President Donald Trump announced that tariffs on Mexico and Canada will come into effect on March 4th. President Donald Trump stated that the flow of drugs from Mexico and Canada to the United States continues, mentioning that the tariffs planned for these countries will be implemented as scheduled on March 4th. Through his Truth Social […]
The US economy grew by 2.3 percent in the fourth quarter of 2024, in line with expectations. Preliminary growth data for the fourth quarter in the US has been released. Accordingly, the US economy expanded by 2.3 percent in the final quarter of last year, matching expectations. The data indicated the slowest growth in the […]
A proposal concerning the conversion of 717 vehicles from 8+1 taxis to regular taxis in Istanbul was referred to the sub-commission. During the Istanbul Metropolitan Municipality (IBB) Transportation Coordination Center (UKOME) meeting, the proposal to convert 717 vehicles transformed from minibuses and taxi shuttles into 8+1 taxis back to regular taxis was sent for further […]
Withdrawals from exchange protected deposit and participation accounts (EPDA) accelerated last week. The total EPDA balance approached 879 billion liras. According to data from the Banking Regulation and Supervision Agency (BRSA), EPDA accounts decreased by 40 billion 248 million liras in the week ending on February 21. The total EPDA balance decreased from 919.6 billion […]
Last week, the Central Bank reserves decreased by $3.157 billion to $169.995 billion. The Central Bank of the Republic of Turkey (CBRT) announced weekly money and banking statistics. As of February 21, the CBRT’s gross foreign exchange reserves fell to $97.698 billion, a decrease of $2.979 billion. Gross foreign exchange reserves were at $100.677 billion […]
Dairy producers expressed their concerns about low-fat milk sold in supermarkets. Claiming that milk with a fat content of one in a thousand harms human health, producers called for the removal of these products from the shelves. Dairy producers opposed the sale of low-fat milk with a low fat content in the market. Cihat Şimşek, […]
China’s artificial intelligence breakthrough is also having a positive impact on the stock market. International institutions are revising their predictions for the Chinese stock market. The technology startup DeepSeek has raised optimistic expectations for the Chinese stock market. Following a three-week hiatus, DeepSeek opened access to its programming interface. The startup announced that customers were […]
The business sector has demanded an increase in the credit card limit to 5 million Turkish Lira for tax payments. Gürsel Baran, the President of the Ankara Chamber of Commerce Board, requested the credit card limit for tax payments, currently at 1 million Turkish Lira, to be raised to 5 million Turkish Lira. According to […]
In Amasya, the lifeless body of 69-year-old retired police officer İsmail Aylak was discovered in the Yeşilırmak River. In the Ataşehir area of Ellibeşevler neighborhood in Amasya, individuals who noticed an motionless person on the surface of the water in Yeşilırmak River around 11:00 am, reported it to the 112 Emergency Call Center. Police, AFAD […]
Negotiations for a pay rise for over 600,000 public sector workers are commencing. Unions have conveyed the workers’ pay rise demand to Minister Işıkhan. Workers have requested that the minimum wage be increased to 1,800 liras per day. A 50% pay rise to 1,800 liras for the first 6 months has been requested. Unions have […]
