Turkey’s currency dipped below eight lira to the dollar after trading at around 8.5, a record, one week earlier. Yasin AKGUL Text size ADDS new analyst comment Turkish President Recep Tayyip Erdogan wooed sceptical investors Wednesday with a promise of painful reforms, throwing his full support behind a new economic […]
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Coronavirus’s painful side effect is deep budget cuts for state and local government services
Washington state cut both merit raises and instituted furloughs as it faced a projected $8.8 billion budget deficit because of the coronavirus. Wolfgang Kaehler/LightRocket via Getty Images Nationwide, state and local government leaders are warning of major budget cuts as a result of the pandemic. One state – New York […]