Economy News
NationalTurk for economy news, videos, and the latest top economy stories in coin news, business, politics, health and pop culture
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One currency in Brazil and Argentina?
But there would still be a long way to go until then. The two South American countries Argentina and Brazil…
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US investor takes over restaurant chain L’Osteria
The restaurant chain L’Osteria is sold to an investor. The investment company McWin is acquiring around two-thirds of the shares…
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Neobank Ruuky files for bankruptcy
The neobank Ruuky has been greeting on its website since last week with a sad lead: “Unfortunately, Ruuky had to…
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Corona wave slows down China’s foreign trade
China’s December exports fell 9.9 percent year-on-year due to falling global demand. Imports also fell, down 7.5 percent compared to…
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FTX: Billions worth found at insolvent crypto company
At the bankrupt cryptocurrency platform FTX, lawyers have discovered remaining assets totaling five billion dollars (4.64 billion euros). That sum…
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Uniper boss announces resignation
The previous CEO Maubach has announced his resignation, and other board members are also leaving. The CEO of the ailing…
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World Bank warns: China’s exports are collapsing
Poor global demand and corona lockdowns in China have caused Chinese foreign trade to collapse unexpectedly. According to customs officials…
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İstanbul’s decline continues in the real estate market
While the real estate markets in European countries, including Turkey, present a negative outlook for the upcoming period with increasing…
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Qatar supplies LNG to Germany
Qatar’s energy minister said the emirate will supply two million tons of liquefied gas annually for at least 15 years.…
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China: Crisis at Foxconn factory!
By the end of November, production at the Apple supplier Foxconn in Zhengzhou, China, should have been fully resumed. However,…
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England plans massive tax increases
The British government wants to save 55 billion pounds (65 billion euros) with tax increases and spending cuts. The country’s…
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Facebook Meta is laying off 11,000 employees
It is the largest job cut in the company’s history. CEO Zuckerberg also points to his own mistakes. / Facebook…
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Inflation in euro zone rises to 10.7 percent
Driven by energy prices, inflation was 10.7 percent according to Eurostat. This puts the ECB under further pressure. / Inflation…
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Turkey cuts the interest rate again!
The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) reduced the one-week repo auction rate, which…
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European Central Bank Director Isabel Schnabel interview
She is the top German at the head of the central bank: In an interview, ECB Director Isabel Schnabel explains…
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