1.
Boeing delivers C-17 to RAF
WASHINGTON, Dec. 18 (UPI) -- The International Monetary Fund said Thursday it will lend another $502 million to Turkey as part of a $19 billion loan approved last year.
The sum is the sixth part of the loan package, and so far, the country has drawn about $16 billion of the total available funds.
Following the executive board discussion that approved the loan, IMF managing director Horst Koehler said: "Turkey's economic program has delivered a remarkable strengthening of market confidence, while interest rates have fallen sharply. For the second year running, both economic growth and inflation look set to surpass program projections."
"Ongoing strong efforts to keep the program on track and vigorously pursue structural reforms in fiscal and banking should underpin a continued strengthening of market confidence and an improvement in economic performance going forward. These strong efforts deserve the continued support of the international community."
|
|
|
|
|
|
| Additional Business News Stories | |
ERBIL, Iraq, May 22 (UPI) --
Ankara aims to be a strategic energy hub in the region and Iraq could play a major role in that ambition, Turkish energy officials said.
|
TEL AVIV, Israel, May 22 (UPI) --
Israel's Rafael Advanced Defense Systems is developing a "hard kill" defense for helicopters against surface-to-air missiles, part of the air force new doctrine to counter advanced SAMs being acquired by Iran, Syria, Hezbollah and the Palestinians.
|
Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
|
What if Europe turned out to be the new Japan?
|
| Stories | Photos | People | Comments |
View Caption
