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Yellen confident Congress will approve global tax

US Treasury Secretary Janet Yellen said she is confident that legislation to implement the global tax regulation, with which 136 countries have agreed, will be approved by the US Congress. Yellen said the legislation could be included in what is called President Joe Biden’s consensus budget. The OECD announced that 136 countries, including the USA, …

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Export Development Inc. founded

Under the coordination of the Ministry of Commerce, the establishment process of the Export Development Corporation (IGE) was completed in order to contribute to the solution of exporters’ access to finance and credit guarantee problems. The establishment of HDI, which was carried out under the coordination of Minister of Trade Mehmet Muş, was carried out …

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Morgan: We wouldn’t be surprised by a 100 basis point cut from the CBRT

Morgan Stanley stated that they expect the Central Bank of the Republic of Turkey to cut the policy rate by 50 basis points on October 21, but a cut of 50-100 basis points would not surprise them. Stating that the ‘, which is above the level of 9.00, continues to rise further, the bank said …

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EU has a trade deficit of 5 billion euros in August

The European Union (EU) posted a foreign trade deficit of 5 billion euros in August, when the new type of coronavirus (Kovid-19) measures softened. The European Statistical Office (Eurostat) has published the August international trade data of the EU and the Eurozone. Accordingly, EU exports increased by 18 percent to 164.7 billion euros in August …

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Asian stock markets start the week positive

Asian stocks were mostly buying, led by the Hang Seng index, which gained more than 2% in Hong Kong in Monday’s trading. Regulations to ease the Covid-19 restrictions in Singapore and Sydney especially supported travel stocks. 107 days of total shutdown in Sydney, Australia’s largest city, ended today. New South Wales (NSW) State Prime Minister …

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Germany towards the ‘traffic light’

Germany is moving towards the coalition known as the ‘traffic light’. According to Bloomberg’s report, an agreement was reached on the basic principles in the ongoing coalition talks between the Social Democratic Party (SPD), the Green Party and the liberal Free Democratic Party (FDP) in Germany. During the talks, it was stated that an agreement …

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US lifts travel restriction for vaccinated

The United States is preparing to open its borders to foreign visitors who have received the Kovid-19 vaccine from November 8, according to information obtained from a White House official. The decision will be the biggest change in US travel policy since the start of the Covid-19 pandemic. Currently, most foreign visitors from multiple regions, …

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EU and China agree to hold summit meeting

Michel and Şi made a phone call today. Commenting on the meeting on social media, Michel said, “Despite our differences, dialogue remains vital in EU-China relations. We agreed to hold the EU-China Summit and strengthen dialogue.” used the phrase. Stating that they also discussed the situation in Afghanistan during their meeting with Xi, Michel said, …