scheme'
Spanish court opens probe into cannabis 'Ponzi scheme'
by  AFP

Spain's top criminal court has opened a fraud investigation into a Netherlands-based medicinal cannabis investment platform which allegedly swindled people around the world of millions of dollars. This is believed to be the first class-action lawsuit against JuicyFields, which according to media investigations scammed investors around the world.

Inflation-hit Turkey cuts rate for second month
Inflation-hit Turkey cuts rate for second month
by  AFP

Turkey's central bank on Thursday cut its policy rate for the second straight month despite an annual inflation rate that has reached 80 percent and is still moving higher. "The Turkish central bank's policy rate really has little real meaning these days, given inflation at 80 percent plus," said BlueBay Asset Management analyst Timothy Ash.

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