economy
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Turkey
Powerful euro single currency bloc to pick new president
The powerful group of countries using Europe’s single currency will choose a new president on Thursday, with three candidates vying…
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Business
2nd wave of virus may leave 80M people unemployed: OECD
OECD says COVID-19 jobs crunch already 10 times worse than 2008 global financial crisis A second wave of the novel…
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Money
EU economy hit by pandemic harder than expected
EU summer economic forecast shows gloomier picture compared to spring projections The coronavirus pandemic hit the European economy harder than…
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Money
IMF says Asia’s economy will shrink ‘for the first time in living memory’ due to the coronavirus
The International Monetary Fund said Asia’s economy is expected to contract by 1.6% this year a downgrade from its previous…
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Business
Gold to perform well in Q3, on track to $2,000 by late-2021 – TD Securities
Gold is likely to have another solid quarter after it wrapped up Q2, up more than 14% since the start…
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Business
Turkey’s annual inflation rate to rise in June: Survey
Economists surveyed by Anadolu Agency project inflation rate to increase by 0.75% Turkey’s annual inflation rate is projected to rise…
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Money
Turkey’s economy in ‘strong recovery period’: President
Turkey’s 4.5% growth in 1st quarter is greatest proof of economy’s power, potential, says Recep Tayyip Erdogan Turkey is in…
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Money
Turk Eximbank gets $430M under World Bank guarantee
Funding shows confidence in Turkey’s economy amid crisis from global pandemic, says Turkish trade minister Turk Eximbank is obtaining €380…
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Money
Europe’s economic sentiment up in June
European Commission says confidence up sharply in both eurozone and across entire EU Following a coronavirus-triggered slowdown, economic confidence rose…
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Business
Turkey: Economic confidence jumps in June
Index increases as country relaxes coronavirus-related restrictions Turkey’s economic confidence index rose sharply to 73.5 in June, the country’s statistical…
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