CORONAVIRUS
- Markets
China’s economy records slowest growth since the start of 2020
China’s economy has recorded its worst quarterly performance in over two years, after months of harsh Covid lockdowns wreaked havoc…
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China’s exports jump 17.9% in June
Imports rise at slower pace, up 1% from year ago, customs data shows China’s exports grew 17.9% year-on-year in June,…
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IMF, World Bank annual meetings to take place in person this year
Institutions say they will continue to monitor global health situation The International Monetary Fund (IMF) and the World Bank Group’s…
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China unveils more plans to spur car demand
China on Thursday announced a raft of new steps to spur consumer demand for cars, saying it would consider extending…
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Coronavirus pandemic increased global use of digital payments: World Bank
Adults making digital payments in developing economies grew from 35% in 2014 to 57% in 2021 The coronavirus pandemic increased…
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Airbnb permanently ban parties globally
Company says annual rate of party reports has fallen 44% since temporary ban put in place almost 2 years ago…
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Recycling industry holds promise for Turkiye
Turkiye’s plastic waste imports total $127.7M in 2020, while exports of recycled products total $1.21B, says Fatih Eren There will…
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Central banks struggle to tame high inflation
Fed, Bank of England raise interest rates; European Central Bank, Bank of Japan keep rates unchanged Central banks are looking…
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Raw material costs for electric vehicles have doubled during the pandemic
Raw material costs for electric vehicles more than doubled during the coronavirus pandemic, according to a new report Wednesday by…
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World-class hotel, restaurant brands vying for spot in Bodrum, Turkiye
Mayor Ahmet Aras expects to host 1.5 million foreign tourists this year in Mediterranean tourist hub Bodrum The Turkish resort…
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