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Analysis: Women 20 Recommendations to Governments

Women 20 (W20) was set up under the 2015 Turkish G20 Presidency as a stand-alone official G20 Engagement Group, which focuses on the promotion of economic growth in a gender responsive and inclusive...

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Trump Banks on Economy for 2020 Victory

WHITE HOUSE – “It’s the economy, stupid” has been a catchphrase of U.S. presidential politics since the 1992 campaign, when Bill Clinton unseated incumbent George H.W. Bush.  Nearly three decades...

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China Confronts Next Coronavirus Challenge: Restarting Its Economy

The number of coronavirus infections was still surging and the peak was yet to come. That was when China made a seemingly inconceivable call in early February: Everyone should go back to work. On the...

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Turkey Bars Firms from Laying off Workers Amid Pandemic

Turkey has barred employers from laying off workers during the COVID-19 pandemic, a top government official said on April 16. Employment contracts cannot be nullified for a three-month period except...

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Turkey’s Economy to Bounce Back in 2021: World Bank

The Turkish economy is expected to bounce back to a record 5 percent growth next year after contracting 3.8 percent in 2020, the Work Bank said in the latest issue of Global Economic Prospects report....

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European Markets Make Sudden Reversal Wednesday

After getting off to a strong start Wednesday, European markets are falling as investors wait to hear what steps the U.S. Federal Reserve will take to ensure a post-pandemic recovery. London’s FTSE...

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Lebanon to Inject Dollars as Currency Plunge Revives Protest

Hundreds protested for a second night to decry Lebanese authorities’ handling of a deepening economic crisis, despite the government pledging on June 12 to inject dollars into the market to bolster the...

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US Adds 1.8 Million Jobs in Sign Hiring Has Slowed

WASHINGTON – The United States added 1.8 million jobs in July, fewer than the job gains in May and June, and the latest sign that hiring has slowed during a resurgent coronavirus outbreak in the...

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