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How Syrian refugees contributed to Turkish economy

  Syrian investors pumped approximately 58.7 million Turkish liras (about $7 million) into 124 companies during the first quarter of this year, according to statistics published May 1 by the Union of Chambers and Commodity Exchanges of Turkey. While this was only a fraction of the more than 3,200 foreign companies established in Turkey in cooperation with local Turkish partners in the first quarter, it still shows the value of Syrian investment in the country. The large number of Syrian refugees in Turkey it was estimated at 3.6 million last year has helped lead to a 5% overall increase in the number of companies registered in Turkey. As of December 2019, the number of Syrian-owned companies in Turkey was about 13,880, accounting for 29% of the foreign-owned companies in the country, with a capital of about 4 billion Turkish liras ($480 million), the Turkish trade minister said in January 2020. Most of these companies are active in construction, wholesale trade

Illinois Bustos Not Seeking Reelection

In a video posted on Twitter, Bustos says, “I feel it’s time for a new voice.” Bustos represents Illinois’ 17 th District, a largely rural district, and has served on the House Agriculture Committee since first being elected in 2013. This Congress, Bustos chairs the Subcommittee on General Farm Commodities and Risk Management. The subcommittee has jurisdiction over policies, statutes and markets relating to commodities like corn, soybeans, wheat, pulse crops and more. It also oversees the Commodity Credit Corporation and crop insurance programs. Congresswoman Bustos also serves as a member of the Subcommittee on Commodity Exchanges, Energy and Credit. Bustos made the announcement on Friday.

Turkey - Factors to Watch on April 28

Turkey - Factors to Watch on April 28 Reuters 2 hrs ago ANKARA, April 28 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday. The lira closed at 8.22 on Tuesday. The main BIST 100 share index rose 1.3% to 1,392.00 points on Tuesday. GLOBAL MARKETS Asian shares were mixed on Wednesday as already high valuations discouraged investors from buying equities ahead of a closely-watched U.S. Federal Reserve meeting. ERDOGAN PROGRAMME President Tayyip Erdogan will receive Rifat Hisarciklioglu, the chairman of Turkey s Union of Chambers and Commodity Exchanges (TOBB), at the presidential palace in Ankara (1345 GMT). CYPRUS TALKS United Nations Secretary-General Antonio Guterres urged Turkish and Greek Cypriot parties to be creative on Tuesday as informal talks started on the island s future after a four-year stalemate in peace negotiations.

The Distributed Ledger: Blockchain, Digital Assets and Smart Contracts - April 2021 | Skadden, Arps, Slate, Meagher & Flom LLP

The Distributed Ledger: Blockchain, Digital Assets and Smart Contracts - April 2021 | Skadden, Arps, Slate, Meagher & Flom LLP
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.

Turkey: New company launches leap in Q1

More than 32,000 new businesses started in January-March, jumping 15% year-on-year, according to top business body Tuba Şahin   | 16.04.2021 ANKARA  The number of newly established companies in Turkey surged 15% year-on-year in the first quarter of this year, the country s top trade body said on Friday. A Union of Chambers and Commodity Exchanges of Turkey (TOBB) report showed 32,064 companies were formed this January-March, up from 27,908 a year ago. In the first three months of this year, 2,694 firms went out of business, a figure down 27.3% compared to the same period in 2020. A total of 3,218 foreign-partnered or foreign-funded new companies were launched in the month. Monthly figures

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