Turkey has lodged a complaint with the WTO following the US decision to impose tariffs of 20 and 50 percent respectively steel and aluminium imports from Turkey.
Iran says that France's oil giant Total SA has officially pulled out of Iran after cancelling its $5 billion, 20-year agreement to develop the country's massive South Pars offshore natural gas field over renewed US sanctions.
PepsiCo will buy carbonated drink-machine maker SodaStream which faced calls for a boycott several years ago over a factory it had in the Israeli-occupied West Bank.
Turkish lira steady against the US dollar following Moody's and Standard & Poor's ratings agencies downgrades on Friday.
UK farmers worry the problem will only get worse after Brexit because most seasonal labourers come from central Europe.
Britons voted in a 2016 referendum to leave the EU, but in July the proportion of voters who favour a referendum on the final terms of any Brexit deal overtook those who do not for the first time, according to opinion polls.
Nicolas Maduro ordered a 96 percent currency devaluation, pegged the bolivar currency to the government’s petro cryptocurrency and boosted taxes.
In Kenya, East Africa’s richest economy per capita, Uber competes with Estonian ride-hailing firm Taxify, Nairobi-based Mondo Ride and Little, which has a partnership with telecoms operator Safaricom.
“Some are threatening us with economy, sanctions, exchange rates, interests and inflation. We see your game and we challenge it," referring to US, Erdogan said at the Justice and Development (AK) Party's congress in the capital Ankara.
Both Moody's and S&P downgraded Turkey, highlighting a weakening lira and high debt levels.
President Nicolas Maduro said he would overhaul Venezuela’s disparate exchange rates and peg salaries, pensions, and prices to the petro, a cryptocurrency launched by the government earlier this year.
Tesla stock was on track for its biggest daily slump in two years as Wall Street questioned Musk’s ability to lead the electric car maker.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2018 TRT World.