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The International Monetary Fund lowered its outlook for the world economy on Tuesday, and warned that the global financial system faces growing risks from the debt crisis in Europe. The IMF now expects the global economy to grow 3.3% in 2012, according to an update to its World Economic Outlook. In September, the IMF said [...]
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Sarah Ferguson has been doing many thing for money last couple of years and who knows behind of all this because Turkish prosecutors have charged the Duchess of York for secretly filming a documentary critical of conditions in Turkish orphanages, the Turkish media reported. The Anatolia news agency said the duchess, better known as Sarah [...]
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Russian energy companies Rosneft and Transneft are seeking a 25 per cent stake in a planned Turkish oil pipeline, Russian Deputy Prime Minister Igor Sechin has said. The pipeline, to be built by Turkey’s Calik Holding and Eni of Italy, will link the Turkish ports of Samsun and Ceyhan and has strong backing from the [...]
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Civil war in Syria is growing every other day and getting very dangeours and serious since started, regarding to reports more than 5.000 lives lost already and Turkish Prime Minister Recep Tayyip Erdogan warned today that a “religious, sectarian, and racial civil war” was looming in neighboring Syria. Turkey has stepped up criticism of President [...]
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Turkey will be starting better and bigger strategic partnership with Japan and the nuclear disaster in Fukushima, Japan, which took place after the massive earthquake and the tsunami it triggered in March has not affected its cooperation with Turkey in nuclear energy. Foreign Minister Ahmet Davuto?lu who is hosting his Japanese colleague Koichiro Gemba has [...]
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Turkey has been one of the favorite holiday destination for many holiday makers all over the world and has more to offer always because some of the seven wonder of the world located in Turkey and Turkey’s culture and tourism minister said on Friday that Turkey aimed to host 32.5 million tourists in 2012. Ertugrul [...]
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Turkish economy is growing rapidly and investors eyes area already on Turkey and Turkey’s fresh fruits and vegetables exports increased seven percent in 2011 when compared to 2010. The exports of these goods increased from 2.1 billion USD in 2010 to 2.3 billion USD in 2011, Kemal Kacmaz, an official from Turkish Fresh Fruit & [...]
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Istanbul public prosecutor Thursday demanded the arrest of former Turkish army chief Gen. Ilker Basbug on charges of leading a terrorist organization and attempting to overthrow the Turkish government, state media reported. Turkish opposition newspapers like Hurriyet and Cumhuriyet report today that the commanders of the three armed forces yesterday visited Vice Premier Bulent Arinc, [...]
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In a world of economic uncertainty and fluctuating markets, investor decisions have become increasingly fragile particularly in the property sector. Now we are in 2012, it is important to look upon current trends and utilise market knowledge to assess this year’s global property market. In this exclusive video, co-founders of Property Frontiers David Cox and [...]
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Debates that began when Prime Minister Recep Tayyip Erdo?an underwent surgery last month and had to stay away from politics during his several-week recovery still continue today. These debates center on the questions of whether Erdo?an will run for presidency in the near future, to whom he will entrust his ruling Justice and Development Party [...]
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