Global pendulum swings to protectionism again

The rising tide of trade protectionism might trigger global responses to U.S. policies, but trade protectionism shall be considered with its broader impact on international financial movements as well.

Turkey: Private sector loans from abroad on rise

The Turkish private sector’s outstanding long-term loans received from abroad rose to $225.7 billion in January 2018, while short-term loans stood at $18.9 billion, according to an official report on Thursday.

Turkey, Sudan to found agriculture, livestock company

Turkey and Sudan will establish a joint agricultural and livestock company, the Turkish government’s Official Gazette announced on Thursday. Under the agreement, around 780,000 hectares in Sudan across five regions were earmarked for investment by Turkish entrepreneurs.