SocGen anticipates US sanctions penalties to be nearly €1.2B

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Source: Dukascopy Bank SA
France's bank Societe Generale anticipated penalties related to the dispute with the US authorities on international sanctions violations to be close to €1.2B, it stated on Monday.
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Mon, 03 Sep 2018 17:32:48 GMT

Turkish inflation at 18% in August

Turkey's annual consumer inflation reached 17.9% in August, up from the reading of 15.9% in July, putting pressure on the country's Central Bank to increase the interest rate next week.

Mon, 03 Sep 2018 16:29:39 GMT

India allows refiners to use Iran's tankers

India allowed state refiners to import Iran's oil with tankers, arranging Tehran, and insurance after companies halted voyages to Iran amid the US sanctions.

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