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...The project, pursued by Turkey’s strongman leader Recep Tayyip Erdoğan, was controversial on environmental grounds, but it has been a boon to state-backed Turkish Airlines’ bid to widen its international...
...According to Germany’s Ifo Institute, many of the EU states with the biggest shortfalls — including Italy, Spain and Belgium — also have among the highest levels of debt and budget deficits in Europe....
...The state is also intervening to prop up the stock market, which has fallen more than 20 per cent in the past year, such as with restrictions on short selling, tighter capital controls and mobilising state-owned...
...Fink attributed the US’s faster recovery from the financial crisis relative to Europe to America’s lower dependence on the traditional banking sector....
...Polish central bank chief Adam Glapiński told the FT he was seeking a truce with Prime Minister Donald Tusk after an increasingly bitter feud....
...The agreement, alongside an emergency bond-buying programme by the European Central Bank and the relaxation of spending and state aid rules, had an immediate calming effect on markets, avoiding an economic...
...It now operates mobile sports betting in 22 states and online gaming in five. Its US business delivered its first full year of profitability last year....
...It was not clear whether Blinken would see Xi, whom the US secretary of state last met in Beijing in June last year....
...Apple, however, is so far missing out on much of that broader industry recovery....
...It noted its request represented just 11 per cent of the recovery, less than the 15 per cent in the previous case....
...But six years later, Invesco is now the central player in one of the ugliest distressed debt brawls in recent memory, already featuring in four different lawsuits in Texas and New York....
...Russia’s largest state-owned lender Sberbank recorded the highest profit in its history last year thanks to a surge in lending, underlining the recovery of the country’s financial sector from the first wave...
...Once the BoJ is no longer the sole major central bank still locked in ultra-loose mode, runs the argument, a revaluation of the yen will come due....
...We find it more revealing to view PMIs within the context of a state model which provides a natural economically intuitive partition between different economic states....
...But Italy is one of several EU member states including Germany and France that have been sceptical of such a move and warned about the implications of seizing assets belonging to a sovereign state, which...
...The European Central Bank meets today to decide monetary policy....
...European earnings revisions are already in the early stages of a recovery from trough levels....
...It states as its “primary interest” the restoring of judicial independence in line with Polish and EU law....
...Unsurprisingly, given the distance between the 49th and 50th states to join the US, the two airlines have few overlapping routes....
...Analysts expect investment banking revenues to rise in the first quarter from low levels a year ago, with activity in mergers and acquisitions and capital markets underwriting showing signs of recovery....
...“At present, our country’s economic recovery is still at a critical stage,” the state news agency Xinhua on Friday quoted Xi as saying in the speech earlier in the week....
...The pre-financing still needs to be approved by the other EU member states, which is likely to take place at the next finance ministers’ meeting in early December....
...Azour stressed that the “recovery is mild, with a lot of caveats”....
...According to the US military’s central command (Centcom), the anti-ship ballistic missile that hit the vessel was launched at 11.30am local time on Wednesday....
...This is likely to worry European Central Bank officials about the risk of persistent inflation that is making them wary of cutting borrowing costs too soon....
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