Presidency of Barack Obama

Turkey ran a budget surplus of 6.4 billion Turkish Liras ($1.8 billion) in May, mainly thanks to a significant boost in tax revenues, Finance Minister Naci Ağbal stated on June 15.       

The surplus was boosted by a 20.3 percent leap in tax revenue, taking tax revenue to 50.9 billion liras ($14.5 billion), Ağbal said in a written statement. 

Tax authorities have launched a wave of confiscations in response to the steady growth of expired debts to the state, which since 2014 have been increasing at a rate of 1 billion euros per month.

With everybody being upset about the possibility that the US President Donald Trump will withdraw the USA from the Paris Accord, we present you here what Trump side’s arguments are:

Calls are growing for President Trump to “clean house” at 1600 Pennsylvania Avenue, after a series of leaks aimed at embarrassing and undermining the president sprung from the White House this week.

Flickr/ Heinrich-Böll-Stiftung

Conservative watchdog Judicial Watch is suing to obtain records of US government dealings with billionaire George Soros' network of nonprofits in FYROM (Macedonia), which stand accused by the country's government of fomenting regime change.

The Turkish government ran a budget deficit of 19.5 billion Turkish Liras ($5.32 billion) in March and 14.9 billion liras ($3.7 billion) in the first quarter, mainly due to temporary measures and tax cuts to boost the economy, Finance Minister Naci Ağbal stated on April 17.

U.S. Federal Reserve Vice Chair Stanley Fischer said there was significant uncertainty about U.S. fiscal policy under the Trump administration, but the Fed would be strict in meeting targets of creating full employment and getting inflation to 2 percent.

"Passing the TPP [Trans-Pacific Partnership] is as important to me as another aircraft carrier," said former U.S. Defense Secretary Ashton Carter two years ago, as the negotiations on the huge new free trade organization were nearing completion.

The Turkish cabinet issued a long-waited "attraction area program" on Nov. 28, 2016, covering 23 provinces in eastern and southeastern Anatolian regions. Applications to the Development Bank of Turkey and local development agencies for the incentives offered by the program began on Jan. 24.  

Just as expected, it has been a week of wonders in the U.S. capital for civil servants who have struggled to keep pace with new President Donald Trump's executive orders, which have included his infamous campaign pledge to construct a wall on the U.S.-Mexican border.