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Friday, May 29, 2020

Diplomacy

National

Washington: Hundreds protest George Floyd death

WASHINGTON Hundreds of demonstrators rallied here Friday hours after the arrest of a white police officer involved in the death of a black man in...

Americas > US & Canada

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Economy

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    Turkey’s exports total $9B in April

    ISTANBUL  Turkey's exports dropped by 41.4% year-on-year in April to reach $8.99 billion, the country's statistical authority announced on Friday. The country's imports also fell by...

    'Sovereign funds to take bigger role after pandemic'

    ANKARA Sovereign wealth funds will play a greater role in backing countries' private sectors during crises like the one caused by the novel coronavirus pandemic,...

    Turkish Central Bank lowers interest rates by 50bps

    ANKARA  The Turkish Central Bank on Thursday lowered its one-week repo rate by 50 base points, in line with market expectation. A statement from the bank's...

    Turk Eximbank secures $678M syndication loan amid virus

    ANKARA  Turk Eximbank has received a syndication loan worth $678 million amid coronavirus' economic fallout, said Turkey’s trade minister on Friday. "The syndicated loan is a...

    Turkish Treasury borrows $2.92B from domestic markets

    ISTANBUL The Turkish Treasury borrowed 20.45 billion Turkish liras ($2.92 billion) from domestic markets through auctions and lease certificate issuances on Tuesday. In the first auction,...

    Turkish Treasury borrows $863M through auctions

    ANKARA The Turkish Treasury borrowed 6.1 billion Turkish liras (nearly $863 million) from domestic markets on Monday, according to an official statement. The Treasury and Finance...

    COVID-19 forecast to decimate Latin American job market

    BOGOTA, Colombia Projections by the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization indicate the coronavirus pandemic will cost...

    Archers Foundation marks Istanbul conquest anniversary

    ISTANBUL Turkish President Recep Tayyip Erdogan on Friday attended the 8th Conquest Cup Archery Competition award ceremony via videoconference and celebrated the 567th anniversary of...

    Turkish female basketball player joins Barcelona

    ANKARA Turkish basketball player Inci Guclu inked a two-year contract with Barcelona’s women's basketball team. Guclu's move was announced by her agency Tagar Sports Management on...

    Federer tops Forbes’ 2020 list of highest-paid athletes

    ANKARA  Swiss tennis player Roger Federer became the highest-paid athlete in the world with $106.3 million in pre-tax earnings over the last 12 months, according...

    WHO, Costa Rica launch COVID-19 Technology Access Pool

    GENEVA At least 37 countries have signed up to support an initiative aimed at making vaccines, tests, treatments and other health technologies to fight coronavirus...

    Sports

    Football: Galatasaray to being selling face masks

    ANKARA Galatasaray is set to sell breathable face masks in response to the novel coronavirus pandemic, the Turkish football powerhouse said late Friday.  "Masks will be...

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