Economists all around the world will debate the global crisis in Girne, the Turkish Republic of Northern Cyprus (TRNC) in September.
Turkish Economic Association will organize the Second International Conference on Economy in Girne between September 1 and 3.
The conference entitled "The Global Economy After the Crisis: Challenges and Opportunities" will focus on impact of the global economic crisis.
Masahiko Aoki of the Stanford University who is also the president of International Economic Association; Guillermo Calvo of Columbia University who was the former president of the agency; Graciela Kaminsky of George Washington University; Fiorella Kostoris of University of Rome; Stephen Turnovsky of University of Washington; and Yu Yongding, the director of Chinese Institute of World Economics and Politics; are expected to participate in the conference.
Turkey's Finance Minister Mehmet Simsek and Central Bank Governor Durmus Yilmaz will also speak in the conference.
The conference will allocate two special sessions on Japanese economy with participation of five Japan economists as 2010 is celebrated as the year of Japan in Turkey.
The Second International Conference on Economy aims to generate a meeting ground for scholars and policy oriented economists from the universities, public and private sectors and multilateral organizations through invited and contributed sessions.
Volatility eased as traders focused on the world economy and corporate earnings after a week dominated by the dramatic spike in tensions over North Korea, which triggered a global sell-off before prices bounced back Monday.
Investors greeted the more conciliatory tone after US stocks dropped three days in a row last week on President Donald Trump's vow of "fire and fury" if North Korea continued to pursue its nuclear weapons and ballistic missile programs.
The ultra-conservative kingdom has moved to diversify its traditionally oil-dependent economy following a sharp fall in crude prices.
In its monthly report on the global oil market, the International Energy Agency said, however, that it believes the supply glut is easing, partly because demand is growing faster.
US stocks have been in retreat since President Donald Trump Tuesday issued a fiery warning to North Korea to halt its nuclear program.
The move by one of Japan's best-known firms greatly reduces the chance of an embarrassing delisting from the Tokyo Stock Exchange (TSE).
London's benchmark FTSE 100 index weakened by 0.5 percent to 7,503.39 points.
The approval by the European Commission comes just over two months after the European Central Bank -- which took on the role of the eurozone's banking supervisor in 2014 -- allowed the sale to go ahead for a symbolic fee of one euro.
BP, Chevron, ExxonMobil, Shell and Total have all published results in recent days, showing they pocketed $23 billion in net profit in the first half fo the year.
Higher cereal, sugar and dairy prices pushed food price index by 10.2 percent annually in July
HSBC was also a big riser, gaining three percent at £7.65 ($10, 8.5 euros) in late morning trade after the British banking giant announced a share buyback plan alongside a rise in first-half profits.
Both main crude contracts made strong gains, with WTI testing $50 a barrel for the first time since late May and Brent heading towards $53, while mining giants BHP Billiton and Rio Tinto saw their share price rise as commodities strengthened.