Sri Lanka’s authorities mentioned Tuesday it was banning strikes in a number of key sectors, a day forward of a deliberate one-day nationwide stoppage referred
Category: Economy
China’s urban employment sees rare decline due to COVID-19 curbs
China’s city employment skilled a decline in 2022 for the primary time in 60 years, and there was additionally an uncommon lower in per capita
Turkish economy logs better-than-expected 5.6% growth in 2022
Türkiye’s financial system expanded by 5.6% in 2022, official knowledge confirmed Tuesday, clinching a better-than-expected efficiency in a 12 months marked by vital challenges. The
World Bank supports bankrupt Sri Lanka’s private banks
The World Bank lent $400 million to finance imports of important meals and medicines with an International Monetary Fund (IMF) bailout to 3 personal banks
Massive quakes caused $34.2B damage to Türkiye: World Bank
The two main earthquakes which hit Türkiye on Feb. 6 prompted about $34.2 billion in direct bodily injury, however whole reconstruction and restoration prices going
PM Sunak, EU chief reach Brexit deal over N. Ireland trade
The European Union and the U.Ok. reached a deal on a vital revamp of commerce guidelines in Northern Ireland, in a groundbreaking growth aimed toward
Türkiye’s trade deficit rises over 38% to $14.2B in January
Türkiye’s international commerce deficit widened 38.4% year-over-year to $14.24 billion (TL 268.94 billion) in January, official information confirmed Monday. Exports within the first month of
‘Life goes on’: Factories, shops reopen after deadly Türkiye quakes
Factories in southeastern Türkiye are slowly resuming manufacturing, and retailers are reopening because the area tries to emerge from the catastrophic earthquakes that struck some
Turkish economic confidence falls slightly in February after quakes
Economic confidence in Türkiye dropped barely in February, official information confirmed Monday, following devastating earthquakes that jolted the nation’s southeastern area. The financial confidence index
Turkish economy likely grew 5.2% in 2022; quakes curb 2023 outlook
Türkiye’s economic system, projected to have expanded by greater than 5% in 2022 in response to surveys, is strong however is considerably weaker when it