Doha (CNN) – The building of Doha's new airport began eight years ago, in preparation for the city's rapid growth.
It is being spear-headed by one of Doha's most influential businessmen - Akbar Al Baker. Now, as the airport nears completion, CNN's Richard Quest gets a tour.
Davos, Switzerland (CNN) — Financial experts gathered together for a CNN discussion were hopeful that emerging markets could weather the financial storm over Europe.
Ali Babacan, deputy prime minister of Turkey, explained how his country’s economy was tied to Europe. “Forty-five percent of our exports go to EU member countries and also we get a lot of FDI from EU member states, so when things go in a bad direction in the EU we are affected through those two channels,” he said.
“But the good part of the picture is 55% of our exports goes elsewhere and those non-European markets are growing quite fast and that is playing a very good balancing role,” he added.
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