Turkish economy is projected to grow 2.6 percent and 3.5 percent in 2021 and 2022 respectively in latest economic survey by Organisation for Economic Co-operation and Development.
A think tank forecast that the economic fallout in the US from the Covid-19 pandemic will help China gain an edge in the world economy.
President Recep Tayyip Erdogan says Turkey offers significant advantages, especially for international investors seeking an alternative to the Asia-based manufacturing network.
With its economic health in the doldrums, Modi is lifting restrictions – as the death toll mounts.
The World Bank's report projects that growth in China and other East Asian-Pacific countries will slow to 2.1 precent this year from 5.8 percent in 2019 under a “baseline” forecast in which economic recovery takes hold this summer.
Lockdowns and containment policies are expected to have a massive impact on GDP across the globe, with many countries introducing bailout measures to prevent economic meltdown.
Major US indices ended at records for the third straight day following better-than-expected reports on economic growth and durable goods orders.
Post-election Turkey provides a great opportunity for the country to move from an emerging economy, to a fully industrialised nation.
The lowest rates of unemployment in almost two decades are accompanied by forecasts of a 4 percent economic growth in the US despite fears of a looming trade war.
The African continent due to colonialism and war has struggled to industrialise, yet, without a strong manufacturing sector it will fail to emerge as a powerful entity.
The news could not have come at a better time for Brazilian President Michel Temer, who is battling a corruption scandal.
Slowing growth and rising debt prompted Moody's credit-rating agency to issue the downgrade. Falling investment and a fast aging population are other factors that contributed to the revision.
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