Goodwill Pharma seeks investors for Serbian expansion
News from Emerging Markets
Turkey's gross external debt stock increased slightly in the first half year to $401.7 billion from $388.2 billion in the fourth quarter of last year, the Turkish Treasury said Tuesday. Data showed that Turkey's private sector debt constituted 69.2 percent of the overall foreign debt, up from 68 percent at the end of last year.
For four months in a row, the central government (comprised of Treasury, Social Security and Central Bank) has shown a primary deficit in its accounts. Said in a clearer way: since May, the Treasury has been going to market to raise funds, through the issuance of government securities, in order to pay its regular expenses and investments.
President Aquino yesterday pledged that the special powers he is asking from Congress would be used solely to address the projected power crisis next year. He noted that there are sectors that have expressed concerns about his request.
The foreign direct investments (FDI) net flow attained in 2013 some 2.712 billion euro, of which 2.427 billion euro contribution to one's own capital (89.5%) and 285 million euro net credit from the foreign investors (10.5%), the data released by the Romanian central bank (BNR) say on Tuesday.
The Finance Ministry has prepared contingency measures in the newly approved 2015 state budget to anticipate future shocks, including one that may emerge from the planned increase of the US interest rate.
It seems unfeasible that Russia, which holds a fifth of the planet's forests, could run out of wood. And yet it is happening, at least with commercially usable forests, environmental analysts say.
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