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Changing conditions transform Turkey’s economic picture in 2008
Following years of liquidity flood, the global economy in 2008 faced a credit crunch that originated in developed countries and spread to emerging markets; the effects of which will surely have negative consequences going well into 2009.
Forum talks local but thinks global
ANTALYA - Businessmen from the southern cities of Turkey come together in Antalya to define the agenda of the forthcoming Commerce and Industry Forum. Discussions about regional problems and global economic crisis will be the main subjects at the fifth edition of the forum.
Turkey’s growth forecast gets a shave from OECD
ISTANBUL - The ’twin troubles’ of diminishing domestic demand and the global financial turmoil will hit Turkey hard, the Organization for Economic Cooperation and Development says. In a report released yesterday, the organization estimates the economy may grow only 1.6 percent next year
Turkey's growth forecast gets a shave from OECD
ISTANBUL - The 'twin troubles' of diminishing domestic demand and the global financial turmoil will hit Turkey hard, the Organization for Economic Cooperation and Development says. In a report released yesterday, the organization estimates the economy may grow only 1.6 percent next year
Warren Buffett to pump $3 billion for General Electric preferred stock
Warren Buffett's Berkshire Hathaway Inc. is pumping $3 billion into General Electric (GE) as part of a $15 billion fundraising effort by the industrial conglomerate, anxious to calm nerves about the health of its financial services arm.
Warren Buffett to pump $3 billion for General Electric preferred stock
Warren Buffett's Berkshire Hathaway Inc. is pumping $3 billion into General Electric (GE) as part of a $15 billion fundraising effort by the industrial conglomerate, anxious to calm nerves about the health of its financial services arm.
Turk gov't prepares for a new social security amnesty worth $18.7 bln
Turkish Labor and Social Security Minister Faruk Celik said on Thursday that the government is preparing an amnesty to restructure the premium debts of employers worth 23.4 billion YTL ($18.7 billion) due to the Social Security Institution (SSK) and the Occupational Pension Fund (Bag-Kur). (UPDATED)
Turkey eyes social security amnesty worth $18.7 bln
Turkish Labor Minister Faruk Celik said on Thursday that the government is preparing an amnesty to restructure the premium debts of employers worth 23.4 billion YTL ($18.7 billion) due to the Social Security Institution (SSK) and the Occupational Pension Fund (Bag-Kur)
