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Tuesday, September 13 2011 , Your time is 15:58:00
U.S. President Donald Trump proposed on Sept. 27 the biggest U.S. tax overhaul in three decades, calling for tax cuts for most Americans, but prompting criticism that the plan favors business and the rich and could add trillions of dollars to the deficit.
ISTANBUL - Anadolu Agency
An update of the customs unions agreement with the European Union will be beneficial for ties between Turkey and the EU, Economy Minister Nihat Zeybekci said on Sept. 27.
The richest top 20 percent of society in Turkey received 47.2 percent of total income in 2016, marking a slight increase from the previous year, according to Turkish Statistical Institute (TÜİK) figures.
The government has unveiled its new medium-term economic program, including a series of ambitious targets in growth, jobs, inflation, and national income per capita.
The number of newly established companies in Turkey soared by 47.46 percent year-on-year to reach 6,593 in August, the Turkish Union of Chambers and Commodity Exchanges (TOBB) said in a report released on Sept. 18.
Turkey will offer subsidies to A-group tourism operators of cruise ships bringing foreign tourists into the country in a bid to bolster visitor numbers which have fallen sharply due to a series of bomb attacks of 2016.
Ali Kayalar - ISTANBUL
The precious stones trade between Turkey and Israel took off after business meetings, says Consul General to Istanbul Cohen
ANKARA - Anadolu Agency
Turkey aims to hit annual economic growth of 5.5 percent until 2020 in its medium-term economic program, Prime Minister Binali Yıldırım said on Sept. 25.
NEW YORK/ANKARA – Anadolu Agency
A new Manhattan-based Turkish Trade Center is set to open on Sept. 21, Turkish Economy Minister Nihat Zeybekci has said.
Turkey’s Central Bank expects economic growth to remain robust in the third quarter following a 5.1 percent growth rate in the second quarter.
U.S. tech titans Apple and Dell have joined a bid to buy Toshiba’s memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the US investor leading the consortium has said.
The U.S. dollar rose sharply against the Turkish Lira late on Sept. 20 after the Federal Reserve unveiled plans to wind down its crisis-era stimulus and hinted at another interest rate hike before the end of the year.
LONDON – Reuters
British Foreign Secretary Boris Johnson has set out his plans for a “glorious” Brexit, angering colleagues and reigniting speculation he would challenge Prime Minister Theresa May for the leadership of the Conservative party.