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Turkey 2013-2023 (video)

Star – Large scale infrastructure, energy, and transportation projects throughout Turkey are progressing rapidly. Designed to contribute to the 2023 vision, which is a set of goals to be reached by the Republic of Turkey’s centennial in 2023, these projects represent the culmination of the giant leap taken in the last decade towards a well-developed and prosperous Turkey that seeks …

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Chinese premier to attend Europe summit, sign Russia rail deal

Chinese Premier Li Keqiang will attend a summit of European and Asian leaders on a trip starting next week that will also include a visit to Germany and the signing of energy and high-speed rail deals with Russia, the government said. Li’s Oct. 9-16 swing through the continent is his second this year, and culminates in the Asia-Europe Meeting (ASEM) …

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US to keep gem import ban in Myanmar sanctions

The United States updated sanctions on Myanmar on Wednesday to maintain a ban on importing rubies and jade amid a relaxation of curbs on U.S. trade with the Southeast Asian nation, American officials said. President Barack Obama’s executive order continues a gradual lifting of sanctions since the military government that had run the country also known as Burma for five decades stepped …

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China’s Tax Incentives for High-Tech Enterprises

Aug. 8 – While many of China’s key tax incentives dried up with the Corporate Income Tax (CIT) Reform in 2008, the government still offers various tax incentives to promote sectors deemed beneficial to the development of the country’s economy. The technology sector, for instance, is one area that China is keen to promote and, as a result, qualifying enterprises …

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Is India in danger of another crisis?

Is India in danger of another crisis? And could it hold lessons for others? A weak currency won’t necessarily lead to a crisis. But, if it makes it harder to pay for a deficit that is owed to overseas creditors, that’s when it could become a problem. That’s what the newly appointed governor of the RBI, the Indian central bank, …

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Going global: expanding into new markets is key to growth

If your business is considering moving into international markets, whether that’s opening an office in China or exporting goods to Brazil, you’re not alone. A quarter of ambitious businesses say that expanding into new markets is their primary route to fast growth. This article was sponsored by GrowthAccelerator. That’s according to the annual report fromGrowthAccelerator, Where High Growth Happens, which analyses …

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China export rebounds

BEIJING — Surprisingly strong rebounds in China’s exports and imports in July offered some hope that the economy might be stabilizing, government data showed Thursday, after more than two years of slowing growth, although an imminent rebound still looks improbable. Data from the Customs Administration showed exports had risen 5.1 percent in July from the same month last year. Analysts …

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JPMorgan Chase is facing criminal and civil investigations

JPMorgan Chase is facing criminal and civil investigations by the Justice Department involving its sales of mortgage-backed securities in 2005 to 2007, the bank said in a regulatory filing Wednesday. Investigators from Justice’s civil division have “preliminarily concluded” the nation’s largest bank broke the law, JPMorgan said in the filing. The disclosure is tucked into a single paragraph on page …

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Biden to deliver policy speech on India’s role in Asia-Pacific

S Vice President Joe Biden will deliver a US foreign policy speech today reflecting India’s growing role in the Asia-Pacific region before leaving for his maiden visit to India. “The Vice President will focus on the United States’ enduring commitment to the rebalance toward Asia, India’s growing role in the Asia-Pacific region, and the critical importance of deepening US trade …

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IMF still sees China’s growth at 7.75%

Fund (IMF) said on Wednesday China’s economy was on course to grow 7.75% this year — higher than the government’s own 7.5% target and actual growth of 7.6% in the first half of the year. Prospects for the world’s second-largest economy were “clouded by mounting domestic vulnerabilities in the financial, fiscal and real estate sectors”, the IMF said. But the …

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