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Tuesday, September 13 2011 , Your time is 15:58:00
Deputy Prime Minister Mehmet Şimşek has said the July 15 coup attempt was not the main cause behind the Moody’s rating downgrade but rather that ongoing structural problems were to blame
Turkish President Recep Tayyip Erdoğan has lashed out at rating agencies, after Moody’s downgraded the country’s sovereign debt rating to “junk” status.
The World Trade Organization on Sept. 27 revised down its 2016 global trade forecast by more than a percentage point, warning growth had hit its slowest pace since the global financial crisis.
Turkey’s economic confidence rose more than 20 percent in September, recovering from a six-month low hit in August, data from the Turkish Statistics Institute (TÜİK) showed on Sept. 29
Senior Turkish officials have criticized the cut to Turkey’s sovereign credit rating by ratings agency Moody’s, claiming that the move is “biased” and does not reflect the realities of Turkey’s macro indicators
Turkey has dropped four places to 55th from among 138 countries in the World Bank’s latest Global Competitiveness Index.
WASHINGTON - Agence France-Presse
With spats over Apple and Deutsche Bank and squabbles about Airbus and Boeing, approaching elections on both sides of the Atlantic are exacerbating strains in U.S.-European economic relations
ANKARA - Reuters
Turkeish Finance Minister Ağbal vows structural measures after Moody’s downgrade. The minister sees growth below 4 percent this year before a better 2017. Strengthening rule of law is critical, he says
Moody's cut Turkey's sovereign debt rating by one notch to the speculative or "junk" level of "Ba1" on Sept. 23, saying the country's finances have weakened amid increased political turmoil
ANKARA - Anadolu Agency
U.K.-based satellite communications company Inmarsat and Turkey’s satellite operator TurkSat have signed a partnership agreement to collaborate in the satellite service, maritime communication, defense and aerospace sectors.
Turkey’s official growth target of 4.5 percent this year could be revised downward in the medium-term economic program, mainly due to security concerns and the failed coup attempt of July 15, Turkish Deputy Prime Minister Mehmet Şimşek has said
British Foreign Secretary Boris Johnson said he hoped for a “jumbo” new free trade deal with Turkey after the United Kingdom leaves the European Union, praising the quality of Turkey-made products - including his washing machine at home.
Turkey is making good progress on plans to produce a new domestic car model, Industry Minister Faruk Özlü said on Sept. 23