Key Economic News to Watch This Week: June 4
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A quick preview of the key economic events happening this week: Aside from the European debt drama, this week will see an interesting line up of Islamic banking events hosted in South East Asia. Singapore plays host to World Islamic Banking Conference as well as the Asia-Middle East Investment Summit. This week also, Istanbul hosts the World Economic Forum on the Middle East, North Africa and Central Asia, as well as the Turkish-Arab Economic Forum.
Monday, June 4
A quick preview of the key economic events happening this week: Aside from the European debt drama, this week will see an interesting line up of Islamic banking events hosted in South East Asia. Singapore plays host to World Islamic Banking Conference as well as the Asia-Middle East Investment Summit. This week also, Istanbul hosts the World Economic Forum on the Middle East, North Africa and Central Asia, as well as the Turkish-Arab Economic Forum.
Monday, June 4
The World Economic Forum on the Middle East, North Africa and Central Asia opens in Turkey. The meeting will have over 1,000 politicians and business leaders convene in Istanbul, where discussions will focus on new partnerships for growth and human development, and how the social dynamism unlocked by developments in the Middle East and North Africa be transformed into a decade of entrepreneurial opportunity, human security and good governance.
Rio+20 UN Conference on Sustainable Development in Brazil. The Conference will focus on two themes: A green economy in the context of sustainable development poverty eradication; and the institutional framework for sustainable development.
Tuesday, June 5
The annual World Islamic Banking Conference opens in Singapore. Leading industry players are expected to make further advances towards achieving global connectivity and deepening economic cooperation with other key centres for Islamic finance. The event is held in conjunction with the Asia-Middle East Investment Summit.
Related Story: What the West Can Learn From Islamic Banking
Related Story: Can Islamic Finance Repair The Modern Financial System?: Andrew Sheng & Ajit Singh
Gulf Cooperation Council foreign ministers meet in Saudi Arabia.
Russian president Vladimir Putin embarks on an official visit to China. Putin, who began a historic third term as president less than a month ago, has already made official visits to Germany and France but will be symbolically visiting Beijing before the United States. His visit will see him forge closer ties with China, a key diplomatic and economic ally for Russia.
The International Caspian Oil and Gas exhibition and accompanying conference begin in Baku, Azerbaijan.
The International Monetary Fund day-long Conference “Lessons from the Recovery in the Baltics” opens in Riga, with policymakers, academics and civil society representatives addressing political, economic and social factors that made the adjustment in the Baltic countries feasible.
Wednesday, June 6
Transparency International releases its report on corruption in 25 European countries.
Related News: Corruption Helped Cause The Eurozone Crisis: Transparency International
Thursday, June 7
The 7th edition of the Turkish-Arab Economic Forum takes place in Istanbul. Dubbed as the “Turkish model”, Turkey’s democratic state and diversified economy has become an inspiration for many Arab countries. The TAF will play an imperative role in bringing forth regional transformations, as well as sustaining dialogue on Turkish-Arab relations.
Related News: Turkish Model for “New Egypt” Intriguing, Not Definitive
The 8th World Islamic Economic Forum opens in Johor Bahru, Malaysia.
Friday, June 8
US President Barack Obama holds talks with President Benigno Aquino of the Philippines at the White House. They will discuss economic and strategic issues in the Asia-Pacific region.
