The son-in-law of Turkish President Recep Tayyip Erdogan resigned on Sunday as finance minister, citing health reasons in a statement on his verified Instagram account.

Moody's rating agency has upgraded Greece's long-term debt rating, citing growth prospects for next year as well as progress in tax compliance, strengthening institutions and fighting corruption. 

Turkey fired the governor of its central bank and replaced him with a former finance minister, according to a presidential decree published Saturday in the official gazette, after the Turkish lira reached record lows.

From the U.S. presidential election to the state of the economy, on paper this week did not go well for Wall Street, and yet stock indices climbed ever higher.

Stock markets rallied Thursday and the dollar slid against the euro and pound as U.S. election uncertainty reigned ahead of a key Federal Reserve update.

Syrian President Bashar Assad has said much of his country's current economic distress is a direct result of the banking crisis in neighboring Lebanon, where many Syrian businessmen have traditionally kept their money.

Assad said that between $20 billion and $42 billion held by Syrians are estimated to be tied up in Lebanese banks. He spoke during a tour of a trade fair in Damascus with his wife.

With America's knife-edge election yet to be called, and the Covid-19 pandemic surging across the nation, analysts will be watching the Federal Reserve on Thursday for signs of whether it may step in again to help the US economy survive the coronavirus downturn.

With no clear winner in the U.S. presidential election and hopes for more economic stimulus in limbo, all eyes will be on the Federal Reserve's policy meeting beginning Wednesday for signs of whether the central bank will step up and do more.

European stock markets slid at the start of trading on Wednesday on US election uncertainty as President Donald Trump said he will go to the Supreme court to dispute the vote count.

Lebanon's prosecutor general decided Tuesday not to charge fugitive ex-auto tycoon Carlos Ghosn for visiting Israel in 2008 because a statute of limitations has expired, a judicial source said.

Three lawyers filed a motion in January calling for the 66-year-old businessman to be prosecuted over his trip to Israel as Renault-Nissan chairman.