Economic geography

Turkey attracted $12.1 billion in foreign direct investment (FDI) in 2016, higher than expected in light of the latest developments in both Turkey and the surrounding region, a top association announced on Feb. 24. 

The language and the words we use are only the end results of what we have produced. Humanity is used to create a language at certain times. However a bunch of those words passes their shelf lives in due time, making them lose their function and meaning.
 

The question that never changes when I return from the World Economic Forum (WEF) in Davos has always been "Who are the people and events that marked Davos this year? 

Chinese President Xi Jinping presented himself as a champion of globalization on Jan. 17, lecturing the world elite in Davos on the dangers of protectionism and the futility of trade wars.

Estimates of a brisk fall in the value of foreign direct investment (FDI) into Bulgaria are "not quite correct", Stamen Yanev, who heads the country's investment promotion agency, has said.

The year 2016 was a "successful" year in the view of InvestBulgaria Agency, Yanev has told Bloomberg Tv Bulgaria's morning talkshow in an interview.

Beijing has pledged to open up more economic sectors to foreign investment, an official statement said, as foreign chambers of commerce complain of a worsening business environment in the country.

China's non-financial outbound direct investment (ODI) is likely to hit 1.12 trillion yuan ($161.19 billion) in 2016 and foreign direct investment into China will total 785 billion yuan, Commerce Minister Gao Hucheng said on Dec. 26. 

Turkey received $889 million in foreign direct investment (FDI) in October, the Turkish Economy Ministry said on Dec. 23.        

Foreign investment in Turkey reached $8.62 billion in the first 10 months of 2016, down by 44.3 percent compared to the same period last year.        

Foreign direct investment (FDI) into Bulgaria dropped by 46.1% year-on-year in the first ten months of 2016, the country's central bank BNB has said, citing preliminary data.

Over that period, FDI decreased by EUR 806.2 M to EUR 942 M. Last year, the respective value was EUR 1.7483 B.

In a wide-ranging interview with Bloomberg News Editor-in-Chief John Micklethwait in New York on Friday that touched on topics from women’s issues to Brexit, International Monetary Fund’s managing director made it clear that politicians need to develop new ways of promoting open markets that rely on small trade deals, helping those who feel left out.