Turkey Financial News

Also read: NATO summit seeks agreement on Ukraine after Turkey supports Sweden's bid The RBC-Ukraine news agency reported that explosions were heard on the bridge. Russia's Grey Zone channel, a heavily followed Telegram channel affiliated with the Wagner mercenary group, reported that there were two strikes on the bridge at 03:04 a.m. (0004 GMT) and 03:20 a.m.

China is likely to report rapid economic expansion for the second quarter, although underlying figures will reveal a more challenging picture. The comparison with last year, when Shanghai was enduring a Covid-related lockdown, will make Monday’s gross domestic product data look a lot better than was actually the case. GDP likely grew 7.1% for the quarter on a year-over-year basis, up from 4.5% in the previous period, according to economists surveyed by Bloomberg.

Every few years a disruptive technology comes out of left field and entirely changes the future of the global energy system, smashing into our consciousness like a thunderclap.

European Bank for Reconstruction and Development (EBRD), of which India is a shareholder, will arrive in India on Sunday for a G20 finance summit with the reform agenda for multilateral development banks (MDBs) high on the list of priorities. Odile Renaud-Basso, the first woman head of an MDB as EBRD president, will begin her four-day visit in Gandhinagar for the Finance Ministers and Central Bank Governors gathering.

Himachal Pradesh and Jammu & Kashmir, likely slashing production in the country's top two apple-growing states at least by half this season, farmers said. «The growers are not being able to visit the fields due to the rains,» said Ravinder Chauhan, president of Apple Growers Association of India.

By Michelle Nichols

“This pragmatic approach aimed at resolving issues where negotiators had encountered challenges. The visit proved to be critical in overcoming crucial obstacles and charting a path forward towards an ambitious and mutually beneficial trade deal,” the government said in a statement after Commerce and Industry Minister Piyush Goyal met UK’s Secretary of State for Trade Kemi Badenoch. Goyal was on a visit to the UK from July 10-12. The meeting was marked by a shared understanding and a commitment to advancing mutual interests, according to the statement. The ministers also explored opportunities for enhanced collaboration between the two nations.

Greece’s prime minister says his country is ready to “reset” relations with neighbor Turkey in an effort to bypass decades-old disputes between the two NATO members

Concerns are growing that Russia won't extend a United Nations-brokered deal that allows grain to flow from Ukraine to parts of the world struggling with hunger

Atrangii TV, a free-to-air Hindi general entertainment channel owned by Vibhu Agarwal, will air international language content dubbed in Hindi, with English subtitles for the audiences, starting 17 July. This will include Korean, Turkish, Russian and other international family drama series that will cater to female and male audiences in the 15 plus age group. While costs of content creation are skyrocketing, entertainment industry experts point out licensing and syndication can prove cheaper for companies.

Most of the expats find Mexico as their most favoured destination, followed by Spain, Panama, Malaysia, and Taiwan, according to a recent survey by InterNations, titled as ‘Expats Insider 2023’. On the other hand, Germany, South Korea, Turkey, Norway, and Kuwait appeared as the worst places for expats in the survey. India stood at 36th position in the index containing 53 nations.

alliance after the members said they would allow Ukraine to join the alliance “when allies agree and conditions are met". Following this statement, Zelenskyy blasted the organization’s failure to set a timetable for his country as “absurd." Although many NATO members have funneled arms and ammunition to Zelenskyy’s forces, there is no consensus among the 31 allies for admitting Ukraine into NATO’s ranks.

NATO Secretary-General Jens Stoltenberg said Monday that Turkey’s President Recep Tayyip Erdogan has agreed to send Sweden’s accession protocol for joining NATO to the Turkish Parliament “as soon as possible” and to help ensure that the assembly approves it. Stoltenberg made the announcement after talks with Erdogan and Swedish Prime Minister Ulf Kristersson on the eve of a NATO summit in Lithuania. Sweden’s NATO accession has been held up by objections from Turkey since last year. “This is an historic day because we have a clear commitment by Turkey to submit the ratification documents to the Grand National Assembly, and to work also with the assembly to ensure ratification,” Stoltenberg told reporters. Earlier Monday, with NATO hoping to put on a public display of unity in its support for Ukraine more than 500 days into the war, Erdogan said that he would block Sweden’s path unless European members of the military organization “pave the way” for Turkey to join the world’s biggest trading bloc. His surprise announcement added new uncertainty to Sweden’s bid to become the alliance’s 32nd member. Turkey was already blocking its entry because Erdogan believes that Sweden has been too soft on Kurdish militants and other groups that he considers to be security threats.

TikTok, to shop. Besides its own stores and website, Apple already operates a shop on Alibaba Group's Tmall online marketplace. Apple also tried marketing its products on a livestream in China for the first time in May with an hour-long show.

Lethal flooding has simultaneously hit India, Japan, China, Turkey and the U.S. Northeast

Sweden's membership of NATO took a big step forward on Monday after Turkey agreed to remove one of the last major roadblocks in return for help in reviving Turkey's own chances of joining the European Union. At talks in the Lithuanian capital Vilnius, where U.S. President Joe Biden and his NATO counterparts are meeting for a two-day summit starting Tuesday, President Recep Tayyip Erdogan committed to put the Nordic country's accession protocol before Parliament «as soon as possible,» the head of NATO said.

VILNIUS (Reuters) — Turkish President Tayyip Erdogan has agreed to forward to parliament Sweden's bid to join the NATO military alliance, Secretary-General Jens Stoltenberg said on Monday, on the eve of a NATO summit in Vilnius.

NATO leaders are set to make a new defense spending pledge at their summit this week as support for Ukraine eats into their military budgets

Russia’s war on Ukraine will top the agenda when U.S. President Joe Biden and his NATO counterparts meet on Tuesday and Wednesday

Astons, the world’s leading authority on residency and citizenship through investment, has examined the 13 new countries that are considering offering citizenship or residency by investment (CBI/RBI) programs and has selected the four that they feel offer the most alluring investment and lifestyle opportunities for investors.

According to Schengen Statistics, Algerian nationals were refused Schengen visa applications the most in 2022, with a total of 179,409 visas not being issued with the total rate of not issued uniform visas reaching 45.8 per cent. The list of top ten countries with the highest Schengen visa rejection rates for 2022 also included countries like Turkey, Morocco and Russia, which had 120,876, 119,346 and 68,753 visa applications rejected, respectively.