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Tuesday, July 7, 2020

Turkey's Borsa Istanbul up 0.52% at open

ANKARA  Turkey's benchmark stock index started Wednesday at 98,129.45 points, up 0.52% or 510.45 points. On Tuesday, Borsa Istanbul's BIST 100 index decreased 1.34% to close the day at 97,619.00 points...

Turkish Treasury borrows $1.6B through auction

ANKARA The Turkish Treasury borrowed 11.2 billion Turkish liras ($1.6 billion) from domestic markets on Tuesday, said an official statement. The Treasury and Finance Ministry announced that three-year CPI-indexed government bonds...

Pandemic to hit 170 countries' GDP in 2020: IMF head

ISTANBUL Some 170 countries will face narrowing in their GDP this year due to the novel coronavirus' impact on the economy, the directing manager of the International Monetary Fund (IMF)...

Barrel of US oil nosedives below $0 in historical first

WASHINGTON 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 demand continues to collapse...

Turkish football clubs face revenue loss from COVID-19

ISTANBUL Turkish Super Lig football clubs face a 30% loss in revenue from television broadcasting deals this season due to the novel coronavirus pandemic, Turkey's Football Clubs Association said Monday. The...

Amazon to hire 75,000 new employees amid virus pandemic

ANKARA E-commerce giant Amazon announced on Monday that it would hire 75,000 new employees during the current "unprecedented" novel coronavirus pandemic. The move aims to help meet customer demand and assist...

Turkish stocks flat at Monday's close

ANKARA Turkey's benchmark stock index closed the day at 96,398.63 points on Monday, down 0.08% from the previous close. Borsa Istanbul's BIST 100 index started the week at 95,463.15 points. As...

OPEC, allies meet to hash out Mexico, individual cuts

ANKARA OPEC and its allies met late Sunday for the second time in four days to discuss the dynamics of the global oil market, and how much each of 23...

Oil stability needed for predictability: Turkey

ANKARA Oil price stability is needed for predictability in the global oil market, and volatility in oil prices must end immediately, Turkey's energy and natural resources minister said Saturday. "All actors'...

Turkey's economic stability package acts like shield against pandemic

ISTANBUL Turkey recently introduced an economic stability package to shield individuals and firms against the economic impact of the novel coronavirus pandemic. The country announced it would support salary payments, postpone...

Latest article

Nearly 300 Europe-bound asylum seekers held in Turkey

IZMIR, Turkey  Nearly 300 asylum seekers have been held in western Turkey for attempting to reach Europe illegally, a security source said Tuesday. A total of...

India: COVID-19 death count crosses 20,000

NEW DELHI  India’s death count due to COVID-19 crossed 20,000 on Tuesday with 467 deaths reported in the last 24 hours, according to the Health...

Libya: Mine planted by Haftar forces wounds three

TRIPOLI, Libya Three members of a family in Libya suffered injuries Tuesday when a landmine planted by forces loyal to warlord Khalifa Haftar exploded.  The blast...

UN warns of more animal-to-human viruses

WASHINGTON Further outbreaks will emerge unless governments take active measures to prevent other zoonotic diseases from crossing into the human population, according to a UN...

Anadolu Agency's Morning Briefing – July 7, 2020

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world.  Let's...

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