Turkey expects to surpass growth target for end-2004
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Turkey's economy is expected to grow at least some eight percent in 2004, beating the year-end target of five-percent, the country's deputy prime minister said.
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The world&#39;s developing countries this year will turn in the strongest economic growth in three decades and should continue to enjoy solid expansion in 2005 and 2006, the World Bank predicted Tuesday.
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PARIS The Organization for Economic Cooperation and Development raised its 2004 growth outlook Tuesday for the world economy, forecasting further expansion in Europe and a robust upturn in Japan that would outpace the United States for the first time in
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WASHINGTON -- By 2020 the world's economy will have grown by 80 percent and average incomes will have risen by half as India and China -- which together will account for more than a third of the planet's population -- surpass Europe and compete with the United States as the major global powers, top US intelligence analysts forecast yesterday.
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With a green light from the EU for membership talks and an IMF pledge for fresh loans in the bag, Turkey prepares to launch a new currency on January 1 in another landmark move highlighting its progress toward long-sought economic success and stability.
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The global economy should register its strongest growth in 30 years in 2004 despite soaring oil prices, which are expected to restrain the US expansion a bit, the International Monetary Fund said Wednesday.
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BRUSSELS, Sep 6 (IPS) - Turkey's case for joining the EU improved with  the publication of a report Monday setting out the advantages  this would bring to the bloc.
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Rising oil prices are expected to hit China's growth rate this year.
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ANKARA, Dec 15  - Raising its tone on the eve of a critical summit, Turkey warned the European Union Wednesday that it would not hesitate to give up its 40-year dream of joining the bloc if it is offered a status falling short of full membership.
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Turkey came a step closer to fulfilling a 40-year-old dream when the European Commission recommended that the EU should begin membership talks with Ankara.
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MANILA : The economies of developing Asia can expect gross domestic product (GDP) growth to hit 7.0 percent this year despite rising world oil prices, the Asian Development Bank (ADB) said on Wednesday.
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Turkey's government hopes new currency will set the country on a path to international respect and economic stability.
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Turkey expects its troubled European  Union membership talks to move forward before the end of the  year with the opening of some policy chapters in negotiations,  Foreign Minister Abdullah Gul said on Tuesday.
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Turkey&#39;s moment of truth is fast approaching. On Oct. 6, the European Commission is due to publish its report on whether Turkey is ready to start negotiations for membership of the European Union.
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Turkey reaches a draft agreement with the International Monetary Fund to borrow an extra $10bn over the next three years.
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But the overall market should still show growth over the year, researchers say.
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Turkey will fulfil all the criteria of the Maastricht treaty in five years in its bid to gain acceptance to the European Union, the country&#39;s economy minister said in a newspaper interview published ere Wednesday.