Kenyans have been scrambling to exchange their old 1,000 shilling notes as the country removes its oldest banknote from circulation. As Motheo Khoaripe reports the government says the move could reduce corruption.

#KenyaShilling #Demonetisation #BankNotes

The Turkish industries ministry has also unveiled its strategy to boost the share of manufacturing from 16.5 percent of GDP to 21 percent by 2023. TRT World's Senior Business Producer Mobin Nasir sat down with Deputy Industry and Technology Minister Fatih Kachir to discuss the government's goals.

#Turkeymanufacturing #Output #IndustrialStrategy

Turkey has a new roadmap for economic growth. Expecting a recovery in the third quarter this year, Treasury and Finance Minister Berat Albayrak announced a set of short-term policies. They include reforms to cut taxes for low-income households, reduce unemployment to single digits and target areas such as growth and inflation. The government raised its growth target from 3.5 percent next year, to 5 percent for each of the next three years.

#TurkeyInflation #Economy #Growth

It's the biggest class action lawsuit to hit the auto industry. Around 450,000 German car owners are collectively suing Volkswagen. They're demanding billions of dollars in compensation for an emissions cheating scandal that first emerged in 2015. Since then, Volkswagen has been trying to restore its reputation. But as Sibel Karkus reports, it faces a long road ahead to regain consumer confidence. For more on this story, we were joined by Ira Spitzer in Berlin.

#Volkswagen #EmissionsScandal #ConsumerConfidence

Authorities in Afghanistan are reporting a record-low turnout in this weekend's presidential election as voters were scared away by threats made by the Taliban. A weak mandate could be a hurdle for the next government as it tries to revive the economy by ending years of fighting. But as Paolo Montecillo reports, voters could still get a second chance to be heard. For more, we spoke to Gul Maqsood Sabit in Kabul. He's Afghanistan's former deputy finance minister.

#Elections #Taliban #AfghanEconomy

Thousands of travelers are still making their way back home after the world's oldest travel company collapsed this week. After nearly 180 years of operating, British firm Thomas Cook failed to get a last-minute rescue deal. Many of the stranded tourists had been holidaying in Turkey. Sibel Karkus went to the Turkish resort city of Marmaris to find out how tourists and the Turkish government are responding. For more on this Heinrich Grossbongardt joined us from Veliko Tarnovo in Bulgaria. He's an Aviation Industry Expert.

#Turkey #ThomasCook #Marmaris

In recent years, the Cuban government has opened its highly regulated economy to international investors, forming hundreds of joint ventures, from pasta factories to five-star hotels that cater to foreign tourists. But large scale private-public partnerships have not extended to the Cuban private sector until now. Reed Lindsay reports from Havana.

#BicycleRenting #Cuba #PublicPrivatePartnership

Parts of eastern Australia have not seen proper rainfall in years. A prolonged drought and seasonal bushfires are putting the region at risk of completely running out of water in the next six months. The dry spell is also hurting the livelihoods of longstanding farming communities in the Australian Outback. Laila Humairah has more.

#Australia #Water #Drought

Hong Kong's Chief Executive Carrie Lam has been lambasted by members of the public at the first of a series of dialogue sessions aimed at calming tensions in the city. Out of a population of more than seven million people, just 150 were invited at random to the event. Joel Flynn reports.

#CarrieLam #HongKong #Dialoguesessions

The world's lender of last resort has a new boss. Former World Bank official Kristalina Georgieva has been confirmed as the new managing director of the International Monetary Fund. She's pledged to step up efforts to support debt-ridden economies, but as US support waivers, the IMF could find itself facing tougher times. And we got more from TRT World's Mobin Nasir.

#IMF #WorldBank #Debt