Asia-Pacific Economic Cooperation

The number of paid employees in Türkiye's industry, trade and services, construction sectors increased by 3.4 percent in July from a year ago to reach an all-time high of 15.89 million, according to data from the Turkish Statistical Institute (TÜİK) on Sept. 16.

Türkiye exported $7.2 billion worth of automotive supply industry products in the first half of the year, up 1.1 percent compared to the same period last year.

Subsidiary industry products accounted for 40.9 percent of total automotive exports with $17.7 billion in the first six months of this year.

The number of paid employees in the industry, construction and trade-services sectors increased by 4.6 percent annually in April to 15.3 million, according to data from the Turkish Statistical Institute (TÜİK).

Growth in Cyprus will be at 2.9% in 2024, according to the April projections published on the website of the republic's Ministry of Finance.

For the years 2025-2027, GDP is expected to grow further by 3.1%, 3.2% and 3.3% respectively. 

The annual increase in industrial production picked up sharply from 1.3 percent in January to 11.5 percent in February, data from the Turkish Statistical Institute (TÜİK) have shown.

In the same month of last year, the country's industrial output slumped 8.8 percent year-on-year.

The value of the retail trade turnover in Cyprus last year recorded a substantial increase of 8.9%, while the volume of retail trade turnover saw growth of 5.8%.

The retail sales volume at constant prices rose by 12.8 percent in November from a year ago, with the pace of year-on-year increase slowing from 13.4 percent in the previous month, according to the official data.

President Joe Biden is gearing up for a pivotal engagement with Chinese President Xi Jinping, emphasizing the pivotal goal of reestablishing normalized and consistent communication channels between the United States and China.

The presidents of the United States of America and China, Joseph Biden and Xi Jinping, will meet today at the Filoli estate, 30 miles south of San Francisco, where they will discuss bilateral and global issues for about four hours, sources familiar with the plan of the meeting told the Voice of America (VOA).

The United States and China are the two global economic heavyweights. Combined, they produce more than 40 percent of the world's goods and services.

So when Washington and Beijing do economic battle, as they have for five years running, the rest of the world suffers, too.