Tuesday, September 13 2011 , Your time is 15:58:00
U.S. President Donald Trump proposed on Sept. 27 the biggest U.S. tax overhaul in three decades, calling for tax cuts for most Americans, but prompting criticism that the plan favors business and the rich and could add trillions of dollars to the deficit.
An update of the customs unions agreement with the European Union will be beneficial for ties between Turkey and the EU, Economy Minister Nihat Zeybekci said on Sept. 27.
Turkey told Iraq it would deal only with the Iraqi government on crude oil exports, the office of Iraqi Prime Minister Haider al-Abadi said on Sept. 28.
The government has unveiled its new medium-term economic program, including a series of ambitious targets in growth, jobs, inflation, and national income per capita.
The government has introduced significant rises in a number of taxes, including a 40 percent rise in personal cars, in line with the new medium-term economic program unveiled on Sept. 27.
A number of international carriers have announced they would halt flights to the Iraqi Kurdish region this week at the request of Baghdad, including Lebanese and Egyptian national carriers.
The Turkish currency continued its recovery against the U.S. dollar on Sept. 11, after the country’s official statistics authority announced soaring economic growth.
Britain’s unemployment rate has fallen to a new year 42-year low, official data showed on Sept. 13, but wages growth remains far below overall inflation.
Bulgarian and Turkish gas operators Bulgartransgaz and Botaş will hold meetings as soon as possible to speed up progress for the Turkey-Bulgaria Gas Interconnection Project “ITB,” Nadezhda Neynsky, Bulgaria’s ambassador to Turkey, told state-run Anadolu Agency on Sept. 25.
Turkey’s Ağaoğlu Group has said it signed a letter of intent with investors from China and Hong Kong to build a 12 million square meter tourism city in Bodrum