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Coronavirus could spark a financial crisis for struggling countries, Singapore’s trade minister warns
Many countries are now “fiscally challenged,” with few having the headroom to deploy monetary policy as rates are currently so…
Read More » - Business
Low oil prices drag Middle East economies to collapse
Low prices seriously threatening most MENA oil producing countries who need higher prices to balance budgets The low oil price…
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Turkey’s Arcelik suspends production in 4 countries
Durable consumer goods maker temporary halts activities in Pakistan, Bangladesh, South Africa and Russia Turkish durable consumer goods producer Arcelik…
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UN urges $2.5 trillion to support developing countries
UN trade and development body says COVID-19 crisis sent economic shockwaves more dramatic than 2008 financial crisis The UN trade…
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World Bank, IMF seek debt relief for poor countries
Financial institutions urge creditors to suspend debt payments of world’s poorest countries The World Bank Group (WBG) and the International…
Read More » - Turkiye
Turkey halts flights to 46 more countries over COVID-19
To help curb spread of coronavirus, Turkey stops flights to 68 countries in total, says Transport and Infrastructure Ministry Turkey…
Read More » - Technology
Microsoft coordinated with 35 countries to takedown Necurs, one of the largest spam and malware botnets
Microsoft and partners in 35 countries move to bring down Necurs, today’s largest malware botnet. Microsoft announced today a coordinated…
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Turkey grants visa-free travel to eleven countries
Turkey will provide visa-free travel to eleven European countries, according to a presidential decree on March 2. The visa exemption…
Read More » - Istanbul
Turkey to allow visa-free travel for 6 European countries
Citizens of six more European countries will be able to travel to Turkey without a visa starting next month, a…
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Turkish honey sweetens mouths in 45 countries
Turkey exported honey to 45 different countries in 2019, including Germany, the U.S., Saudi Arabia, Kuwait and Oman. Turkey earned…
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