Turkey Current Affairs - 2019

Category Wise PDF Compilations available at This Link

US to End Sanctions Waivers to India

Reports suggest that the US could terminate the sanctions waivers it granted to some importers of Iranian oil after it re-imposed sanctions on Iran last year. Ending of Sanction Waiver Reports indicate that the US has already communicated to seven countries viz. Japan, South Korea, Turkey, Italy, Greece, China and India- that they will no longer Read More…

Month:  Categories: International

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World Economic Outlook April 2019

The International Monetary Fund (IMF) in the World Economic Outlook 2019 April report has made the following forecasts: The global growth will be 3.3% in 2019, down from 3.6% in 2018 and 4% in 2017. The reduced growth rates are attributed to lower global expansion in the second half of 2018 caused by U.S.-China trade Read More…

Month:  Categories: Business, Economy & Banking

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Counterfeit, Pirated Goods and Global Trade

The assessment  by EU Intellectual Property Office (EUIPO) and the Organisation for Economic Co-operation and Development (OECD) carried out based on data from almost half a million customs seizures by international enforcement agencies highlights the following: Global sales of counterfeit and pirated goods have increased to USD 522 billion a year, amounting to a whopping 3.3 per Read More…

Month:  Categories: Business, Economy & Banking

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India, a Key Hub for Illicit Drug Trade: UNODC

The latest report released by the United Nations Office of Drugs and Crime (UNODC) has referred to India as a Key Hub for Illicit Drug Trade. Findings of the UNODC Report India is one of the major hubs of illicit drug trade ranging from age-old cannabis to newer prescription drugs like tramadol, and designer drugs like Read More…

Month:  Categories: International

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US Plans To End India’s Preferential Trade Status

President Trump notified the Congress his intent to terminate trade benefits for both India and Turkey under the Generalized System of Preference (GSP) eligibility criteria. India and GSP About 2,000 products, including auto components and textiles, can enter the US duty-free if the beneficiary developing country meet the eligibility criteria. India was the largest beneficiary Read More…

Month:  Categories: Business, Economy & Banking

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World Steel Association Report: Key Facts

The World Steel Association has released a Report highlighting various trends related to the Industry, they are: China is the largest producer of crude steel and it accounts for more than 51 per cent of global production. China’s share has been increased from 50.3 per cent in 2017 to 51.3 per cent in 2018. The Read More…

Month:  Categories: International

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World Economic Outlook Report: Key Facts

The International Monetary Fund has released the global wealth forecasts for 2019 in its World Economic Outlook report. The important findings of the IMF forecast are: IMF cut its estimate for global growth in 2019. World Economic Outlook (WEO) projecting global growth at 3.5% in 2019 and 3.6% in 2020 is 0.2 and 0.1 percentage Read More…

Month:  Categories: Reports & Indices

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