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Search resuls for: "Turkey’s Trade Ministry"


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Invigorating growth is critical: When the economy expands, it improves standards of living, promotes innovation and makes households wealthier. Economic growth in Spain and France was stronger than expected last year. But the US is outperforming mainly for one key reason: Robust productivity growth. Productivity growth came in well below expectations in the first three months of the year, according to Labor Department data released last week. A “course correction” isn’t an even stronger US economy: Economic policymakers around the world need to address a range of key issues.
Persons: ” Kristalina Georgieva, ” Georgieva, ” Stephen Gallagher, Gallagher, , , Hande Atay Alam, Recep Tayyip Erdogan, Israel Katz, John Williams, Neel Kashkari, Lisa Cook, Krispy Kreme, John’s, Austan Goolsbee Organizations: Washington CNN, Monetary, IMF, European Central Bank, Labor Department, Societe Generale, CNN, Reuters, Palantir Technologies, Tyson Foods, Marriott Worldwide, New York Fed, Disney, UBS, Duke Energy, Suncor, Bros, Minneapolis, Toyota, Uber, Anheuser, Busch InBev, Airbnb, Fox Corporation, News Corporation, Duolingo, Icahn Enterprises, New York Times Company, AMC Entertainment, Honda, Warner Bros Discovery, Warner Music Group, Hyatt, Hilton, Bank of England, US Labor Department, United Kingdom’s, National Statistics, University of Michigan, . Chicago Fed, China’s National Bureau of Statistics Locations: Europe, China, United States, Spain, France, Russia, Ukraine, Turkey, Israel, Gaza, Olesya, “ Turkey, Lyft, TripAdvisor
CNN —Turkey has halted all import and export transactions with Israel in protest over the war in Gaza. “All import and export transactions related to Israel, including all products, have been stopped,” Turkey’s trade ministry said in a statement Thursday. Thursday’s measures by Turkey follow the introduction last month of restrictions on its exports to Israel after the Turkish foreign minister accused Israel of denying a request to airdrop aid to Gaza. Turkey is one of the biggest donors of aid to Gaza, according to Israel’s Coordinator of Government Activities in the Territories. Israeli attacks in Gaza have killed more than 34,600 Palestinians as of May 1, according to the territory’s Ministry of Health.
Persons: , , Recep Tayyip Erdogan, Israel Katz, Katz, Israel, Turkey’s, Eyad Organizations: CNN, Reuters, Israel’s Ministry of Foreign Affairs, Hamas, territory’s Ministry of Health Locations: Turkey, Israel, Gaza, “ Turkey, “ Israel, Territories, Republic of Turkey, Gaziantep
Turkey said late Thursday that it had halted all trade with Israel until “uninterrupted and adequate humanitarian aid is allowed into Gaza,” signaling further deterioration in relations between the two countries. Turkey’s Trade Ministry said in a statement that exports and imports “for all products” would pause. Mr. Katz also said he had instructed the Foreign Ministry to create alternatives for trade with Turkey, focusing on local production and imports from other countries. Turkey reported $5.4 billion in exports to Israel in 2023 and $1.64 billion in imports, according to United Nations figures. The Turkish leader has also forcefully defended Hamas and recently met with Ismail Haniyeh, the group’s political leader, and other Hamas officials in Istanbul on April 20.
Persons: Israel Katz, Recep Tayyip Erdogan, Mr, Katz, Erdogan, Ismail Haniyeh, , “ Israel, Hakan Fidan Organizations: Turkey’s Trade Ministry, Bloomberg, Foreign Ministry, United Nations, Ministry, Trade Ministry, Israel, International Court of Justice Locations: Turkey, Israel, Gaza, Istanbul, “ Israel, Palestine
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