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Tuesday, September 13 2011 , Your time is 15:58:00
The U.S. dollar rose sharply against the Turkish Lira late on Sept. 20 after the Federal Reserve unveiled plans to wind down its crisis-era stimulus and hinted at another interest rate hike before the end of the year.
The richest top 20 percent of society in Turkey received 47.2 percent of total income in 2016, marking a slight increase from the previous year, according to Turkish Statistical Institute (TÜİK) figures.
WASHINGTON – Agence France-Presse
Accelerating economic growth and prospects for a continued budget surplus has prompted a key credit rating agency to upgrade the outlook for Greek Cyprus to positive.
The number of newly established companies in Turkey soared by 47.46 percent year-on-year to reach 6,593 in August, the Turkish Union of Chambers and Commodity Exchanges (TOBB) said in a report released on Sept. 18.
MADRID – Agence France-Presse
Catalonia’s powerful business leaders are starting to lose their patience with an increasingly bitter tussle over an independence referendum deemed illegal by Madrid.
Ali Kayalar - ISTANBUL
The precious stones trade between Turkey and Israel took off after business meetings, says Consul General to Istanbul Cohen
TEHRAN – Agence France-Presse
A Chinese state-owned investment firm has provided a $10 billion credit line for Iranian banks, Iran’s central bank president said on Sept. 16.
NEW YORK/ANKARA – Anadolu Agency
A new Manhattan-based Turkish Trade Center is set to open on Sept. 21, Turkish Economy Minister Nihat Zeybekci has said.
ANKARA – Anadolu Agency
Turkey’s national flag carrier Turkish Airlines carried 44.9 million passengers from January to August 2017, the airline has announced.
U.S. tech titans Apple and Dell have joined a bid to buy Toshiba’s memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the US investor leading the consortium has said.
WASHINGTON - Agence France-Presse
U.S. President Donald Trump said on Sept. 14 he had not yet decided who will be the chairman of the Federal Reserve come February, but said he “likes” incumbent Janet Yellen.
LONDON – Reuters
British Foreign Secretary Boris Johnson has set out his plans for a “glorious” Brexit, angering colleagues and reigniting speculation he would challenge Prime Minister Theresa May for the leadership of the Conservative party.
Turkey’s current account deficit reached $5.1 billion in July 2017, up almost $2.7 billion year-on-year, official data showed on Sept. 15.