With fears rising that the Trump administration will follow through on its threats to raise trade barriers, world finance ministers are united on one message: protectionism threatens the global economy.
Narrowing the gap between rich and poor is key to avoiding a destructive rise in populism, German Finance Minister Wolfgang Schaeuble said on April 22 as he laid out a plan to boost private investment in Africa.
Deputy Prime Minister Mehmet Şimşek has sought to ease concerns over Turkey’s democratic rule in the post-referendum era, claiming that the country “is not turning into an authoritarian regime” in a meeting with senior representatives from leading Western companies in Washington, D.C
Category: VERDA ÖZER
President Recep Tayyip Erdoğan had declared that he would put Turkey’s EU membership process to vote in case the “yes” campaign won the April 16 referendum on Turkey’s shift from a parliamentary system to a presidency
As the global recovery gathers pace, the International Monetary Fund is turning up the volume on its call for wealthy countries to address popular anger over the impact of globalization and head off the threat of protectionism.
World finance leaders have gathered on U.S. President Donald Trump’s home turf on April 20 to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration.
The International Monetary Fund will be “mistaken again” in its growth forecasts for Turkey, a top Turkish official has stated, after the IMF recently revised down its growth outlook for the country due to political uncertainty, security concerns and the loss in the lira’s value.
Category: TAHA AKYOL
I review readers’ messages as a sociological study to understand how different segments of society think.
The chiefs of the IMF, WTO and OECD vowed on April 11 in a joint statement to defend free trade against creeping protectionist trends, amid growing global alarm over U.S. President Donald Trump’s “America First” call.
Greece agreed on a fresh set of reforms with its eurozone creditors on April 7 with hopes that Athens could unlock bailout cash in time to avert a debt default just months away.
Turkey is taking steps to give its Central Bank the right of first refusal on domestically produced gold, two sources said, allowing it to boost reserves of the precious metal without depleting foreign currency holdings.
The International Monetary Fund has decided to release the next $1 billion loan payment to Ukraine, which had been postponed following the blockade imposed on the separatist east of the country, the Ukrainian president said on April 3.
Greece will support a declaration marking the European Union’s 60th birthday but needs the bloc’s backing against International Monetary Fund demands on labor reforms, Greek Prime Minister Alexis Tsipras said ahead of a Summit in Rome on March 24.
A letter bomb exploded March 16 at the French office of the International Monetary Fund (IMF), lightly injuring one person, according to Paris police
Greece must not be granted a “bail in” that would involve creditors taking a loss on their loans, Germany’s deputy finance minister said in an interview broadcast on Feb. 26, reiterating the German government’s opposition to debt relief for Athens.
In a not so subtle jab at European officials and their dealings with Greece, the IMF on Feb. 23 issued a warning against pretending that “unpayable debts” can be repaid.
Greece and its European creditors agreed on Feb. 20 to resume talks on what reforms the country must make next in order to get the money it needs to avoid bankruptcy and a potential exit from the euro.
The International Monetary Fund is doing the best it can to agree on bailout loans for Greece but cannot compromise its principles and cut a sweetheart deal for the country, IMF Managing Director Christine Lagarde said on Feb. 13.
International Monetary Fund chief Christine Lagarde on Feb. 12 voiced optimism for U.S. economic growth under President Donald Trump but warned it could herald trouble for the rest of the world.
Greek Prime Minister Alexis Tsipras said on Feb. 11 he believed the country’s drawn-out bailout review would be completed positively but repeated that Athens would not accept “illogical” demands by its lenders.
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