US virus layoffs top 45M as 1.5M more Americans seek unemployment aid
About 1.5 million more laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and...
United Airlines Places Stricter Consequences on Face Covering Policy
United Airlines announced that any passengers who do not comply with its mandatory face covering policy will be placed on an internal travel restriction...
Businesses Concerned over 2nd Wave of COVID-19 in Turkey
Many firms managed to survive the first wave of infections through government support, but some of them will not be able to make it...
Turkey’s Central Bank Pledges Measures to Support Post-Pandemic Recovery
The steps taken aim to overcome the impact of the pandemic with minimal damage by supporting production and financial stability, CBRT Governor Uysal said,...
Automotive industry struggles to meet growing demand in Turkey
Demand for automobiles has steadily risen since early June following the introduction of low-interest loan packages from public lenders and the easing of strict...
Lebanon to Inject Dollars as Currency Plunge Revives Protest
Hundreds protested for a second night to decry Lebanese authorities’ handling of a deepening economic crisis, despite the government pledging on June 12 to...
Turkey, India Only G-20 countries to post growth in Q1, OECD says
Measures to curtail the coronavirus pandemic caused a record drop in the gross domestic product (GDP) of G-20 countries in the first three months...
European Markets Make Sudden Reversal Wednesday
After getting off to a strong start Wednesday, European markets are falling as investors wait to hear what steps the U.S. Federal Reserve will...
Turkey’s Economy to Bounce Back in 2021: World Bank
The Turkish economy is expected to bounce back to a record 5 percent growth next year after contracting 3.8 percent in 2020, the Work...
German Exports Post Biggest Fall in 7 Decades Amid COVID-19 Outbreak
German trade collapsed in April as the coronavirus pandemic ravaged Europe's biggest economy, with exports chalking up their biggest year-on-year fall since 1950.
While monthly...
