Alarm bells over Turkey’s economic bind ‘akin to those of 1997 Asian debt crisis’
No problems yet seen with banks struggling to roll over foreign loans, but investors are “being complacent” says analyst.
No problems yet seen with banks struggling to roll over foreign loans, but investors are “being complacent” says analyst.
Given Turkey's economic difficulties, the central bank and lenders have not moved to provide cheaper loans as desired by ruling politicians.
Figures finalised before the surprise announcement of early elections show a small recovery in sentiment.
As Russia tries to increase its non-commodity exports, state owned banking giant Sberbank is sponsoring the development of the new Best of Partners platform designed to bring businesses and service providers together.
Last year was one of the most successful for international bond investors in many years, but that that is starting to change as the end of QE is already apparent and political risks are rising for issuers like Russia.
Russian telecom watchdog Roskomnadzor could not effectively enforce country-wide ban on Telegram messenger, disturbing the work of dozens of unrelated services as a result of blanket blocking of eighteen Amazon and Google IP address clusters and clos
Regular survey shows respondents expect the rate to be nowhere near the central bank’s 5-7% upper target range.
Turkey is at risk of becoming a “disease-prone desert” with water resources and forests disappearing, Hurriyet Daily News reported Professor ...
Open Society Foundations will move its East European headquarters to Berlin, after billionaire philanthropist George Soros was stigmatised by Viktor Orban's right-wing government and accused of various plots to undermine Hungary.
As the clock ticks down on Trump’s May 12 ‘fix or nix’ deadline, the legislators say “the value of all the promises and threats our countries make” is at stake.
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