EPISODE · Aug 20, 2020 · 1 MIN
August 20 , 2020 - Biz in 60
from Business in 60 Seconds · host TRT World
Former Trump adviser Steve Bannon arrested on fraud charges US President Donald Trump's former senior advisor, Steve Bannon, has been arrested and charged with fraud. Prosecutors allege Bannon and three associates orchestrated a scheme to defraud donors in a fundraising campaign to build a wall along Turkey's central bank keeps policy rate unchanged at 8.25% Turkey's central bank has kept its key interest rate unchanged at 8-point-25 percent for the third consecutive meeting. The bank had slashed its one-week repo rate nine times since last July when it stood at 24-percent, before halting the cuts in June. With inflation running at 11-point-7 percent, the real interest rate remains in negative territory. Boeing scores first 737 MAX order for 2020 Boeing has scored its first order for its troubled 737 MAX aircraft after Poland's Enter Air agreed to buy up to four variants of the jet. The aircraft has been grounded worldwide following two fatal crashes that killed 346 people.
What this episode covers
Former Trump adviser Steve Bannon arrested on fraud charges US President Donald Trump's former senior advisor, Steve Bannon, has been arrested and charged with fraud. Prosecutors allege Bannon and three associates orchestrated a scheme to defraud donors in a fundraising campaign to build a wall along Turkey's central bank keeps policy rate unchanged at 8.25% Turkey's central bank has kept its key interest rate unchanged at 8-point-25 percent for the third consecutive meeting. The bank had slashed its one-week repo rate nine times since last July when it stood at 24-percent, before halting the cuts in June. With inflation running at 11-point-7 percent, the real interest rate remains in negative territory. Boeing scores first 737 MAX order for 2020 Boeing has scored its first order for its troubled 737 MAX aircraft after Poland's Enter Air agreed to buy up to four variants of the jet. The aircraft has been grounded worldwide following two fatal crashes that killed 346 people.
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August 20 , 2020 - Biz in 60
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