Turkey rejigs GDP calculations as output falls for first time since 2009
A money changer counts Turkish lira banknotes at an currency exchange office in central Istanbul, Turkey On paper at least, 79 million Turks got a near 20 per cent boost…
A money changer counts Turkish lira banknotes at an currency exchange office in central Istanbul, Turkey On paper at least, 79 million Turks got a near 20 per cent boost…
The Israeli partners in the Leviathan gas field said on Dec. 12 they approved a development plan for the field with a target production date for the end of 2019.…
AP photo Iran signed a $16.6 billion deal for 80 Boeing passenger jets on Dec. 11 and was said to be close to another for dozens of Airbus planes to…
Tunisia”s Prime Minister Youssef Chahed Tunisia’s parliament on Saturday approved a 32.7 billion dinar ($14.1 billion) budget for next year, including deficit cutting measures that had been watered down under…
Russia said late on Dec. 7 it sold a stake in oil giant Rosneft for 10.5 billion euros ($11.3 billion) to Qatar and commodities trader Glencore, confounding expectations that the…
AP photo Iran plans to revalue its rial tenfold and revert to the currency’s old name, the toman, according to a bill approved on Dec. 7 by President Hassan Rouhani’s…
China’s imports grew at the fastest pace in more than two years in November, fueled by its strong thirst for commodities from coal to iron ore, while exports also rose…
Zambia’s Finance Minister Felix Mutati Zambia plans to refinance Eurobonds totalling around $2.8 billion that it issued between 2012 and 2015, Finance Minister Felix Mutati said on Wednesday. “The strategy…
REUTERS photo The IMF on Dec. 5 announced the release of the second installment of a loan for Iraq, despite continued financial difficulties with low oil prices and the fight…
Chinese telecom and mobile equipment group ZTE Corp. has agreed to buy 48.04 percent of Turkish systems integration provider Netaş Telekomunikasyon A.Ş. (NETAŞ) for 358 million Turkish Liras ($101.3 million)…