US Federal Reserve

Romanian tennis player Andreea Mitu advanced on Thursday to the best performance of her career, by qualifying to the 3rd round of the women's Roland Garros tennis tournament, after defeating Karolina Pliskova (the Czech Republic), 12th seed, in the second Grand Slam of the year by 2-6, 7-6 (5), 6-4.

Photo credit: (c) Cristian NISTOR / AGERPRES ARCHIVE

By Andrea Wong

The euro rose against most of its major peers on speculation that Greece was moving closer to reaching a deal with its creditors, alleviating concern the indebted nation will exit the shared currency.

German Chancellor Angela Merkel tops the Forbes list of the world's most powerful women for the fifth straight year but Hillary Clinton is snapping at her heels, the magazine said May 26.

By Kevin Buckland & Netty Ismail

The euro dropped to a four-week low against the dollar as Greek finance minister Yanis Varoufakis blamed creditors? insistence on additional austerity for the impasse over the release of financial aid.

By Emma O?Brien & Nick Gentle

The euro weakened after Greece told creditors to lower demands that are holding up bailout funds. Emerging-market stocks fell as speculation grew the U.S. was moving closer to raising interest rates, while Poland?s zloty slid to a two-month low and Spanish markets dropped.

For FT’s Wolfgang Münchau’s the “fate of Greece” lies with leftist PM Alexis Tsipras, whereas for freelance columnist Hugh Dixon, the “Greek Deal” lies with the “people”, obviously the Greek people, in this case.

Federal Reserve officials believed it would be premature to hike interest rates in June even though most felt the U.S. economy was set to rebound from a dismal start to the year, according to minutes from their April policy meeting released on May 20. 

It is a rule in Turkish politics. If a politician has nothing new to say, they start shooting the media with the ammunition left; they use their last bullet. 

I, personally, was ready. I was waiting for this dirty trick, this rush of slander? 

One of the few cartoonists to survive an Islamist militant attack on France's Charlie Hebdo journal is leaving the publication, saying he can no longer bear the pressure.

Everybody in Turkey is focus on the upcoming general election. What about after the election? Those economic, political and even geopolitical risks, will they lessen with the results of the June 7 vote? Will Turkey have a more predictable future? Will the uncertainty and fog disperse? Will foreign investors return? Will the dollar exchange rate relax?