Erdogan declares that Turkey will open 1,000 new markets in order to combat high inflation!
On Sunday, Tayyip Erdogan, president of Turkey has ordered agricultural cooperatives to open about 1,000 new markets across the country to provide “suitable” prices for consumer goods. Construction is to start quickly on the shops to provide Turks “cheap and high-quality goods” and to “balance out markets”, he said, after consumer price rises to levels […]
BASF reports second-quarter beat, says no Delta impact so far
The world’s largest chemical producer BASF (BASFn.DE) reported a better-than-expected second-quarter net profit on Wednesday, saying the spread of Delta coronavirus variant has not interrupted orders from industrial customers so far.
Commodity Prices to Stabilize after Early 2021 Gains, Supported by Global Economic Recovery
Path of commodity prices depends on pace of recovery and containment of COVID-19 WASHINGTON, April 20, 2021 – Commodity prices continued their recovery in the first quarter of 2021 and are expected to remain close to current levels throughout the year, lifted by the global economic rebound and improved growth prospects, according to the World Bank’s […]
