Tag archive for ‘economy’
CENTRAL BANK TURKEY
By admin On Thursday, September 11th, 2014
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Başçı: Turkey’s high inflation will start falling when high food prices stabilise

Central Bank of Turkey (CBOT) Governor Erdem Basci said, country’s high inflation would start falling when high food prices stabilise, fuelled by drought, which affected agricultural crop negatively. Basci More...

SNOWDEN
By admin On Saturday, September 6th, 2014
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Snowden leaked document shows US plan to spy on businesses

An intelligence document provided by former government contractor Edward Snowden shows US had plans to spy on foreign businesses to prevent losing its economic prowess to other countries. It is understood that More...

ISTIKLAL-STREET
By admin On Wednesday, September 3rd, 2014
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Turkey: Household expenditures have the highest share in family budgets

In spite of statements Turkey has taken a big step towards becoming the 10th biggest economy in the world by 2023, reports show that Turks have to struggle to pay their rents in the first place. Turkey’s More...

UKRAINE MOODYS
By admin On Saturday, April 5th, 2014
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Moody’s downgrades Ukraine to ‘default imminent’

Moody’s Investors Service has downgraded Ukraine’s government bond rating one notch from Caa2 to Caa3, citing the current political crisis and deepening economic instability as reasons for its negative More...

INFLATION
By admin On Thursday, April 3rd, 2014
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Report: Turkey’s Consumer Price Index, March 2014

Based on report by Turkish Statistical Institute Consumer Price Index (CPI) increased by 1.13% in March 2014. A rise in general index was realized in CPI (2003=100) on the previous month by 1.13%, on December of More...

TURKEY_FINANCE
By admin On Monday, March 31st, 2014
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Report: Turkey’s Gross Domestic Product, IV. Quarter: October-December, 2013

Gross Domestic Product (GDP) began to be published according to the NACE Rev.2 classification. Gross Domestic Product (GDP) at current and constant prices, estimated by using “Statistical Classification of Economic More...

SEMIHA ÜNAL
By admin On Wednesday, March 26th, 2014
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Business Article: Taking over or merging with a company in Turkey (by Semiha Unal)

When you start a doing business in Turkey it can be for organic or inorganic growth of your company activities. With organic growth you are expanding your business channel by means of finding a Turkish partner in More...

TURKISH PRESS
By admin On Wednesday, March 26th, 2014
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News Scan – March 26th: UN urges Turkey, Syria to refrain from further military actions

UN urges Turkey, Syria to refrain from further military actions The United Nations urged Turkey and Syria to avoid taking steps that could increase tensions along the Turkish-Syrian border, saying abrupt acts may More...

TURKEY EXPORTS IMPORTS
By admin On Friday, March 14th, 2014
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Report: Turkey’s Foreign Trade Indices, January 2014

Down below are Turkey’s Foreign Trade Indices for January 2014 as reported by Statistics Institute The overall export unit value index decreased by 1.3% As compared with the corresponding month of the preceding More...

OPINION1
By admin On Tuesday, March 11th, 2014
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Article Scan – March 11th: Erdoğan disowns trials that helped him tame military

Turkish Leader Disowns Trials That Helped Him Tame Military (By TIM ARANGOFEB) A series of sensational trials that shook the Turkish military in recent years achieved what many regard as the most important legacy More...

TURKISH PRESS
By admin On Monday, March 3rd, 2014
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News Scan, 03rd March: Turkey deserves clean politics, says prominent businessman Mustafa Koç

Turkey deserves clean politics, says prominent businessman Mustafa Koç Mustafa Koç, Chair of the Executive Committee of Koç Holding, has told daily Hürriyet that Turkey and its people deserve the highest standards More...

NEMRUT_KERVANSARAY_HOTEL
By admin On Tuesday, February 18th, 2014
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Nemrut Mountain and Kervansaray Hotel

NEMRUT KERVANSARAY HOTEL During the tourist season many people visit the famous grave monument of King Antiochos I on Nemrut Dag. Not only are these world famous statues irresistible but the beautiful sunsets and More...

TURKISH PRESS
By admin On Friday, February 7th, 2014
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News Scan, 7th Feb: Opposition accuses gov’t of trying to block graft probe with new bill

Opposition accuses gov’t of trying to block graft probe with new bill A draft bill for a judicial package submitted with fanfare by the ruling Justice and Development Party (AK Party), on Thursday to Parliament More...

UKRAINE PRESIDENT
By admin On Tuesday, February 4th, 2014
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Opposition in Ukraine try to change constitution to limit powers of President

Ukraine’s MPs are continuing crisis talks to try to change the constitution – a move aimed at curtailing the powers of President Viktor Yanukovych. This is a key demand by the opposition, who has warned More...

EXPORT TURKEY
By admin On Friday, January 31st, 2014
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News Scan, 31st Jan: Trade gap widens to $100 bln in 2013 as exports fall

Trade gap widens to $100 bln in 2013 as exports fall Turkey’s 2013 foreign trade deficit increased 18.7 percent from the previous year to $99.8 billion due to a significant decrease in exports, the Turkish More...

TURKISH PRESS
By admin On Thursday, January 30th, 2014
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News Scan, 30th Jan: Hollande voices start of new economic era between Turkey & France

Hollande visit heralds a new era in Turkish-French business ties A new chapter of revitalized trade and business ties is set to open between Turkey and France with French President François Holland’s official More...

TURKISH PRESS
By admin On Monday, January 27th, 2014
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News Scan, 27th Jan: French President says EU can help Turkey to transform

EU can help Turkey to transform:  French President Hollande French President Francois Hollande expressed his belief that the EU can help Turkey’s transformation thanks to its ongoing accession process, and underlined More...

TURKISH PRESS
By admin On Saturday, January 25th, 2014
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News Scan, 25th Jan:Turkish Deputy PM says fluctuations in markets temporary

Fluctuations in markets temporary: Turkish Deputy PM The developments in global markets are the real reason behind the Turkish Lira’s decline, Deputy Prime Minister Ali Babacan says, adding that the affect of More...

e-commerce-turkey
By admin On Saturday, January 25th, 2014
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Turkish e-commerce market offers brilliant growth prospects

A survey has shown that the e-commerce marketin Turkey is set to grow substantially due to the wide usage levels of broadband internet and considerable growth of the per capita income in between 2002-2012. Turkey More...

ERDOGAN-BRUSSELS
By admin On Saturday, January 25th, 2014
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Article Scan – January 25th: The collapse of Erdoğan’s way

The collapse of Erdoğan’s way (Ihsan YILMAZ) Prime Minister Recep Tayyip Erdoğan has won elections for four major reasons. First, he and his friends proved themselves to be effective and hardworking politicians More...

TURKISH PRESS
By admin On Thursday, January 23rd, 2014
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News Scan, 23rd Jan:Turkish Central Bank intervenes to lift lira from record lows

Turkish Central Bank intervenes to lift lira from record lows The beleaguered Turkish lira recovered from alltime lows on Jan. 23 after the Central Bank intervened in foreign exchange markets directly for the first More...

TURKISH PRESS
By admin On Tuesday, January 21st, 2014
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News Scan, 21st Jan: Foreign investments inflow falls with deepening of political crisis

Foreign investments inflow falls with deepening of political crisis The month of May in 2013 was a critical month both for the world and the Turkish economy. After Dec. 17, 2013, the Turkish economy, in addition More...

TURKISH PRESS
By admin On Friday, January 17th, 2014
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News Scan, 17th Jan: Council of Europe concerned over government’s judicial bill

Council of Europe concerned over government’s ‘hasty’ judicial bill The Council of Europe’s commissioner for human rights has expressed serious concerns over a “hasty” judicial bill under which the government More...

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