Money Talks

- SenseTime delays Hong Kong IPO after US ban

- Saudi Arabia expects first budget surplus in 8 years

- Rio Tinto to write off $2.3B Oyu Tolgoi loan

#SenseTime #SaudiArabiaBudget # RioTinto

Data released by Turkish authorities on Monday has shown the strength of the domestic economy. Better than expected numbers on factory output and retail sales are signs that local businesses have been able to weather the effects of global supply chain bottlenecks. Turkish consumers have also been spending more, thanks partly to the lifting of COVID-19 social distancing restrictions. That's boosted hopes that GDP growth will hit double digits by the end of the year, in line with government targets.

Piri Reis University Economics Professor Erhan Aslanoglu joined Newshour to talk about Turkiye's economy.

#TurkiyeEconomy #TurkiyeIndustrialOutput #TurkiyeCurrentAccount

Cuban entrepreneurs Henry and Yendri Garcia have long sold home-made ice cream in their small town outside Havana. But now they're dreaming beyond the single scoop. Communist-run Cuba lifted a ban on private companies in August, and now many are looking for the perfect business opportunity.

#CubaPrivateSector #CubaEconomicReforms #HavanaIceCream

Electric car sales have been surging in Turkey since the start of the year. A growing number of customers are turning to battery-powered models, which may be more expensive off the lot, but are a lot cheaper to run. While the boom is still in its infancy, local companies are investing heavily to support the industry's growth.

Hasan Tufan is a transportation and communications specialist at the Turkish Transportation and Infrastructure Ministry. TRT World Senior Business Producer Paolo Montecillo spoke to him on the sidelines of the E-Drive exhibit in Istanbul, where they talked about what the government wants to achieve in the adoption of electric vehicles.

#ElectricCars #TurkeyEVMarket #TurkeyElectricVehicles

Businesses across the US continue to face hiring challenges. In September a record 51 percent of small business owners reported job openings they couldn't fill, according to the National Federation of Independent Business. But for some there's an unlikely solution - teenagers. Kyoko Gasha paid a visit to a supermarket to find out more.

#USLabourShortage #HolidaySeason #TeenWorkers

Retail prices in the world's largest economy shot up at their fastest pace in almost four decades in November as high oil prices drove up energy costs.

TRT World Senior Business Producer, Mobin Nasir joined us in Istanbul.

#USInflation #OilPrices #USConsumerPrices

China Evergrande has been struggling to pay its debts for months. And it's not the only Chinese property developer in trouble. On Thursday, the company and rival Kaisa both finally defaulted, according to ratings agency Fitch. The government is stepping in to contain the crisis within the sector and mitigate its impact on the broader economy.

Einar Tangen joined us from Beijing. He's an independent political and economic affairs commentator and a senior fellow at the Taihe Institute.

#Evergrande #EvergrandeDefault #KaisaGroup

- Turkey's unemployment rate falls to 11.2% in October

- UK GDP growth slows in October due to supply chain issues

- Daimler Truck shares surge after split from Mercedes

#TurkeyUnemployment #UKGDP #DaimlerTruck

- Italy fines Amazon $1.3B for abusing market power

- Chinese consumer prices rise 2.3% in November

- US reportedly to blacklist Chinese AI firm SenseTime

#ItalyAmazon #ChinaInflation #SenseTime

- Tadawul Group shares surge on Riyadh debut

- TUI annual losses narrow, but Omicron a concern

- Chinese developer Kaisa suspends share trading

#Tadawul #TUI #KaisaGroup