President Trump is confident that imposing tariffs will revive factories in the U.S., and supporters of manufacturing are eager for the future under his second-term agenda. However, if the aim is to ensure the long-term success of the national economy in the 21st century, simply reviving manufacturing will not be sufficient. The decline of U.S. […]
Minister of Treasury and Finance Mehmet Şimşek has announced that they expect this year’s current account deficit to be lower than the Medium Term Program target. Evaluating the February current account balance statistics, Minister Şimşek shared the following statement on his social media account: “In February, the annual current account deficit was 12.8 billion dollars, […]
The BIST 100 index on the Borsa Istanbul rose by 1.04 percent in the first half of the day, reaching 9,479 points. Moving in an upward trend in the first half of the day, the BIST 100 index climbed to 9,479 points with an increase of 97.95 points and 1.04 percent as of 13:00 compared […]
The number of tourists using hot air balloons in seven regions in Turkey broke a record last year, reaching 933,195. According to the 2024 Activity Report of the Directorate General of Civil Aviation of the Ministry of Transport and Infrastructure, seven regions in Turkey offer balloon flight opportunities, with 71 businesses conducting flights with 441 […]
According to Dalio, the United States is currently very close to an economic downturn, and he mentioned that if things are not handled properly, something worse could happen. As President Donald Trump’s trade war escalated with tariff increases, bringing along concerns of an economic recession, American billionaire investor Ray Dalio warned that the US economy […]
As we enter decision week for the policy rate, movement in deposits continues. Interest rates on deposits have reached 50 percent again after months. The rise in deposit interest rates continued following the Central Bank’s tight monetary policy measures. After dropping below 45 percent with the start of the interest rate reduction cycle, deposit rates […]
The BIST 100 index in Borsa Istanbul started the week with a rise of 0.80% at 9,456.17 points. At the opening, the BIST 100 index rose by 75.22 points and 0.80% to 9,456 points compared to the previous close. The banking index gained 1.12%, while the holding index gained 0.76%. Among the sector indices, financial […]
In February, Turkey’s current account showed a deficit of 4.405 billion dollars. According to the data released by the Central Bank of the Republic of Turkey (CBRT), the current account deficit was 4.405 billion dollars in February 2025. Excluding gold and energy, there was a surplus of 2.158 billion dollars in the current account. The […]
A historical drop occurred in the crypto market once again. Mantra (OM), which is among the top 20 projects, plummeted over 90% within a few hours. The market cap of OM shrunk from $6 billion to $650 million. Crypto investors witnessed a historic crash last night. Mantra (OM), one of the top 20 crypto assets, […]
Gold started the new week with a slight decrease. The price of an ounce of gold traded at $3,223. However, Goldman Sachs, UBS, and Commerzbank have updated their end-of-year gold predictions. Gold prices fell from their all-time high level on the first trading day of the week. The tension in trade somewhat eased after U.S. […]
