Economy

Trump picks budget director as new chief of staff

U.S. President Donald Trump selected Office of Management and Budget Director Mick Mulvaney to be his new acting chief of…

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Turkey to boost minimum wage 26 pct

As of New Year’s Day, Turkey is raising its minimum wage by over 26 percent to 2,020 Turkish liras a…

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HSBC to divest from Israeli arms manufacturer: Sources

Banking giant HSBC has announced plans to divest from a major Israeli arms manufacturer following pressure from pro-Palestine activists, the…

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White House asked for Iran strike plans: report

U.S. President Donald Trump’s national security advisor, John Bolton, asked the Pentagon last fall to draw up plans to strike…

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EU says risk of no-deal on Brexit imminent

The risk of no-deal on Brexit is imminent, European Union’s chief Brexit negotiator said on Wednesday following British lawmakers’ rejection…

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If India is unique, Indianness is universal: Mauritius PM

Noting the rise of India’s soft power globally, Mauritius Prime Minister Pravind Jugnauth underlined that ‘if India is unique, Indianness…

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World Bank to fund modernization of Turkey’s irrigation

A project to modernize irrigation in Turkey will be implemented with $254 million in financing from the World Bank. The…

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NASA staff forced to clean bathroom due to US shutdown

As the partial government shutdown prepares to hit its 34th day, a notice to NASA employees showed the impossible choice…

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Mauritius to reduce energy consumption by 10% by 2030

In Mauritius, Small and Medium Enterprises (SMEs) need to develop energy efficiency systems to manage better their energy use, the…

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Valentine’s blossoms worth $475M sold in Turkey yearly

Some 2.5 billion Turkish liras (roughly $475 million) is spent on flowers every Valentine’s Day in Turkey, a Turkish florist…

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UK: If Brexit goes wrong, it would be a disaster

British foreign secretary says no-deal Brexit would be horrible for UK, Europe If Brexit goes wrong it would be a…

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Turkey defense industry eyes full national development

Turkey is now meeting 65 percent of its defense needs through its own local and national defense industry, and it…

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