While Turkey’s economy expanded by more than 7 percent last year, some signs point to economic turmoil ahead. Foreign capital has been leaving the country and one in five young people are out of work.
The National Bureau of Statistics said that while growth has slowed, it still managed to remain relatively steady. Beijing has decided to focus on consumer spending to ride out a trade spat with the United States.
Venezuela has suffered from a severe political and economic crisis since a collapse in oil prices several years ago. It has sought to bolster its ties with Turkey as it faces down a range of US sanctions.
Migrants from across the European Union have made a considerable contribution to economic growth in Europe's powerhouse, a fresh study by a leading German think tank reveals. But they don't always get the jobs they want.
Turkey has been exempt from oil sector sanctions imposed by Washington on the regime in Tehran. But Turkish businesses fear the possible consequences of a likely shift in Donald Trump's mood toward Turkey.
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