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Category: Economy

Year on, Ukraine war delivers hefty blow to Turkish builders
Economy

Year on, Ukraine war delivers hefty blow to Turkish builders

February 26, 2023February 26, 2023

One 12 months into Russia’s Ukraine invasion, Turkish contractors have seen their business volumes plunge within the markets the place they used to run billions

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Türkiye expands probe into building collapses after deadly quakes
Economy

Türkiye expands probe into building collapses after deadly quakes

February 26, 2023February 26, 2023

Turkish authorities have widened investigations in relation to buildings that collapsed within the catastrophic earthquakes earlier this month, which flattened swathes of the nation’s southeastern

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Backed by business lobby, Japanese PM urges worker pay hikes
Economy

Backed by business lobby, Japanese PM urges worker pay hikes

February 26, 2023

With backing from a serious business foyer, Prime Minister Fumio Kishida on Sunday stated Japan should unfold the momentum of wage development throughout the nation

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Thousands pour onto streets in Portugal over cost-of-living crisis
Economy

Thousands pour onto streets in Portugal over cost-of-living crisis

February 26, 2023

Thousands marched on the streets of Lisbon on Saturday to protest and demand higher residing requirements, as excessive inflation makes it much more troublesome for

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German economy shrinks more than expected, adds to recession fears
Economy

German economy shrinks more than expected, adds to recession fears

February 24, 2023February 24, 2023

The German financial system shrank greater than anticipated within the final three months of 2022, amid an ongoing vitality disaster and inflation, elevating fears that

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US hits Russia with new sanctions, tariffs on Ukraine war anniversary
Economy

US hits Russia with new sanctions, tariffs on Ukraine war anniversary

February 24, 2023February 24, 2023

Marking the primary anniversary of Russia’s invasion of Ukraine, the U.S. on Friday introduced a brand new spherical of sweeping sanctions in opposition to Moscow

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Türkiye issues quake rebuild rules as new housing construction starts
Economy

Türkiye issues quake rebuild rules as new housing construction starts

February 24, 2023February 24, 2023

Türkiye issued rules for earthquake rebuilding work within the southeastern area as the federal government focuses on constructing new houses for the tens of millions

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Expanding Ukraine grain deal hinges on land control: Major exporter
Economy

Expanding Ukraine grain deal hinges on land control: Major exporter

February 24, 2023February 24, 2023

It is impractical to increase the Black Sea grain hall to Mykolaiv ports with out Ukraine first regaining management of a slim strip of land

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BASF Plans To Cut 2,600 Jobs | TR Daily News
Economy

BASF Plans To Cut 2,600 Jobs | TR Daily News

February 24, 2023February 24, 2023

There are additionally cuts on the Ludwigshafen website. According to its personal statements, the world’s largest chemical firm BASF needs to chop 2,600 jobs worldwide.

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EBRD, employees raise over 5,000 for Türkiye’s quake victims
Economy

EBRD, employees raise over $795,000 for Türkiye’s quake victims

February 24, 2023February 24, 2023

The European Bank for Reconstruction and Development (EBRD) and its employees have pledged to donate 750,000 euros (about $795,000) to earthquake victims in southern Türkiye

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