Despite the decrease in inflation, prices, especially in education, are constantly increasing. In February, the highest increase was in private school fees. However, parents are complaining about exorbitant prices. The latest inflation rates for February have been announced, with education expenses leading the way with a 94% increase. The early registration fees announced by some […]
An investigation regarding unusual price movements in Borsa Istanbul has resulted in the detention of 17 individuals. The Istanbul Public Prosecutor’s Office initiated an investigation on February 23 regarding manipulative price movements in the stock market. Teams combating financial crimes conducted operations in different cities related to the identified individuals. It was reported that 17 […]
The European Union is preparing for an 800 billion euro armament plan. As part of the project, 150 billion euros in credits will be allocated to member states for defense investments. Ursula von der Leyen, President of the European Commission, introduced the EU’s new defense package and rearmament plan. Emphasizing that important and dangerous times […]
In February, exports decreased by 1.5 percent to $20.8 billion. During this period, the foreign trade deficit increased by 20.5 percent to $8.2 billion. Trade Minister Ömer Bolat announced the foreign trade figures for February. Exports in February decreased by 1.5 percent compared to the same month last year, reaching $20.8 billion. Imports increased by […]
The competition in artificial intelligence is intensifying in China. Tencent’s application has surpassed DeepSeek and become the most downloaded application. Competition among Chinese artificial intelligence applications has been accelerating. The success quickly achieved by DeepSeek has spurred action among Chinese technology companies. Tencent Holdings’ Yuanbao artificial intelligence chatbot, this week, surpassed DeepSeek as the most […]
The market for automobiles and light commercial vehicles shrank by 14.2 percent in the January-February period compared to the previous year, totaling 159,384 units. The automobile and light commercial vehicle market in Turkey saw a contraction of 14.2 percent in the January-February period, recorded as 159,384 units versus the same period last year. According to […]
A world-renowned bank, Citi, accidentally transferred 6 billion dollars to a customer account. An employee of the U.S.-based bank Citigroup mistakenly transferred 6 billion dollars to the customer’s account. The bank employee copied the account number and pasted it into the field for the amount to be sent accidentally. The error was discovered on the […]
The project by the Ministry of Family and Social Services, which offers interest-free loans of 150 thousand liras to young people taking the first step towards building a family, has received 9 thousand applications from Istanbul. Supported by the Family and Youth Fund of the Ministry of Family and Social Services, the project was initially […]
Non-compliance with rules on intercity buses will result in heavy fines. According to the new regulations, a fine of up to 85,000 Turkish Liras can be imposed on those transporting passengers without tickets, while a penalty of up to 50,000 Turkish Liras can be given to those dropping off passengers outside of stops. The proposal […]
Concerns about trade wars continue to drive demand for safe havens in gold prices. The price of gold per ounce is trading at $2,892, while gram gold finds buyers at 3,389 Turkish Lira. As the impact of trade wars is felt in the markets, gold prices have remained stable. US President Donald Trump has doubled […]
