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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.
Rolls-Royce and Sanmar Shipyards in Turkey have signed a contract for the delivery of eight MTU Series 4000 engines for four new terminal tugs, including an option for a further four engines, Rolls-Royce said in a statement on Aug. 15.
Trade tensions between the United States and China heated up on Aug. 15 as Beijing warned that it “will not sit idle” if a U.S. probe into its intellectual property practices leads to sanctions.
ANKARA - Anadolu Agency
The short-term foreign debt held by Turkey’s private sector increased by $2 billion at the end of June from the end of 2016, the country’s central bank announced on Aug. 16.
LONDON - Reuters
One of the most vocal pro-Brexit campaign groups launched a campaign on Aug. 14 to oust finance minister Philip Hammond from parliament, saying he is part of a plot to stop Britain leaving the European Union.
Turkey’s Unit International has signed a $7 billion agreement with Russia’s state-owned Zarubezhneft and Iran’s Ghadir Investment Holding to drill for oil and natural gas in Iran, the company said on Aug. 15.
TOKYO - Agence France-Presse
Japan’s economy grew 1 percent in the April-June period, notching up its sixth straight quarter of growth and its longest economic expansion in over a decade, government data showed on Aug. 14.
Turkey ran a budget deficit of 24.3 billion Turkish liras (nearly $6.7 billion) in the first seven months of 2017, Finance Minister Naci Ağbal said on Aug. 15.
LONDON - Agence France-Presse
After weeks of feuding, two key figures in Britain’s cabinet came together to say any post-Brexit transition would not be a “back door” to continued European Union membership.
Britain has said it wants an interim customs agreement with the European Union after Brexit to allow the freest possible trade of goods, but that it will also seek the right to negotiate other trade deals -- a possible sticking point in the talks.
Top Turkish officials have lashed out at the banking industry, calling for lenders to slash interest rates and contribute to the economy.
Strong household spending, rising state expenditure and higher company investments consolidated Germany’s role as the eurozone growth engine in the second quarter, although accelerating imports meant growth came in just below expectations.
Sefer Levent - ISTANBUL
The state-run energy giant Botaş has been revealed to be Turkey’s biggest taxpayer