

In 2019 a Japanese national was deported from Turkey after he admitted to killing and eating 5 stray cats in Küçükçekmece, which gained widespread outrage in both countries. The law also mandates the sterilization of all stray animals in Turkey. According to the proposition that was accepted in 2021, pets and stray animals were given "living being" status, which allows from six months up to four years jail sentences for crimes against animals. This classification was criticized by animal rights activists, as it led to perceived lenient penalties against animal cruelty. The job market has been one of the main pillars supporting a slowing economy, and a drop-off there would likely mean a recession.Before 2021 the Turkish law defined animals (strays and pets) as “commodities”, rather than "living beings". employers advertised the fewest job openings in nearly two years during March. Regulators seized First Republic Bank at the start of this week and sold most of it to JPMorgan Chase, which had raised hopes that the turmoil could ease.Īdding to worries, a report showed U.S. bank failures in history have come since March, and investors are hunting for the next likely to topple or suffer a debilitating exodus of customers. PacWest Bancorp dropped 27.8%, Western Alliance Bancorp fell 15.4% and Comerica sank 12.4%. Some of the sharpest drops came from smaller- and mid-sized banks, which have been under heavy scrutiny as the banking system cracks under the weight of much higher interest rates. The Nasdaq composite gave up 1.1% to 12,080.51. “Risk sentiments are back to a cautious mood this week, having digested many of the big tech earnings and a series of uncertainties are now back onto the radar for the bulls to tackle,” Yeap Jun Rong of IG Research said in a commentary.Ĭalifornia lawmakers block bill making oil companies liable for some health problems President Joe Biden invited the top four congressional leaders to face-to-face talks at the White House next week to try to resolve the problem.

edging ever closer to what would be a catastrophic default on government debt. Meanwhile, a political stalemate left the U.S. central bank is widely expected to raise its key rate by a quarter percentage point to 5%-5.25% to try to finally tamp down inflation. Wrapping up a two-day policy meeting later in the day, the U.S. Investors are waiting for the Federal Reserve’s next move on interest rates. futures edged higher while oil prices were little changed.

Asian shares declined Wednesday, tracking losses on Wall Street as shares of beleaguered banks tumbled again and worries about the U.S.
