The coalition website said its goal is to "stop tech monopolies, such as Amazon, from cornering the online market by breaking them up and regulating them."
Payments by credit/debit cards constituted 61 percent of total e-commerce volume in the country, Turkish Trade Minister Ruhsar Pekcan said.
The pandemic has altered people’s habits, causing a surge in demand for home electronic devices. This has swept the global chip supply and disrupted automobile manufacturing.
The price of the staple food item has more than doubled since May last year, as the country grapples with an unrelenting economic and political crisis that predates the coronavirus pandemic.
The Chinese market’s regulator denies planning a record fine for the e-commerce giant over anti-competitive behaviour as reported by the Wall Street Journal but has hit 12 other tech firms for allegedly flouting monopoly rules.
Brussels sells the deal as “a success”, but critics say China has got what it wanted from the EU despite Beijing's despicable human rights records.
New Zealand hopes APEC members will quickly agree on a list of products that should have tariffs removed and that the list will then be used as a template by other nations around the world.
Exports spiked 60.6 percent on-year in the January-February period, well above analysts' expectations, while imports rose 22.2 percent, with electronics and textile exports such as masks contributed to the spike in outbound shipments.
After a rapid rise in 2020, the price of gold has plunged in recent months due to a weakening demand by central banks, a lacklustre jewellery market and weak investor interest.
Bitcoin, once the preserve of internet geeks and hobbyists, has since exploded in popularity and has now rocketed by almost 75 percent in value so far this year.
Global economy will grow 5.5% this year, but it will continue to face "exceptional uncertainty" due to new waves of infections, IMF says.
140,000 jobs have been lost in the US last month for the first time since April, as the coronavirus pandemic tightens its grip on consumers and businesses.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2021 TRT World.
Like
Follow