World Bulletin / News Desk
Morgan Stanley dropped its expectation for Turkey's current account deficit in 2012 to 6.9 percent.
The expectation for 2013 was also decreased to 6.5 percent.
Morgan Stanley's prediction for Turkey's current account deficit in 2012 had been 7.5 percent, and it revised the expectation as 6.9 percent for 2012, and as 6.5 percent for 2013.
The company also stated that Turkey's credit rating could be increased, if the country pursued a sound fiscal performance and sustained a financial balance.
Morgan Stanley also predicted that Turkey's rate of inflation in June would decrease 0.4 percent when compared to May due to reducing oil prices and demands.
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 43 countries.
Monday’s dailies cover terrorist attacks in southeastern Turkey as well as Labor Day celebrations across country
According to preliminary reports, some injuries have been reported in attack in Diyarbakir province’s Dicle district
Six of 17 suspects involved in Wednesday's Bursa suicide blast have been remanded in custody
An e-Food card has been introduced in Turkey three years ago to better secure Syrian refugees' needs
Almost 24,500 police officers are on duty in Turkey's largest city
Suspected car bomb in Gaziantep, southeastern Turkey, martyrs officer, injures police and civilians
Ankara officers detain four people accused of preparing an attack during International Labor Day demonstrations
PM Davutoglu says terror groups like PKK, ISIL and DHKP-C have been working in tandem against Turkey
'Our goal is to be totally self-sufficient by 2023,' Turkish president says
Numerous roads and extra police have been stationed in preparation for May Day in Istanbul
The Turkish military has confirmed one soldier has died in anti-PKK operation in southern Turkey
The Muslim philosopher and national poet of Pakistan has been commemorated in Turkey in a ceremony in the capital
Turkish president commemorates a historic battle between the Ottoman Army and British forces 100 years ago
Gurbulak-Bazargan customs gate between Iran and Turkey to be rebuilt, Turkish trade minister Tufenkci says
Friday's dailies cover speculation on the identity of the person behind Wednesday's deadly blast in Bursa