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Economy
138 posts
President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka
Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to…
France, UK Jointly Ask US Court to Freeze Litigation on Sri Lanka
London (06/11 – 58) France and the United Kingdom (UK) have jointly made a request in favour of…
Transition to Turkish Lira Continues in Line With Ttarget: CBRT Chief
Turkish central bank chief met with the management of the Banks Association of Türkiye (TBB) to evaluate the…
Turkish Economy on ‘Right Track,’ Global Financial Bodies ‘Aware’
While the Turkish economy is moving in the right direction, showing positive signs noted by credit rating agencies…
Notorious Benjamin Wey Sues Sri Lanka For $250 Million
London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal…
The Price of War?
Brussels (3/12) Governments may be doing great while the people suffer. Bombing of the Nordstream 2 pipeline, carrying…
Turkish Bank Denies Role in High-Profile Football Stars Scam Case
One of Türkiye’s major private banks refuted allegations Tuesday that it played a role in an alleged scam…
Türkiye Freezes Assets of 82 Organizations, People for Alleged PKK Ties
Türkiye froze the local assets of 20 organizations and 62 individuals based in Australia, Japan and a number…
Turkish Central Bank Reserves Strike New All-time Hgh of $140.1B
Total reserves of the Turkish central bank hit a fresh record high in the week ending Dec. 1,…
OECD Ups Türkiye View, Cuts Global Outlook But Sees Soft Landing in 2024
The global economy is likely to falter next year, but the risk of a hard landing has subsided…