Tuesday, September 13 2011 , Your time is 15:58:00
The growth rate for the second quarter has been announced at 2.1 percent - far below expectations. As a consequence, unemployment is rapidly escalating
CAIRNS, Australia - Agence France-Presse
G20 finance chiefs promised Sunday to "clearly communicate" their monetary policy actions "in a timely way", as emerging market member nations welcomed the US Federal Reserve's transparency on its tightening measures.
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.
SOCHI, Russia - Reuters
Prime Minister Dmitry Medvedev said on Friday that Russia would not isolate its sanctions-hit economy from the West but said improving relations with Asian countries has become a key strategy.
Erdoğan accuses the agencies of 'political motives' in their assessments
The head of Turkey’s largest business organization has warned that 'polarization' in Turkey might thwart progress in much-needed economic reforms
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
PM Ahmet Davutoğlu has harshly criticized the letter written by main opposition leader Kemal Kılıçdaroğlu, which accused him of remaining silent over the president’s 'attacks' on Bank Asya
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
Kılıçdaroğlu’s letter came a day after Erdoğan called on Turkey’s banking watchdog to take steps against Bank Asya
NEW YORK - Reuters
An attorney for a Motorola subsidiary has asked New York’s top state court to allow it to freeze the assets of Turkish Uzan family held by a branch of an international bank in the United Arab Emirates.
ISTANBUL - Anadolu Agency
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.
Turkey and Azerbaijan have reiterated their pledge to develop their economies through mutual cooperation
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