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Out-of-court settlement mechanism: Who can save their home with the new Pierrakakis regulation – See examples

Primary residence is protected in the out-of-court mechanism, while the rest of the assets go “under the hammer” – How the installment is calculated – What changes for those with additional properties and for those who own only one home

Jerome Powell: Oil price rally will lead to a rise in inflation in the short term

The impact of developments in the Middle East on the US economy is uncertain, the head of the Federal Reserve said in a statement

Fed: interest rates unchanged amid war and energy crisis

Interest rates were maintained in the 3.5% to 3.75% range as the oil rally boosts inflationary pressures and pushes back expectations for the first cut of the year since the autumn

Ankara proposes extending the pipeline linking Turkey and Iraq as an alternative to the Strait of Hormuz

This proposal was presented in an interview by Turkey’s Energy Minister as an alternative solution in case the Strait of Hormuz is closed

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