Turkish exports advanced four percent year-on-year to reach almost $11.9 billion in April on the back of performances by the steel, automotive, mining and jewelry sectors, the country’s main exporters’ association said on May 1. The Turkish Exporters’ Assembly (TİM) said total exports in the first four months of the year also surged by 6.7 percent from the same period last year. Source Daily Hurriyet
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Dealing a serious blow to President Donald Trump’s agenda, the Senate early Friday rejected a measure to repeal parts of former President Barack Obama’s health care law after a night of high suspense in the U.S. Capitol. Source:France24
Airbus SE said it will almost halve production of its slow-selling A380 superjumbo, casting further doubt over the program’s future, while warning that engine glitches are still weighing on deliveries of the single-aisle A320 that’s due to become its largest-volume model. Source Bloomberg
Media reports claiming that Turkey would buy Russian S-400 air defense systems were not true, U.S. Marine Corps Gen. Joseph Dunford said at a security forum in Aspen, Colorado on July 23. Source Hurriyet Daily