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Economics Gazette

Economy and Business news




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January 18, 2018

Archives for January 2018

Turkish debt

Turkish debt rose by 58% in 2017

Turkish debt in 2017 has reached 47.4 billion TRY (12.9 billion USD), representing increase of 58% compared to 2016 when it was 29.9 billion TRY. This was made clear at a press conference by Finance Minister Naci Agbal. Despite the dramatic increase in his words, the government has achieved its goals, defining the budget balance

Bitcoin

Bitcoin price collapsed by 25% in a day

The Bitcoin continues to fluctuate slight over 10,000 USD falling 26% in Asian trade and continue its free fall during the European session. The depreciation of the cryptocurrency with largest market value continues, against the backdrop of the increasing intentions of regulators around the world to introduce rules to curb the growth of the cryptocurrency

UK inflation

UK inflation declined to 3% in December 2017

The UK inflation declined to 3% in December 2017 from 3.1% a month earlier. The United Kingdom National Statistics Office explained that, despite the increase in air travel charges, this had a much smaller effect than it was for the same period in 2016. The decreasing toy and toy prices in December also contributed to

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