Economy

Erdoğan announces support for every investor

The Turkish authorities don't divide investors into local and foreign and are ready to support any of them who trust the Turkish economy, President Recep Tayyip Erdoğan said yesterday at the opening of one of the largest pulp and paper mills …

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Rouble, bonds and stocks extend slump

The Russian rouble gave up earlier gains and fell sharply on Friday, extending its biggest drop in 15 months on fears over an escalation of geopolitical tensions between Moscow and the West while government bonds and stocks suffered heavy losses

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Oil struggles to hold gains amid mixed demand view

Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of the highly contagious Omicron variant of the coronavirus surge around the globe. U.S. West Texas …

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Gazprom: gas reserves in European UGS record low

Natural gas reserves in Europe’s underground gas storages (UGS) are at their lowest level during the long-term monitoring period and withdrawals are already above a half of the volume injected last year, Gazprom said on Wednesday. …

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Oil prices hold firm amid hopes for economic growth

Oil prices steadied on Wednesday, following steep gains in the previous session after the U.S. Federal Reserve chief signalled the central bank may raise rates more slowly than expected, which should help support oil demand. Brent and …

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How Huawei contributes to digitalization in Karabakh

As a first crucial step, the Azerbaijani government has been persistently focusing on the development of a safe and secure environment and living conditions for returnee populations in newly liberated territories from Armenian occupation by implementing advanced technologies and enhancing connectivity

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Oil rises towards $82 as demand recovery seen on track

Oil rose towards $82 a barrel on Tuesday, supported by tight supply and hopes that rising coronavirus cases and the spread of the Omicron variant will not derail a global demand recovery. OPEC supply additions are running below their …

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Israel-China trade under US preassure?

On Monday, sources in the Israeli government leaked the news that Israel had informed the US State Department that, from now on, all major business deals between Israel and China would be cleared with Washington first

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Turkish medicines to be selled in Georgia

Georgian Prime Minister Irakli Garibashvili said the Georgian government will make a decision this week which will ‘significantly reduce the cost of medicines.’ According to him, work on the pharmaceutical market report …

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Garibashvili: Georgian economy increased

Georgian Prime Minister Irakli Garibashvili said the Georgian government has ‘significantly improved key fiscal parameters’ due to rapid economic recovery. He also noted that the government’s debt was reduced to …

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Putin outplays the West

Russian President Vladimir Putin has outplayed the West with a devastating score, - ex-NATO representative in Moscow Harry Tabakh said on the air of the YouTube channel SobiNews. "He got …

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Erdoğan promises Turkish citizens to control inflation

Today, speaking at the opening ceremony of the Konya-Karaman high-speed train line, Turkish President Recep Tayyip Erdoğan promised to solve the problem of high prices and inflation in the country in the near future. "The problem …

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