President Recep Tayyip Erdogan’s government is spending billions to prop up the currency amid new economic turmoil. The question is how long it can last.
Tag: Foreign Investments
The New New World: In China, Some Fear the End of ‘Chimerica’
As the trade war with the U.S. threatens to decouple the world’s two largest economies, some in China argue that the two sides benefit from the relationship more than they admit.
The New New World: In China, Some Fear the End of ‘Chimerica’
As the trade war with the U.S. threatens to decouple the world’s two largest economies, some in China argue that the two sides benefit from the relationship more than they admit.
Russian Court Orders Release of Michael Calvey, American Businessman
The financier, who has been ordered to house arrest, has advocated for foreign investment in Russia despite its worsening relationship with the West.
Italy Gives Xi, and China’s Vast Infrastructure Project, a Royal Welcome
Italy would become the first Group of 7 nation to officially join China’s vast One Belt One Road project on Saturday, a sign of Beijing’s growing influence.
In Greece, an Economic Revival Fueled by ‘Golden Visas’ and Tourism
Less than a year after the country ended a multibillion-euro international bailout, property buyers from China and Russia are helping to mend its economy.
La Scala, in Turnabout, Votes to Reject Saudi Investment
The Italian opera house also decided that its board of directors would not include a Saudi representative but said it remained open to collaboration.
China’s Premier Acknowledges Economic Slowdown, Promising Tax Cuts
Responding to concerns raised by the United States and its allies, the premier also denied Beijing asks Chinese companies to engage in overseas spying.
Italy May Split With Allies and Open Its Ports to China’s Building Push
In a move certain to upset American and European Union leaders, Italy appears poised to cooperate in an infrastructure initiative meant to advance China’s global interests and influence.
Huawei Executive’s Life in Detention Seems Luxurious to Some Canadians
Many Canadians see the case of Meng Wanzhou, who can travel relatively freely with a GPS tracker, as an example of foreign money’s influence in Vancouver.