Tuesday, September 13 2011 , Your time is 15:58:00
Deputy Prime Minister Ali Babacan says Turkey’s 2014 growth will 'generally' be within its year-end targets, but warned the country needs to intensify its efforts to attain balanced growth.
Turkish Economy Minister Nihat Zeybekci met on Sept. 16 with his Russian counterpart to discuss opportunities for Ankara to meet Moscow’s needs amid the latter’s trade war with the West.
The Turkish economy has grown less than expected in the second quarter, prompting the government to warn that its 4-percent 2014 growth target may be missed amid lingering setbacks
Erdoğan accuses the agencies of 'political motives' in their assessments
ISTANBUL - Reuters
The Turkish Lira has weakened to its lowest level in over five months, exceeding 2.19 against the dollar
Turkey’s eight-month budget performance deteriorated compared to the same period last year, official data shows, but the government says it sees no imminent threat to reaching its year-end targets
LONDON - Reuters
Petra Diamonds Ltd has found a 232.08-carat white diamond at its Cullinan mine in South Africa, which four analysts predict could fetch between $10 million to $16 million.
Two of Turkey’s top ministers have once again clashed over Central Bank policies, after one expressed his discomfort at the perception of division within the government over the economy
Turkey’s top economy management team met under the leadership of Deputy PM Ali Babacan to discuss pressing topics in the country’s economic agenda
KASTAMONU - Reuters
Central Bank Governor Erdem Başçı has countered the government’s pressure for interest rate cuts, arguing that sharp reductions would cause citizens to rush to hoard dollars and thwart stability
The foreign trade data of the first seven months carry signs pointing out that the growth target of 2014 set at 4 percent will be
difficult to achieve. The fall of the tempo in exports point out that growth wheels have slowed down also in the third quarter
Rating agency warns of a change of the country’s sovereign rating outlook, as it highlights a risk of ‘economic populism’
TTNET, the Internet unit of Turkey’s main landline operator Türk Telekom, has been fined over 30 million Turkish Liras for overbilling its customers over a seven-year period.
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