Hasan Tuluy, a Turkish national and a strong supporter of inclusive growth, will become the new World Bank Vice President for Latin America and the Caribbean as of January 1st, 2012. Mr. Tuluy will oversee the Bank’s lending, knowledge, and poverty-fighting operations in the region, which totaled US$9.6 billion in fiscal year 2011, according to The World Bank .
Yves-Marie Laouenan, deputy chairman of the Turkish-French Trade Association, stated that the bill that makes denial of the alleged Armenian genocide a punishable crime, which passed in the French Lower House on Dec. 22, was approved by a small community and does not represent the majority of French people.
Turkish Energy & Natural Resources Minister Taner Yildiz has said that direct investments in energy sector exceeded 3.5 billion USD in 2011 in Turkey. The share of private sector was over 60 percent in energy production in 2011, added Yildiz who held a press conference in Ankara on Thursday.
Turkey attracted a new investment valued at $510 million by India’s Aditya Birla Group, a $35 billion multinational company, to establish a viscose staple fibre (VSF) plant in the southern province of Adana, company officials told a press conference Thursday in İstanbul while they said the group mulled over new investments in the country.
