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ECONOMIC FORUM
in her first presentation to
the Representatives Council,
stated that unemployment
has not yet been lowered to
desired levels in the USA. The
report emphasizes that FED
accepts no responsibility for the
fluctuations in the currencies of
developing countries in recent
times.
Board of Directors President
Erdal Bahçıvan and members of
the Council in Ankara.
Making the opening speech
of the meeting, TOBB President
M. Rifat Hisarcıklıoğlu stated
that the world economy is
undergoing a unique period and
said that the development are
The TOBB Chambers of
Industry Council Meeting was
hosted by TOBB President
M. Rifat Hisarcıklıoğlu and
attended by Labor and Social
Security Minister Faruk Çelik,
TOBB Chambers of Industry
Council President and İstanbul
Chamber of Commerce (İSO)
akin to a stress test for country
economies. Hisarcıklıoğlu,
stating that Turkey will be one
of the 10 largest economies in
the world by 2023, said, “In
order to achieve this, all we
need to do is continue enacting
structural reforms without
slowing down.”
Preparations for the post-Kyoto
era, the preparation and signing
of the new global climate change
agreement are underway. Data will
be collected for a draft text until the
end of 2014, a draft will be ready
by May 2015. In order to ensure
this, lead by UN Secretary General
Ban Ki-moon, world leaders will
reconvene in 2014 in order to keep
political will alive. Additionally, the
20th Session of the Conference of
the Parties to the UNFCCC-COP 20
will be held at the end of 2014 in
the capital of Peru, Lima.
Preparation for the
post-Kyoto era
M. RİFAT HİSARCIKLIOĞLU:
“
Structural reforms
must continue”
Janet Yellen has taken
over the role of chair of the
US Federal Reserve from Ben
Bernanke who completed
his term. Nominated by US
President Barack Obama, Yellen
is the first chairwoman in FED’s
history of one hundred years.
FED Chairwoman Yellen,
taking over from Ben Bernanke,
FED’s first
woman
president
Yellen
has
begun her
term in
office
