Economy

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Turkey unveils new sign for lira

Turkey unveils new sign for lira.A symbol for Turkish currency, the lira, has been unveiled at a press conference in…

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Ukraine rejects Gasprom siphoning charge

Ukraine’s national energy company Naftogaz has sent evidence to Gazprom it claims disproves accusations from the Russian company.

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Shah Deniz Pipeline Decision for Nabucco Project :No earlier than middle of 2013

Nabucco decision concerning which pipeline system will bring Caspian gas from the Shah Deniz field to Europe will be reached…

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Istanbul ‘s hopes rising as Rome is out of the 2020 Olympic Games race

Turkish National Olympic Committee submitted Istanbul’s 2020 Olympic bid file to the International Olympic Committee with rising hopes, a day…

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Sex doll industry booms in China, Turkish market one of the most lucratives

China’s Sex Toy Industry Booms as company sells 50,000 Inflatable Adult Dolls while Turkey, Korea and Japan emerge as main…

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Athens burns after Greek parliament passes harsh austerity measures

Worst riots in years has struck Greece capital Athens as Greek MPs pass harsh austerity measures demanded by bailout crediters…

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Greece bows to further austerity measures by EU & IMF, bailout delayed

Greece's hopes of securing a €130bn rescue package have been set back after eurozone finance ministers responded with scepticism to…

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Greek rescue package of €130bn delayed by politicians; markets nervous

Greece 's intententions on taking make-or-break talks over a €130bn (£108bn) rescue programme for the debt-choked country had been strong…

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US jobs data helps stocks, euro off on Greece

US jobs data helps stocks, euro off on Greece.

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Facebook Status update: going public with IPO , Value up to $100bn

Facebook files for IPO. Facebook confirms plans to go public in deal that could rise Facebook's value up to $100bn,…

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New tallest Tower to finish the once beautiful Istanbul silhouette off

Istanbul’s evocative skyline is set to be capped by a new peak, as architects unveil plans to raise a tower…

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Sears and Kmart shut down to 120 stores as a result of poor holiday sales

Sears and Kmart has reported to close more than 120 stores as holiday season sales slump big time.

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Financial Institute Economy Prediction 2012: Recession at Euro Zone !

The International Institute of Finances issued predictions on economics for 2012. Europe conjuncture looks dire as recession in Euro Zone…

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Americans escape from USA ! The great escape from US and its reasons

American dream long over ! A new study shows that more US citizens than ever before are living outside of…

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Brain drain in Spain : Young talents flee Spain crisis

EU member states have imposed strict austerity measures to control Europe's debt crisis with southern Eu states suffering most under…

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