Turkish Economy - News & Updates

[TrMhMt]

World's economy is slowing down. So "Turkish economy slows" it's not a surprise for anyone. Most of experts believe, predict a economic collapse in 2017.

I suggest you bros. If you have investment somewhere turn 'em into gold investment.

 

[CrimsonFury]

http://www.hurriyetdailynews.com/az...ject.aspx?pageID=517&nID=104466&NewsCatID=348

National Parliament of AzerbaijanRepublic approved Trans Anatolian Natural Gas Pipeline (TANAP) Project on Sept. 30.

Azerbaijani Parliament discussed issues including the cooperation between Azerbaijan and Turkey during the first meeting of the autumn.

The Deputy Speaker of the Parliament, Valeh Alasgarov, noted that Turkey has already implemented all necessary state procedures on the TANAP project.

He underlined that the approval of the Memorandum of Understanding between the two countries was signed on May 26, 2014.

The natural gas pipeline will cost around $9.3 billion and become operational by 2018 with an initial capacity to carry 16 billion cubic meters (bcm) of gas. The total capacity is expected to increase to 23 bcm by 2023 and to 31 bcm by 2026.

Following the completion of the Trans Adriatic Pipeline (TAP), Caspian gas will reach Europe by early 2020.

The State Oil Company of Azerbaijan Republic (SOCAR) holds 58 percent share of TANAP while Turkey's Petroleum Pipeline Corporation (BOTAŞ) holds a 30 percent and BP 12 percent.

October/01/2016

 

[UkroTurk]

According the IMF in 2016 world GDP will increase from 73 trilion dollars to 75 trillion$.

The USAs GDP is 18,7 trillion $.
PRC :12,3 trillion$

The USA are going to be rich more 730 billion$, PRC 869$, India 202billion$
Adamlarin ekonomilerinin buyume miktari bizim yillik milli gelrimize denk.
Bu 2 trilyon dolar nerden gelecek dunyaya?ABD para mi basacak, kredi mi verecek?, tahvil mi bascak? gelirini bu oranda artiramayan ulkeler enflasyon karsisinda reel olarak eriyecek.
Russia and Brazil have negative growth.
http://www.dunya.com/ekonomi/ulkelerin-milli-geliri-28-trilyon-dolar-artacak-haberi-304757

-----------------------2015 -------- 2016
1 USA-----------------17.968,20 ------------18.697,90
2 PRC ------------11.384,80 ------------ 12.254,00
3 Japan ------------------ 4.116,20 ------------4.170,60
4 Germany -------------3.371,00 ------------- 3.472,50
5 England---------------2.864,90 ---------------3.054,80
6 Fransa ---------------2.422,60 ----------------2.488,40
7 India ------------------2.182,60-----------------2.384,70
9 Brezil-------------1.799,60 -------------------1.672,90
15 Russia -----------------1.235,90 --------------1.178,90

16 Endonezya ----------------872,6------------------------ 875,8
18) TURKEY--------------------722,2------------------721,2​

Gross Domestic Product ('GDP') growth forecasts for 2016

 

[Adem Altun]

turkish economy is going to go up

 

[Zulkarneyn]

Have faith in our economy. KSA is starting to drop their investments in USA due to the 9/11 Bill. They are interested in investing hundreds of billions into the Turkish economy. This will boost us. Brace yourselves bros

http://www.ensonhaber.com/suudi-arabistan-613-milyar-dolarlik-yatirim-yapacak-2015-12-30.html

 

[Azeri440]

Have faith in our economy. KSA is starting to drop their investments in USA due to the 9/11 Bill. They are interested in investing hundreds of billions into the Turkish economy. This will boost us. Brace yourselves bros

http://www.ensonhaber.com/suudi-arabistan-613-milyar-dolarlik-yatirim-yapacak-2015-12-30.html

Saudi Arabia doesn't have "hundreds of billions" to spend on itself

 

[OguzSenturk]

Saudi Arabia doesn't have "hundreds of billions" to spend on itself

http://www.businessinsider.com/saudi-arabia-threatens-to-sell-us-assets-over-911-bill-2016-4

 

[Azeri440]

http://www.businessinsider.com/saudi-arabia-threatens-to-sell-us-assets-over-911-bill-2016-4

and?

http://www.mintpressnews.com/imf-says-saudi-arabia-could-be-bankrupt-by-2020/212830/

 

[OguzSenturk]

Saudi Arabia could be bankrupt, because they are Oil-Dependet state (like Azerbaijan, Qatar, UAE etc) and have huge budget deficit.

That is why Saudi Arabia plans to invest few hundred billions of $ into non-oil sector to increase share of GDP in non-oil sector, and survive from low oil price crisis. It explained very well in Zulkarneyn's link if you didnt read it yet

Meanwhile, those hundreds of billions in US are just assets. If Saudi Arabia will sell them, they will invest that money in another country as assets, possibly Turkey and other Saudi partners.

 

[Azeri440]

Saudi Arabia could be bankrupt, because they are Oil-Dependet state (like Azerbaijan, Qatar, UAE etc) and have huge budget deficit.

That is why Saudi Arabia plans to invest few hundred billions of $ into non-oil sector to increase share of GDP in non-oil sector, and survive from low oil price crisis. It explained very well in Zulkarneyn's link if you didnt read it yet

Meanwhile, those hundreds of billions in US are just assets. If Saudi Arabia will sell them, they will invest that money in another country as assets, possibly Turkey and other Saudi partners.

and like I said, Saudis don't have hundreds of billions to invest,
they are having a hard time controlling the massive drain on their FOREX reserves.

that article is from 2015, have you seen any hundred billion investments yet?

that's not how assets work, if like the 9/11 bill for example, they decided to suddenly sell all the assets
they will have to sell them a lot cheaper, thus losing a lot more money than they would make in selling and investing into another country.

 

[OguzSenturk]

and like I said, Saudis don't have hundreds of billions to invest,
they are having a hard time controlling the massive drain on their FOREX reserves.

that article is from 2015, have you seen any hundred billion investments yet?

that's not how assets work, if like the 9/11 bill for example, they decided to suddenly sell all the assets
they will have to sell them a lot cheaper, thus losing a lot more money than they would make in selling and investing into another country.

Wait, do you really think that Saudi Arabia will not invest non-oil sector? Even your government tries to do that, and i don't think that Saudis want to wait until all reverves dry out and just die in the desert

Those investments in that link implies "Investments in Saudi Arabia", not Turkey. And yes they started to invest billions into new transportation and energy sector (both renewable and Gas) projects.

They will not invest 600billion into their contry in 1-2 years, it would take at least 3-4 decade for Saudi Arabia to create huge non-oil sector, and it is not easy. Meanwhile Turkey and other Saudi partners would enjoy Saudi Assets

 

[what]

Saudis could easily privatize partly huge government companies like Aramco and reek in billions, probably the company with the highest value in the world. However yes they struggle a bit right now. Let's hope that the new Opec deal fails.

 

[Constantinople]

Why they dont invest in defense industry ?...they have money and turkish brains ..perfect combination...

 

[-SINAN-]

@cabatli_53

3.5 pages of off topic and racism...could you look at the thread, please.

 

[Bubblegum Crisis]

Saudis could easily privatize partly huge government companies like Aramco and reek in billions, probably the company with the highest value in the world. However yes they struggle a bit right now. Let's hope that the new Opec deal fails.

Saudi Arabia Announces "Vision 2030"

https://defence.pk/threads/saudi-arabia-announces-vision-2030.428163/page-4


Vision 2030 (Official site)


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