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Tuesday, September 13 2011 , Your time is 15:58:00
The Central Bank will do what is “necessary” on interest rates, Turkish Deputy PM Mehmet Şimşek has said at the World Economic Forum in Davos, adding that nothing was more critical than its credibility.
WASHINGTON - Reuters
General Motors Co on Jan. 17 confirmed it will invest an additional $1 billion in its U.S. factories in 2017 and will move some parts production from Mexico to the United States that was previously handled by a supplier
DAVOS - Reuters
The global economy is in better shape than it’s been in years. Stock markets are booming, oil prices are on the rise again and the risks of a rapid economic slowdown in China, a major source of concern a year ago, have eased
BEIJING - Agence France-Presse
A Chinese official has admitted his province falsified its economic data for years, state media said on Jan. 18, as the country prepares to release its national growth estimates for 2016.
There is no difference between an armed terrorist and a terrorist holding dollars, euros and interest, President Recep Tayyip Erdoğan said Jan. 12, describing the goal of the latter to take over the country
Turkish President Recep Tayyip Erdoğan called on the financial sector on Jan. 17 to open the taps of credit or face a reckoning.
Rising income inequality is seen as the top risk for the global economy in 2017, with reforms to market capitalism increasingly viewed as necessary to ward off a populist backlash, the World Economic Forum said on Jan. 11.
Turkish President Recep Tayyip Erdoğan is set to hold a meeting late on Jan. 16 with top economy officials, including ministers, senior civil servants and Central Bank Gov. Murat Çetinkaya, to discuss the recent volatility in the Turkish Lira and other economic developments, according to sources
The World Bank revised down its global and regional economic growth projections for 2017, including that of Turkey, in its Global Economic Prospects report published on Jan. 10
ANKARA - Anadolu Agency
Turkey’s government ran a 29.3 billion-Turkish Lira ($7.81 billion) budget deficit last year, the country’s finance minister said Jan. 16
ANKARA – Anadolu Agency
Turkey’s current account deficit is expected to stand at $2.6 billion in November 2016, a group of economists said Jan. 9
The 47th Annual Meeting of the World Economic Forum (WEF) will take on Jan. 17-20 in Davos-Klosters, Switzerland, under the theme of “Responsive and Responsible Leadership.”
The price of fresh fruit and vegetables has soared dramatically across Turkey as harsh winter conditions hit the country.