Anadolu Agency

Survey forecasts no change in interest rates

Turkey's Central Bank is expected to keep interest rates unchanged next week, according to an Anadolu Agency survey on Aug. 14. 

The eighth monetary policy committee (MPC) meeting of this year will be held on Thursday (Aug. 20) to announce the bank's decision on interest rates.

A majority of 22 economists surveyed by Anadolu Agency forecast no change in interest rates.

Current account registers $2.9 bln gap in June

Turkey's current account balance posted a deficit of $2.93 billion in June, slightly down from the market expectation, according to the Turkish Central Bank data on Aug. 14.

The June figure widened by $2.8 billion from the same month last year, data showed.

The country's 12-month rolling deficit totaled at $11.1 billion, the bank said.

Ankara hosts photo exhibit on Pakistan

Pakistan's Embassy in Turkey is hosting a seven-day photo exhibit in the capital Ankara. 

The exhibit - "Colors of Pakistan Through the Eyes of Turks," done in coordination with Anadolu Agency and the Ankara Metropolitan Municipality - features 52 sheets of photographers, including Anadolu Agency photojournalists Metin Aktas and Ismet Keten.

UPDATE Coronavirus: How the health crisis has influenced the activity of European news agencies

The health crisis caused by the coronavirus pandemic greatly influenced the activity of European news agencies in terms of working procedures, and some expect a drop in revenues, according to the directors of some of these media outlets in interviews published on Monday on the European Alliance of News Agencies (EANA) website.

Curbing land degradation key to ending desertification

The first thing to be done in the fight against desertification is to prevent land degradation and then engage in restoration that rehabilitates the destroyed land, experts said. Caused primarily by human activities and climatic variations, desertification directly affects human life and the sustainability of the planet.

Pages