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Tuesday, September 13 2011 , Your time is 15:58:00
Turkey received over $4.9 billion in net foreign direct investment (FDI) during the first half of 2017, with the European Union being the top investor again, Economy Ministry data released on Aug. 22 revealed.
Credit rating agency Fitch has upgraded Greece’s debt by a notc, citing what it called an improving outlook and amid expectations the country’s debt sustainability will steadily improve.
Top Turkish and Russian economy officials are set to discuss key economic, political, technical and trade issues at an international fair in the Aegean city of İzmir, which will start on Aug. 18 and last until Aug. 27.
LONDON – Reuters
Brexit minister David Davis called on the European Union on Aug. 20 to relax its position that the two sides must first make progress on a divorce settlement before moving on to discussing future relations.
Ankara and Berlin remain split on many subjects and an expansion of the customs union deal between the European Union and Turkey will not be on the agenda in the near future, German Chancellor Angela Merkel has stated.
NEW DELHI – Agence France-Presse
India has drawn up a shopping list for tens of billions of dollars of foreign fighter jets, armored vehicles, submarines and helicopters but it will only sign the cheques if they are made in India.
As the United States, Canada and Mexico kick off negotiations on Aug. 16 to modernize the North American Free Trade Agreement, the biggest uncertainty is whether a deal can pass President Donald Trump’s “America First” test.
As Germany struggles to absorb more than a million migrants from the Middle East and Africa, the government is hoping to avoid the mistakes it made half a century ago when it brought in a generation of guest workers from Turkey.
Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection on Aug. 15 after key shareholder Etihad Airways withdrew funding following years of losses, leaving valuable runway slots up for grabs.
WASHINGTON – Reuters
In the opening NAFTA session of talks, the United States did not give precise details of how much it wanted to boost North American content for autos, a source directly familiar with the negotiations said on Aug. 19.
Britain’s unemployment rate has struck a new 44-year low, official data showed on Aug. 16, as the uncertainty of Brexit boosts temporary hirings.The rate dipped to 4.4 percent in the three months to June to record the lowest level since 1975, the Office for National Statistics (ONS) said in a statement. It had stood at 4.5 percent in the quarter to May.
A weeklong Turkish Food festival has begun on in Pakistan’s capital Islamabad.
China’s massive debt is on a “dangerous” path, raising the risk of a sharp slowdown in growth, the International Monetary Fund warned on Aug. 15, urging Beijing to speed up structural reforms.