Published:  12:01 AM, 12 July 2019

Worldwide waffling(12.07.2019)

Worldwide waffling(12.07.2019)

President Recep Tayyip Erdogan risks pushing Turkey's economy into an economic collapse similar to those seen in Latin America under populist regimes, according to Ashmore Group Plc. While more diversified than Venezuela's oil-dependent economy, Turkey is currently on a very similar path of policy missteps that are likely to lead to ruin, the $85 billion emerging-market asset manager said. Capital controls, nationalization and other policies designed to prevent the private sector from protecting its property as the macroeconomic environment deteriorates are the next "logical policy steps" that will follow in Turkey.


Scottish Government civil servants have been deprived of key information relating to a no-deal Brexit by the UK government, Nicola Sturgeon has claimed. Her declaration comes after Tory leadership contender Jeremy Hunt claimed the Scottish Government was not making adequate preparations for a no-deal scenario. Former first minister Jack McConnell also warned relations between civil servants in Edinburgh and London had been hit by growing divisions as a result of enhanced devolution. The claims are made in a new collection of essays published by the Smith Institute think tank today.


The player himself said he is ready for a new challenge while his agitating agent insists a deal needs to be done to get him out of Old Trafford, with Real Madrid the intended destination. But Solskjaer said: "We're Manchester United we don't have to sell players." Manchester United boss Solskjaer was speaking in his first pre-season press conference in Perth, Australia, yesterday and it was all about Pogba. United will want around £160million for Pogba who cost them £89 million from Juventus but Real are not ready to go above £90million.


In contrast to many congregations in western Europe, attendance is on the up at Notre-Dame aux Riches Claires, an imposing baroque red-brick church on a cobbled road close to Brussels' Grand Place. The faithful squeeze into the pews for Sunday mass and spill out on to the road to catch up before and after the weekly Spanish-language service by Father Óscar Escobar. The 17th-century church's change in fortunes is not just down to the strength of the Colombian priest's sermons, or the healthy trade in community gossip and empanadas afterwards.

Leave Your Comments



Latest News


More From The Connected Age

Go to Home Page »

Site Index The Asian Age