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Category: Economy

Europe ends bad inflation year with some relief but costs still high
Economy

Europe ends bad inflation year with some relief but costs still high

January 6, 2023January 6, 2023

Price positive aspects in Europe eased once more in December, bringing some aid for the continent that ended a foul 12 months for inflation. While

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Turkish mergers, acquisitions, privatizations total .6B in 2022
Economy

Turkish mergers, acquisitions, privatizations total $4.6B in 2022

January 6, 2023January 6, 2023

Mergers and acquisitions in Türkiye totaled TL 86.2 billion ($4.59 billion) in 2022, the nation’s competitors watchdog mentioned Friday. The general determine included seven privatization

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Global food prices hit record high in 2022 despite December ease
Economy

Global food prices hit record high in 2022 despite December ease

January 6, 2023January 6, 2023

World meals costs eased in December marking the ninth consecutive month-to-month fall, however gained greater than 14% in 2022 in comparison with the earlier yr,

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As travel resumes, China’s luxury shoppers ask: Paris or Hainan?
Economy

As travel resumes, China’s luxury shoppers ask: Paris or Hainan?

January 5, 2023January 5, 2023

An finish to China’s journey curbs this month is anticipated to revive demand within the world luxurious retail market, which has been starved of mainland

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Why has Syria’s economic crisis hit a new low?
Economy

Why has Syria’s economic crisis hit a new low?

January 5, 2023January 5, 2023

Syria’s financial system has hit its lowest level because the begin of its civil conflict almost 12 years in the past, with spiraling inflation, a

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China services activity logs 4th consecutive contraction amid reopening hopes
Economy

China services activity logs 4th consecutive contraction amid reopening hopes

January 5, 2023January 5, 2023

China’s service sector shrank for the fourth consecutive month in December as the continued measures to include COVID-19 disrupted operations and hampered demand. At 48.0,

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Türkiye hikes wages of active, retired civil servants by 30%: Erdoğan
Economy

Türkiye hikes wages of active, retired civil servants by 30%: Erdoğan

January 4, 2023January 4, 2023

President Recep Tayyip Erdoğan on Wednesday revised upward the rise in wages for energetic and retired civil servants to 30% for the primary half of

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Optimism grows over greater cooperation after Türkiye-Saudi Arabia thaw
Economy

Optimism grows over greater cooperation after Türkiye-Saudi Arabia thaw

January 4, 2023January 4, 2023

The current momentum of joint efforts is encouraging optimism for a rise within the commerce quantity and investments between Türkiye and Saudi Arabia, as they

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China, Ecuador set to sign free trade agreement
Economy

China, Ecuador set to sign free trade agreement

January 4, 2023January 4, 2023

China and Ecuador will signal a free commerce settlement after virtually a 12 months of negotiations, Ecuador’s president stated Tuesday, with the deal anticipated to

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Homeownership drive: Türkiye unveils campaign for mid-income citizens
Economy

Homeownership drive: Türkiye unveils campaign for mid-income citizens

January 4, 2023January 4, 2023

Türkiye on Wednesday introduced particulars of a brand new marketing campaign for middle-income residents searching for reasonably priced housing, months after it unveiled its greatest

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