Global debt hits new record of $305T in Q1 1

19/05/2022

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Global debt hits new record of $305T in Q1

Led by China, US, global debt rises by $3.3T year-on-year Global debt hit a new record of $305 trillion in…

Turkiye's budget balance sees $1.4B deficit in January-April 2

16/05/2022

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Turkiye’s budget balance sees $1.4B deficit in January-April

Excluding interest payments, budget balance posts surplus of $6B The Turkish central government’s budget balance posted a deficit of 19.36…

Global FDI flows soar 37% above pre-pandemic levels: OECD 3

01/05/2022

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Global FDI flows soar 37% above pre-pandemic levels: OECD

Foreign direct investment hits $1.8T last year, outlook remains uncertain due to geopolitical tensions, OECD says Global foreign direct investment…

ECB policymakers are reportedly keen for a quick end to bond buys, early rate hike 4

24/04/2022

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ECB policymakers are reportedly keen for a quick end to bond buys, early rate hike

European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment.The ECB also wants…

Eurozone annual inflation rate rises to 7.4% in March 5

21/04/2022

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Eurozone annual inflation rate rises to 7.4% in March

Inflation soars from 1.3% in March 2021 in euro area Eurozone annual inflation rate was at 7.4% in March, up…

Central banks should act decisively against inflation, says IMF 6

20/04/2022

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Central banks should act decisively against inflation, says IMF

New geopolitical reality complicates central banks’ work, says global body The IMF on Tuesday said central banks around the world…

EBRD launches €500M financing facility to support green transition in Turkiye 7

19/04/2022

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EBRD launches €500M financing facility to support green transition in Turkiye

Facility is in response to Turkiye’s ambitious new climate targets that require sharp increases in green investments, bank official says…

Turkiye's external assets total $288.1B at end of February 8

18/04/2022

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Turkiye’s external assets total $288.1B at end of February

Gap between assets abroad, liabilities narrowed to minus $224B, official data shows Turkiye’s external assets were worth $288.1 billion in…

Turkiye’s short-term external debt stock reaches $130.5B in Feb 9

16/04/2022

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Turkiye’s short-term external debt stock reaches $130.5B in Feb

Both banks, other sectors’ short-term debt see increases Turkiye’s short-term external debt stock totaled $130.5 billion as of the end…

US budget deficit reaches $193B in March 10

13/04/2022

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US budget deficit reaches $193B in March

Total income stands at $315B versus $508B in expenditure The US federal budget deficit amounted to $193 billion in March,…