Turkey

Climate change laws around the world

There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

Turkey’s Economy Survives and Thrives, Even in the Face of a Perfect Storm

Despite strife in neighbouring nations, domestic political turmoil, and an uncertain world recovery, Turkey’s economy remains resolute.

All the positive actions taken at G20 level under the Turkish Presidency cannot hide the fact that 2015 has been a turbulent year for the world economy, as markets have grappled with the twin spectres of a Chinese economic slowdown and an expected hike in U.S. interest rates. In September, the Organisation for Economic Cooperation and Improvment(OECD) cut its world increase forecasts from 3.1% to 3% in 2015, and from 3.8% to 3.6% in 2016.

Turkey’s economy remains resolute.

Despite strife in neighbouring nations, domestic political turmoil, and an uncertain world recovery, Turkey’s economy remains resolute.

All the positive actions taken at G20 level under the Turkish Presidency cannot hide the fact that 2015 has been a turbulent year for the world economy, as markets have grappled with the twin spectres of a Chinese economic slowdown and an expected hike in U.S. interest rates. In September, the Organisation for Economic Cooperation and Improvment(OECD) cut its world increase forecasts from 3.1% to 3% in 2015, and from 3.8% to 3.6% in 2016.

Restructured DEIK leads Turkish private sector towards 2023 goals

Ömer Cihad Vardan was appointed President of DEIK, Turkey’s Foreign Economic Relations Board, in September 2014 following the enactment of new legislation intended to create additional harmony between the private sector and the government. He tells The Worldfolio that DEIK and Turkey remain firmly committed to the Vision 2023 targets, and argues that the EU would have recovered much additional quickly from the financial crisis if Turkey had been a member.

Turkey Year in Review 2014

For a regular star-performer part emerging markets, the Turkish economy had a modest year in 2014, with the rate of increase easing and the lira tumbling, though exporters managed to post record earnings despite weaker request from some key markets.