Tuesday, September 13 2011 , Your time is 15:58:00
Turkey’s Central Bank cut its mid-point inflation forecast for the end of this year to 5.5 percent from a previous 6.1 percent, governor Erdem Başçı said today.
Gold plays a huge role in Turkish consumers’ lives and the economy, making the country the world’s fourth largest gold consumer, says a new report by the World Gold Council.
TEHRAN – Anadolu Agency
The airline company of Babak Zanjani, an Iranian businessman who is accused of being involved with corruption with former Iranian government officials, has been confiscated by the government
HONG KONG - Agence France-Presse
The euro and European shares and bonds shook off worries yesterday over Greek election winner Syriza’s pledge to take on international lenders, a strong sign of confidence in the ECB’s new money-printing program.
DAVOS - Anadolu Agency
Turkish Deputy Prime Minister Ali Babacan said Turkey would reduce its inflation rate to 5-6 percent due to the decline in oil prices in 2015.
Kayseri – Doğan News Agency
Energy Minister Taner Yıldız said Diyarbakır’s Metropolitan Municipality could not just say they will not pay their debts
Turkey has yet to make an official application for membership of the Eurasian Economic Union (EEU), but it would be welcome to join, Kazakhstan’s ambassador to Turkey has said.
Prime Minister Ahmet Davutoğlu has gathered with leading figures of Turkey’s business world at a dinner on the sidelines of the World Economic Forum in Davos.
ANKARA / DAVOS – Anadolu Agency
Turkey is a net winner from the decline in oil prices, said Deputy Prime Minister Ali Babacan, speaking at the World Economic Forum in Davos on Jan. 22.
Four Turkish cities entered the list of world’s first 10 cities that performed best economically last year while the Macau, the Chinese territory known for casino gambling, ranked first, according to a report released Jan. 22.
The Central Bank should have made a rate cut of at least 1 percent earlier this week, the president’s chief economy adviser, Yiğit Bulut, said late on Jan. 21, criticizing the state lender’s decision to only reduce the rate by 0.5 percent.
RIYADH - Agence France-Presse
Saudi Arabia's new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors, senior officials said on Jan 26
ISTANBUL - Reuters
Turkish President Tayyip Erdogan says the Central Bank’s 50-basis point rate cut is 'insufficient' and securing investment and employment is impossible at current interest rates.
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