Category: dismissed

Turkish Lira at New Lows After Erdogan Fires Bank Officials

October 14, 2021
Business & EconomydismissedEconomiesEuropeliraMonetary Policy CommitteeTurkishWorld
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ANKARA, Turkey—The Turkish lira hit record lows against the dollar Thursday after President Recep Tayyip Erdogan fired senior central bank officials, heightening concerns over the Turkish leader’s interference in the bank’s activities. Erdogan dismissed deputy central bank governors Semih Tumen and Ugur Namik Kucuk as well as Abdullah Yavas, a member of the bank’s monetary…

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Party Boss in Hangzhou Accused of Corruption, Alibaba’s Ant Group Denies Involvement

August 23, 2021
AlibabaAnt GroupAsia & PacificCCP officialChinaChinese RegimedismissedWorld
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The party secretary of Hangzhou, Zhou Jiangyong, was placed under investigation on Saturday, while reports on his arrest being linked to Alibaba’s financial affiliate, Ant Group, have been denied. “The Chinese Communist Party (CCP) boss of Hangzhou Zhou Jiangyong is suspected of seriously violating discipline and laws, and is under investigation and inspection,” the Central…

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