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Turkey and The UK Redefining Economic Relations: Innovative Free Trade Agreement on The Horizon!
Trade Minister Ömer Bolat, in a statement on social media, said, “As a result of constructive cooperation between Turkey and the United Kingdom, our trade volume reached $19 billion in 2023. Our goal is to continue this positive trend and increase our trade volume by accelerating our efforts. To achieve this, we have taken a…
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Japan’s Demographic Crisis: An Aging Population!
According to government data released in Japan, the country’s population fell to 124,352,000 as of October 2023. This figure marks the fastest rate of decline recorded so far. Japan has faced an aging population for the last 13 years. The record-breaking decrease in 2023 is dragging the country into a demographic crisis. Despite government efforts…
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Fitch Praised Turkey
In its latest report, the international credit rating agency Fitch Ratings upgraded Turkey’s long-term credit rating from “B” to “B+” and changed the credit outlook from “stable” to “positive.” This marks the first increase in Turkey’s credit rating by Fitch after a 12-year hiatus. Fitch’s report highlighted that the tight monetary policy followed by the…