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People’s World – “Shareholders beware, socialism is back”

London, August 26 (HNA) – The stock market analysts and financial advisors warned the investors who parked their money in Chinese tech stocks, with saying “Shareholders beware, socialism is back,”…

Survey – CEOs expect strong growth next year

London, August 26 (HNA) – The CEOs of major companies, expect their organization’s growth to be strong over the next 12 months, according to the Summer 2021 Fortune/Deloitte CEO Survey.…

EBRD buys stake in Turkish waste-to-energy firm

London, August 23 (HNA) – The European Bank for Reconstruction and Development (EBRD) is promoting private-sector know-how in waste management in Turkey by investing in a minority stake in the…

IMF/Georgieva: The US$650 billion SDR allocation comes into effect

London, August 23 (HNA) – The International Monetary Fund (IMF) Managing Director Kristalina Georgieva stated that the largest allocation of Special Drawing Rights (SDRs) in history, which is about 650…

UN IPCC study – Climate change effects may be permanent

London, August 9 (HNA) – The Intergovernmental Panel on Climate Change (IPCC) unveiled on Monday the results of their study on climate change which indicates that some effects of climate…

G20 Ministers adopted the Declaration on Digital Transition

London, August 7 (HNA) – G20 Digital Ministers adopted the Declaration that leverages the potential of digitalisation for a resilient, strong, sustainable and inclusive recovery, according to the statement released…

SpaceX’s Starship and Super Heavy booster taller than Great Pyramid of Giza

London, August 7 (HNA) – SpaceX has achieved another major milestone in its Starship fully reusable launch system: Taken together, the massive combined launch system reaches nearly 400 feet tall…

Precious metals decrease after upbeat US jobs data

London, August 6 (HNA) – Prices of precious metals slid, with the prices of gold and silver extended losses on Friday following better-than-expected data reports on the state of employment…

Year-end inflation expectation in Turkey rose to 16.30 percent

London, August 6 (HNA) – The year-end consumer inflation (CPI) expectation in Turkey rose from 15.64 percent to 16.30 percent. According to the Turkish Statistical Institute data, the CPI increased…

OECD household income grows strongly in the first quarter of 2021

London, August 6 (HNA) – Real household income per capita, which provides a better picture of people’s economic well-being than GDP, grew by 5.8 percent in the Organisation for Economic…