Global economy
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Turkiye: Ministry aims to increase exports to ‘distant countries’ to $80 billion
As part of its “distant countries strategy,” the Trade Ministry has put 18 nations, including China, Australia, Brazil and Japan,…
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Global AI investments could hit $200 billion by 2025 and have bigger impact on economy
Widespread adoption is expected in the second half of the decade, Goldman Sachs says Global artificial intelligence investments are projected…
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Minister of Trade Bolat: Our exports reached $2 billion 121 million with a daily historical record on June 23
Minister of Trade Omer Bolat stated that exports were realized at the level of $2 billion 121 million with a…
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US crypto firm Ripple targets Middle East with cross-border payment solutions
The global cross-border payments market is estimated at $156 trillion, says TradingPlatforms.com US-based crypto firm Ripple is actively developing cryptocurrency…
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OECD raises Turkiye’s growth forecast to 3.6%
The Organization for Economic Cooperation and Development (OECD) raised its global economic growth forecast from 2.6% to 2.7% and its…
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World Bank raises growth expectations for Turkish economy
While the World Bank predicted the growth forecast for the Turkish economy as 2.7% at the beginning of the year,…
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Billionaire Turkish family unveils first major London IPO in 2023
An industrial materials maker controlled by a billionaire Turkish family is set to launch the FTSE’s first major IPO this…
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Turkiye: White goods sales up 27 pct in April
White goods sales in Turkiye have increased by 27 percent in April from a year ago but the industry’s exports…
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Commodity prices plunge owing to rising global risk perception
Prices of silver down 6.6%, cotton 4.2%, coffee 2.9%, platinum 0.8%, sugar 0.5%, and gold 0.3% last week The risk…
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Raising interest rates to combat high inflation endangers global economy
Current economic recession worries are driven by COVID-19 pandemic, high inflation, Russia-Ukraine war and high fuel prices, says economist The…
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