Category: TAHA AKYOL
Turkey is facing a new crisis in the Middle East: The crisis between Qatar and four Arab states that want to oppress it. The four Arab states are Saudi Arabia, Egypt, Bahrain and the United Arab Emirates (UAE), but they have supporters.
The International Monetary Fund on June 27 cut its growth forecasts for the U.S. economy to 2.1 percent for both 2017 and 2018, dropping its assumption that President Donald Trump’s tax cut and fiscal spending plans would boost growth.
Category: GÜVEN SAK
“People who love sausage and people who believe in justice should never watch either of them being made.” So said Otto von Bismarck, the great German statesman of the 19th century, according to legend.
Category: MUSTAFA AYDIN
Former German Chancellor and statesman Helmut Kohl, the longest-serving postwar Western leader, died at the age of 87 on June 16.
Eurozone governments threw Greece another 11th-hour credit lifeline on on June 15 worth $9.5 billion and sketched new detail on possible debt relief as the International Monetary Fund (IMF) finally offered to help out after two years of hesitation.
Category: GÜLSE BİRSEL
So this is what happened: we are going to shoot a movie in the summer, so I won’t have time to have a holiday, so I thought about going to Kemer on the Mediterranean coast.
Category: ARIANA FERENTINOU
For Greece, last week was a bad week. First, the government could not secure an agreement on a relief of its huge debt in a meeting with finance ministers of the Eurozone and the IMF on May 22.
Greece told its EU-IMF creditors on May 21 there should be “no excuse” for delays to debt relief payments now that Athens has “fulfilled its obligations” with new austerity cuts.
The Greek parliament late May 18 adopted a new round of austerity cuts which the government hopes will secure a pledge of debt relief and loan disbursements by EU-IMF creditors this month.
The leaders of Turkey, Russia and China will meet in Beijing this coming weekend for a groundbreaking summit to promote trade along the Silk Road
Category: BARÇIN YİNANÇ
India is a country which is among the fastest growing countries in the world. The IMF and the World Bank forecast more than 7 percent annual growth for the next few years. With a population of 1.3 billion, which is set to pass China by 2050, it is a country that has gone to space and is a rising naval power with a nuclear submarine.
The International Monetary Fund called on Asian economies to learn from Japan’s experience and act early to cope with rapidly ageing populations, warning that parts of the region risk “getting old before becoming rich.”
Greece has reached a preliminary deal with its creditors that should pave the way for long-awaited debt relief talks, the Greek finance minister said on May 2.
Oil-exporting Arab states of the Gulf are heading “in the right direction” to plug budgetary gaps thanks to fiscal reforms, but more change is still necessary, the International Monetary Fund said on May 2.
He has been admired and criticized, even ridiculed, like few other public figures in Greece; he returned to Greece from various academic posts abroad to become an economic advisor to then- Prime Minister George Papandreou at the beginning of the Greek financial crisis in 2004; yet he eventually turned into a harsh critic of his policies
Greek trade unions marked May Day with a 24-hour nationwide strike and protests against looming new cuts demanded by the country’s creditors in return for bailout cash.
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.
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
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
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