Tuesday, September 13 2011 , Your time is 15:58:00
The World Bank has said uncertainty related to the June elections continues to affect investors’ sentiments toward the Turkish economy and urged the strong need for key structural reforms in its regular economic brief on April 17
WASHINGTON - Anadolu Agency
Critical work remains ahead despite the world’s emergence from the depths of the global economic crisis, Turkish Deputy Prime Minister Ali Babacan has said at an economic gathering in Washington.
Economists and other experts surveyed by the European Central Bank pared back their predictions on April 16 for inflation to just above zero for this year as oil prices stay low, but expect it will pick up strongly in 2016 and beyond thanks to fresh money printing.
MADRID - Reuters
The home and office of former International Monetary Fund chief Rodrigo Rato were searched on April 16 as part of a tax and money laundering investigation into his personal wealth, Spanish judicial officials said
ISTANBUL – Agence France-Presse
The lira broke above the psychologically important level of 2.7 to the dollar to trade at 2.703 to one dollar
President Vladimir Putin said on April 16 Russia’s economy could return to growth in less than two years, even though he considers it unlikely that the West will lift economic sanctions over the Ukraine crisis soon.
ANKARA - Anadolu Agency
Turkey’s budget deficit was 6.8 billion Turkish Liras ($2.5 billion) in March and 5.4 billion liras ($2 billion) in the first quarter of 2015, Finance Minister Mehmet Şimsek said in a press conference on April 15, announcing central government budget figures for March
WASHINGTON - Agence France-Presse
A sluggish global economy, the Greek debt crisis and continuing fallout of the Ebola epidemic will take focus beginning April 16 when top finance officials gather for the World Bank and IMF Spring meetings.
GENEVA - Agence France-Presse
The World Trade Organization cuts its global good trade growth forecasts to 3.3 percent this year and to 4.0 percent in 2016, mainly due to sluggish economic growth across the globe
There is plot which aims to show the Turkish economy to be worse off than it actually is by exaggerating current developments, according to Customs Minister Nurettin Canikli.
The pace of growth and development in the Turkish economy and its foreign trade implications over the last decade has brought topics related to direct and indirect foreign investment to the top of the agenda.
FRANKFURT - Reuters
A woman protesting against European Central Bank policy leapt onto a desk in front of ECB President Mario Draghi on April 15as he spoke at a news conference
ISTANBUL - Reuters
The Turkish lira plumbed another record low against the dollar on April 14, as investors punished the currency on fears of rising political instability ahead of the June 7 parliamentary election.
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