The global economic recovery continued throughout the quarter, and the OECD now expects world GDP for 2020 to contract by only 4.5%, compared with 6% in their previous forecast from June. Equity markets have done better than expected.
Finding of new project set up by academics and researchers comes with government facing increased scrutiny over whether national statistics are detached from reality.
Actually, it’s a whole lot more serious than that for ordinary Turks suffering the vicissitudes of this elective dictator on the edge of the economic precipice. But watching the markets get confounded again has to have some comedy value.
Prospects of Azerbaijani offensive into heavily populated core of enclave are reportedly rising. Turkey calls Minsk mediation group "brain dead".
Hit-and-run opportunities there may be. But even Turkish kids on the block would tell you Turkey’s official inflation rate is fake. Who wants to put that in their pipe of analysis and smoke it?
Confectionery maker reportedly looking to sell 5-year or 7-year papers. Turkey Wealth Fund said to have backed away from holding auction after asked for yields turned out to be higher than officials expected.
Also amid Nagorno-Karabakh conflict, another report says Russia has deployed a “large” number of border guards to work with Armenian counterparts assigned to protect Armenia’s only border with Iran.
Canada lately banned such military exports to Turkey. Armenian PM urges international community to follow its example.
By banning military technology exports under pressure from campaigners, Canada’s PM has thrown a wrench in the works of Turkey’s drone programme. But regimes everywhere know there is no consistency in this morality, perhaps Erdogan's most of all.
Possibility of trilateral session not ruled out as hopes rise for new effort to bring Nagorno-Karabakh conflict to an end.
Day, however, sees angry exchanges with Armenia and Azerbaijan blaming each other for breaching humanitarian truce.
Analyst points out that as Turkish national oil co has gone it alone in exploration, there's “no witness” to back up claims reserves are a “game-changer”. Notes gas find is “a feel-good domestic story to sell in troubled times”.
Agreement announced on day Azerbaijan accuses Armenia of killing at least 13 civilians in Scud missile strike on residential buildings in Ganja.
Move may suggest Turkey’s leader is giving up on his pal clinging on to 1600 Pennsylvania Avenue and is exploiting the US’ present preoccupation with itself to get ahead of the game.
The messaging from Moscow has been pro-Armenia but critical of its government. And some Armenians are questioning their leaders’ flirtation, as mild as it’s been, with the West.
Azerbaijan’s lobbying operation in Washington and Aliyev’s denial that Turkey has sent Syrian mercenaries to battle front also focus of media on day 19 of conflict.
TTB, which responded to data leak by saying the government “hid the truth”, in the cross hairs.
Want to play? On October 18, Turkey’s president will board a drill ship to crank up the volume on his big deal gas discovery. There will be verifiable applause all round!
Russian foreign minister adds that it would be right to deploy Russian military observers on line of contact, but that it was up to adversaries Azerbaijan and Armenia to decide.
Talks on €900mn of loans proceed as country’s shocking pile of debt across fields including construction, energy, conglomerates and now tourism mounts up.