Moody’s decision to downgrade Turkey's credit rating is incompatible with the country’s fundamental economic indicators, the Ministry of Treasury and Finance said early on June 15.
The global renewable energy sector employed 10.98 million people in 2018, up 6.6% compared to 10.3 million in 2017, according to data compiled by Anadolu Agency from an International Renewable Energy Agency (IRENA) report.
The outlook for oil demand growth in 2019 has dimmed due to worsening prospects for world trade, the International Energy Agency (IEA) said on June 14, although stimulus packages and developing countries should boost growth going into 2020.
The Turkish Aerospace, TUSAŞ, will display for the first time the one-to-one mock-up of a Turkish fighter aircraft at the International Paris Airshow, the company said in a statement.
Turkish lender Halkbank on June 12 added a new branch to its network in Serbia, where it already has a widespread presence.
Hen egg output in Turkey rose 2.5% on a yearly basis to 1.6 billion units in April, Turkish Statistical Institute (TÜİK) reported on June 13.
Turkey and Azerbaijan are determined to strengthen cooperation in joint energy and transport projects, Turkish parliament's deputy speaker said on June 11.
The Turkish Treasury borrowed some 5.6 billion Turkish liras ($966 million) from domestic markets, according to an official statement on June 11.
Turkey’s Central Bank is expected to keep interest rates steady this week, according to a state-run Anadolu Agency survey released on June 10.