Heavy Toll of Frost Damage in Manisa: 36,738 Producers Affected

Deputy Minister of Agriculture and Forestry, Ebubekir Gizligider, disclosed that a total of 36,738 producers suffered from frost damage in Manisa, mainly affecting grape production as well as cherries, peaches, apricots, quinces, pears, almonds, walnuts, plums, olives, and other product categories. Following the frost incident on April 10-11, Deputy Minister Gizligider visited Manisa to assess […]

ASELSAN CEO Akyol: More Steel Dome Components to be Inventoried this Year

ASELSAN CEO Ahmet Akyol stated that they will be providing more Steel Dome components to inventory by 2025, ensuring that the products nationalized last year have kept the foreign exchange of 1 billion dollars within Turkey for the first time. Akyol mentioned, “This granted ASELSAN a 22% cost advantage on average.” The “International Economy Summit” […]

Trump’s Tariff Approach Reflected in Panama Ocean Club Project

In the development of the Trump Ocean Club in Panama, Donald Trump initially promised a distinctive sail-shaped skyscraper featuring upscale shops, luxurious condos, a hotel, and a casino. However, instead of a smooth and successful project, it was bogged down by lengthy legal battles, mismanagement, contentious disagreements with the property’s owner, and eventually the forced […]

0.6% Increase in Gold Price per Kilogram

In the Borsa Istanbul Precious Metals and Precious Stones Market, the standard price of one kilogram of gold closed the week at 4,142,999.5 TL. The price of standard gold per kilogram, ranging from a low of 4,127,000 TL to a high of 4,142,999.5 TL, saw a 0.6% increase at the end of the day, reaching […]

Meeting of the Economic Coordination Board

The Economic Coordination Board convened in Giresun to discuss global trade developments. Measures aimed at increasing production and exports are also being addressed. Chaired by Vice President Cevdet Yılmaz, the Economic Coordination Board meeting took place at the Cotanak Conference Hall of the Ministry of Environment, Urbanization, and Climate Change. Participants included Minister of Treasury […]

Claim of Limit on Market Usage of Food Cards: Ministry Sources Deny

Allegations were made that there is a limit on using food cards at markets. Sources from the Ministry of Treasury and Finance denied this claim. Reports in the media stated that there would be a daily spending limit of 158 liras on food cards at markets, with a total limit of 3,476 liras. Ministry sources […]

Janet Yellen’s Misconceptions regarding US Manufacturing and More

The former Treasury Secretary, Janet Yellen, expressed doubts about President Trump’s goal of reshoring manufacturing to the United States, calling it an unrealistic ambition. This statement seems contradictory given that President Biden campaigned on revitalizing American manufacturing as a pivotal component of his pledge to restore the economy “from the ground up and centered out.” […]

Tomato Export Reaches $161 Million

From January to March, a total of $161,642,000 worth of tomatoes were exported from Turkey. In the year 2024, Turkey exported tomatoes worth $426,760,000 to 52 countries. According to the data from the Southeastern Anatolia Exporters’ Associations (GAİB), this year in the period of January to March, revenue of $161,642,000 was generated from tomato exports […]

Record broken in cargo transportation

Minister of Transport and Infrastructure, Uraloğlu, announced that the number of cargo shipments carried in 2024 exceeded 1.38 billion, breaking a record. Minister of Transport and Infrastructure Abdulgadir Uraloğlu stated that the number of shipments, which was 681.3 million in the same period of the previous year, increased by 9.6% in the second half of […]

Tax Warning to Trump from Japan

Japan issued a warning about the uncertainties created by President Trump’s trade policies. The Japanese government cautioned that the uncertainties caused by US trade policies could harm the global economy. In its monthly report, the government stated that President Donald Trump’s customs duties increased downward risks to the economic growth outlook and warned about the […]