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Tuesday, September 13 2011 , Your time is 15:58:00
The Turkish Central Bank will maintain its current tight stance in monetary policy in order to balance risks on inflation, Central Bank Gov. Murat Çetinkaya said on April 24, after consumer price growth soared to an 8.5-year high in March.
MYTISCHI, Russia- Agence France-Presse
Property developers are racing to build up prime land in Moscow’s leafy outskirts with plans that involve razing entire villages and felling acres of forest
The European Bank for Reconstruction and Development’s (EBRD) support for Turkish agriculture has now exceeded 1 billion euros, the bank announced in a press statement April 12.
Şebnem Turhan - ISTANBUL
Sedat Aloğlu, a leading businessman who is also an expert on Turkish-European ties, has recommended a temporary “break” in ties between Turkey and European Union until elections in Germany so that their relations can ultimately emerge in a healthier fashion.
ANKARA - Anadolu Agency
The number of cars produced by Turkish automakers in the first quarter of the year increased by 44 percent, pushing overall automotive production to its highest level since 2007, according to an official data released on April 12.
Documents and computer files released by hackers provide a blueprint for how the U.S. National Security Agency likely used weaknesses in commercially available software to gain access to the global system for transferring money between banks, a review of the data showed.
CAPE TOWN - Reuters
South Africa’s new Finance Minister Malusi Gigaba said on April 13 he would meet with ratings firm Moody’s to convince them the country would stay on the path of fiscal discipline, in order to avoid a third credit downgrade.
Grandmothers who look after their grandchildren while the parents of the latter are at work were given their first salaries as part of a pilot project on April 14.
TEHRAN - Agence France-Presse
Iran’s first cruise ship since the 1979 Islamic revolution completed its maiden revenue-earning voyage on April 13, docking in the Gulf resort island of Qeshm, a port official said.
NEW YORK - Reuters
An executive at the Turkish state-owned bank Halkbank on April 13 pleaded not guilty to involvement in a multi-year scheme to violate U.S. sanctions against Iran
Nazlan Ertan – GAZİANTEP
There are no problems with charter flights from Russia to Turkey, Turkish Foreign Minister Mevlüt Çavuşoğlu has said, adding that a Turkish delegation headed by Deputy Prime Minister Mehmet Şimşek will visit Moscow to discuss bilateral economic issues on April 18.
Over 157,000 companies have obtained 114 billion Turkish Liras ($31 billion) in loans under a new scheme to boost the economy through the Credit Guarantee Fund (KGF), Finance Minister Naci Ağbal has said.