Regulator cites risks in inflation outlook. Denied cheaper money, president may now turn to selling rapid rebound in economy.
BlackRock has raised $250mn from a consortium of ten institutional investors, governments and charities for its flagship blended finance fund, which aims to help emerging market economies reduce carbon emissions.
The European Commission is to publish legislation on July 14 that will detail the EU’s plans, dubbed “Fit for 55,” to reduce greenhouse gas emissions by 55% from 1990 levels by 2030 as part of wider reforms to European energy and climate laws.
Attempts by Turkish plastics recyclers to show economic damage caused by barring waste imports from UK and other nations appear to have won out over environmental considerations.
Young men fleeing Taliban via mountainous trek. Bus carrying migrants overturns, killing 12.
Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.
When Turkish online retailer Hepsiburada (HEPS) listed on Nasdaq on July1, it propelled its chairwoman and founder, Hanzade Dogan Boyner, to billionaire status
Defining green energy and indeed green investments is not an exact science, Determining just how green each of the various energy sources are gets complicated once you start digging into the details.
Turkish president says 100 individuals with links to the Gulen movement have been abducted and brought to Turkey.
Copper and zinc prices mean one kurus gives the holder a 1,539% arbitrage opportunity.
Global cost of COVID19 impact on tourism may reach $4trn in 2021, with Turkish economy hit worst, says Unctad report.
MP warns brutal murder should not be seen as a hate crime, but as part of a government crackdown.
“There were some suggestions growth could have been even stronger were it not for the ongoing difficulties in sourcing raw materials,” says IHS Markit economics director.
Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.
Following successes of Peak Games and Getir, Istanbul startup crosses the $1bn threshold with Series B funding round.
Since its independence in 1991, Ukraine has been largely limited in its capability to defend itself, partly through poor decisions made by Ukraine and partly due to limits placed on Ukraine by its Western partners. Turkish drones have changed that.
Emerging market economies in Europe, the Middle East and Africa (EMEA) are recovering faster than previously expected from the coronavirus (COVID-19) pandemic, but that has come with higher inflation.
Fugitive mafioso Sedat Peker has lifted the lid on major drug trafficking. There are peculiar goings-on, with officials shifting uncomfortably in the spotlight.
Erdogan administration even made it possible for assets to be carried into country in a suitcase, with no inquiries posed as to origins.
EBRD says recovery from the coronacrisis is progressing faster than expected, but many emerging Europe economies won’t return to 2019 levels of GDP until 2022.