Turkey’s trade deficit jumps 160% in August

Data published by the Turkish Statistical Institute on Friday, September 30, showed that the country’s foreign trade balance deficit rose by 159.9% on an annual basis to $11.19 billion in August, affected by a 40.4% increase in imports. The data indicated that imports amounted to $32.53 billion, while exports rose by 13.1 percent to $21.34 … Read more

Volkswagen may withdraw production from Germany and Eastern Europe while maintaining a shortage of gas

German automaker Volkswagen may withdraw production from Germany and Eastern Europe if problems with gas supplies persist in the region. Writes about it Bloomberg referring to a statement by VW’s purchasing director, Geng W. He said that this is one of the options that the company is considering in the medium term in case the … Read more

Your withdrawal – Newspaper Kommersant No. 173 (7374) dated 09/20/2022

According to Kommersant, to cover the budget deficit, the government wants to collect about 1.4 trillion rubles from raw material exporters. in 2023 by increasing export duties and MET rates. Among other things, it is proposed to increase the export duty on gas to 50%, introduce a duty or its equivalent for LNG exports, as … Read more

Work with departure – Newspaper Kommersant No. 172 (7373) of 09/19/2022

Almost two-thirds of Russian employers are ready to invite employees from other regions in order to get rid of the shortage of personnel, follows from a study conducted by experts from the TalentTech holding and the Avito Rabota platform. The highest demand is for out-of-town IT-specialists, managers, advertisers and “salespeople”. Those moving to another region, … Read more

Tanger-Tetouan-Al Hoceima: dam reservoirs in deficit of 306 million m3 compared to 2021

The reserves of the large dams in the region reach 744.48 million m3, i.e. a filling rate of about 43.23% of the capacity of the dams, which stands at 1,721 million m3, indicates a report by the General Directorate of Water, under the Ministry of Equipment and Water. The reserves of the dams in the … Read more

Bank liquidity deficit narrows

Kiosk360. Last week, the money market experienced an easing of the bank liquidity deficit. The primary market did not record any raising of the Treasury while the secondary market was characterized by an increase in volume. This article is a press review taken from the daily Les Inspirations Eco. The alleviation of the bank liquidity … Read more