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Tuesday, September 13 2011 , Your time is 15:58:00
The Treasury has completed technical works to issue “gold bonds and gold-based lease certificates” by the end of the year, in an attempt to lure tons of “under-the-pillow” gold back into the economy, Deputy Prime Minister Mehmet Şimşek has said.
Turkey’s foreign trade deficit soared 49.5 percent in May due to a sharp increase in gold imports despite robust car exports, preliminary data from the Customs and Trade Ministry showed on June 2
The Turkish government has collected 21 billion Turkish Liras ($5.9 billion) in line with the latest debt and tax restructuring plan, a top official has said, adding that a fresh system would slash the need for another restructuring plan
British oil company BP expects to sign a contract at the end of June extending its production sharing deal for Azerbaijan’s biggest oilfields until 2050, the company’s regional head said on May 31
Fitch ratings agency has increased its national long-term rating on İzmir, the third largest province in Turkey on the Aegean coast, to its top grading “AAA” from the current “AA+” with a stable outlook.
Russian President Vladimir Putin has lifted restrictions on operations of Turkish companies in Russia and the ban on the employment of Turkish nationals in the Russian Federation, the TASS news agency has reported
A number of parts of buildings on the Galatasaray Islet in Istanbul’s Bosphorus were demolished early on May 28, after the rejection of an evacuation order by one of its tenants
NEW DELHI - Reuters
India’s gross domestic product data produced another shock on May 31 as economic growth unexpectedly slumped to its lowest in more than two years in the March quarter, stripping the country of its status as the world’s fastest growing major economy.
The Turkish Football Federation (TFF) announced that the word “arena” had been removed from the names of all stadiums in the country on May 27, state-run Anadolu Agency has reported
Turkey’s foreign trade deficit rose to 4.95 billion in April with a 16.7 percent year-on-year increase, official data showed on May 31
High interest rates are a tool of exploitation, President Recep Tayyip Erdoğan said on May 24, adding that he would ensure the issue is kept on the agenda
Turkey’s banking sector is resilient against interest and exchange rate risks and its equity is above the level required to cover possible trouble, the Central Bank stated in its latest financial stability report on May 30.
Russia is in contact with Turkey after Ankara imposed restrictions on Russian wheat supplies, Kremlin spokesman Dmitry Peskov told reporters on May 24, Reuters has reported