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OECD calls Turkey to address long-standing key recommendations to fight foreign bribery

London, November 10 (HNA) – The Organisation for Economic Co-operation and Development (OECD) Working Group on Bribery (WGB) called Turkey to address long-standing key recommendations to fight foreign bribery, immediately.…

EBRD continues support for renewable energy investments in Turkey

Istanbul, October 27 (HNA) – The European Bank for Reconstruction and Development (EBRD) funds to finance renewable investments of as much as 50 MW over the next two years due…

SWIFT innovation paves way for global use of CBDCs and tokenised assets

Deniz Kılınç / Istanbul, October 26 (HNA) – Society for Worldwide Interbank Financial Telecommunication (SWIFT) has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly…

KPMG: VC investment drops below 100 billion US dollars in Q3’22

Deniz Kılınç / Istanbul, October 26 (HNA) – The number of global VC deals plummets to 7,817 in Q3’22—the lowest level since Q4’17 and global investment declines for the third…

World Bank : The pandemic pushed 70 million people into extreme poverty

Deniz Kılınç / Istanbul, October 23 (HNA) – The COVID-19 pandemic triggered a historic setback, pushing 70 million people into extreme poverty in 2020 – the largest one-year increase in…

IMF: Countries must preserve vital foreign reserves to deal with turmoil in the future

Deniz Kılınç / Istanbul, October 15 (HNA) – Total foreign reserves held by emerging market and developing economies fell by more than 6 percent in the first seven months of…

IMF report: Storm clouds looming over global economy

Deniz Kılınç / Istanbul, October 12 (HNA) – The International Monetary Fund (IMF) warned on Tuesday of one-third of the world economy would “likely contract this year or next” amid…

Ben Bernanke wins 2022 Nobel prize in economics

Deniz Kılınç / Istanbul, October 10 (HNA) – Ex Fed chair Ben S. Bernanke, alog with Douglas W. Diamond and Philip H. Dybvig, won this year’s Nobel prize in economics…

Dubai/Centurion&Co acquires 60 percent of ABStocks: ABC Exchange

Bodrum, October 10 (HNA) – Centurion&Co, owned by Ali Kassab from Dubai’s El Maktum Family, acquired 60 percent of ABStocks, the cryptocurrency exchange founded by AB Group Holding Chairman Muhsin…

NSI: Bulgaria’s population shrank by 11.5 pct. in a decade

Deniz Kılınç / Istanbul, October 4 (HNA) – Bulgaria’s population shrank by 11.5 percent in the past decade to 6.52 million, its sharpest decrease registered to date, the National Statistical…