Tuesday, September 13 2011 , Your time is 15:58:00
French economist and author Thomas Piketty’s blockbuster book launch in Turkey has witnessed a mini-crisis due to language issues.
BELGRADE - Agence France-Presse
The International Monetary Fund said Nov. 20 it had approved a new stand-by loan for Serbia worth around one billion euros ($1.25 billion) to help it achieve economic reforms.
The pressure on the Russian economy and the contraction in its market have begun to affect Turkey, dealing a blow to its exports
and tourism revenues. An increase in the perception of risk in the region is also damaging confidence in Turkey’s economy
The Turkish Central Bank kept interest rates on hold Nov. 20 and said it would keep monetary policy tight until the inflation outlook improves significantly.
ANKARA - Anadolu Agency
Turkey’s central government budget ran a 14.9-billion Turkish Lira ($6.7 billion) deficit between January and October 2014, the Finance Ministry said in a written statement on Nov. 17.
Boğaziçi University Professor Emine Nur Günay has been appointed as PM Davutoğlu’s chief economy adviser
Turkey’s dreams of becoming a regional hub could be achieved easier by focusing on doing business with similar-cultured countries and prioritized sectors, a new report has suggested.
BAGHDAD - Agence France Presse
The Iraqi government transferred $500 million to the autonomous Kurdish region on Nov. 19 as part of a deal aimed at ending long-running oil and budget disputes, the finance minister said.
JERUSALEM - Reuters
Israel's economy contracted for the first time in more than five years in the third quarter, as growth was hit by the effects of a war with Islamist militants in Gaza.
Turkey attracted a mere $160 million in foreign direct investments (FDI) from the U.S. in the first nine months of 2014, the president of TOBB has said
BRISBANE, Australia - Agence France-Presse
G20 leaders representing the bulk of the world's economy committed to reform measures to lift their collective growth by an extra 2.1 percent by 2018, despite evidence of a slowdown in some major nations.
Turkey’s unemployment rate increased to double-digit figures in August for the first time since February
Ankara - Anadolu Agency
A report says that more than 14 percent of new homes in October were sold to foreigners. The highest rise in home prices was in Istanbul, but high-end properties are not popular
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