World Bank Increases Financial Support for Turkey’s Economy

World Bank Increases Financial Support for Turkey’s Economy

The stock market day World Bank gives Turkey more cheap loans 09/07/2023 1:23 p.m (Foto: picture alliance / Russian Look) Die World Bank expands its financial commitment to support the economy in Turkey clearly. Director Humberto Lopez, responsible for the emerging market, told the Turkish state news agency Anadolu that an additional $18 billion should … Read more

Chinese Banks Fill Gap Left by Western Banks in Russia Amidst Ukraine Conflict

Chinese Banks Fill Gap Left by Western Banks in Russia Amidst Ukraine Conflict

Status: 09/04/2023 11:19 am After the Russian attack on Ukraine, numerous western banks left Russia. Financial institutions from China have filled this gap: They have quadrupled their commitment. While Western financial institutions withdrew from Russia because of the attack on Ukraine, Chinese banks have made significantly more money available to the country. According to calculations … Read more