Markets Focus on US Inflation Data

Concerns over trade wars deepened sales in the markets. Investors are now focused on the upcoming US inflation data next week. Global markets ended the week under selling pressure due to the increased risk perception stemming from US President Donald Trump’s announced tariffs and concerns about possible retaliations from other economies. Eyes are now turned […]

Record First Quarter in Real Estate Sales

The number of real estate sold nationwide reached 694,628 in the January-March period, breaking the all-time first quarter record. All real estate sales, including homes, land, commercial properties, and business premises, that started the new year quickly continued this momentum in February and March. Real estate sales in January increased by 20.2% compared to the […]

Craftsmen Demand Law for Retail

President Bendevi Palandöken of TESK called for the enactment of a retail law to prevent unfair competition. Once again, Turkey Confederation of Craftsmen and Artisans General President Bendevi Palandöken made a call for a retail law. Palandöken stated, “It is necessary to address the shortcomings in the retail law. Unfair competition must be intervened with […]

Top Performers of the Week in the Stock Market

The stock with the highest increase in the stock market this week was Işıklar Enerji. The most significant drop was recorded in Tekfen shares. The BIST 100 index on Borsa Istanbul ended the week with a 2.90% loss, closing at 9,379.83 points. Throughout the week, the index saw the lowest point at 9,339.67 and the […]

China and US Strangle Each Other: $6 Trillion Wiped Out in Two Days

China’s retaliatory tariffs against the US have escalated tensions in the global economy. Sales accelerated in the markets, wiping out $6 trillion from Wall Street in just two days. The European Union also took action against the influx of cheap goods from Asia. Experts emphasized the significant danger to the world when the two countries […]

Billionaires Lose Wealth Overnight: List of Those with Vanishing Money

The shocking announcement of customs tariffs by US President Trump eroded the wealth of billionaires. The total wealth of the world’s richest 500 people decreased by $208 billion on Thursday. So, who lost how much? The total wealth of the world’s richest 500 people dropped by $208 billion on Thursday due to the global markets […]

Answers to the most frequently asked questions about recession: What is a recession? What happens during a recession?

The tariffs President Trump has declared as an “economic independence declaration” are seen as ushering in a new era in global trade, raising concerns about increasing inflationary pressures in the US economy and slowing down economic growth. So, what is a recession? What happens during a recession? A recession refers to a contraction in a […]

Dear DOGE: Cut a Trillion by Streamlining Processes, not Services

When Elon Musk displayed a chainsaw on TV, vowing to reduce government spending, many Americans were pleased, while others were alarmed. However, neither side addressed the true issue of government inefficiency or how to solve it. Musk’s recent change in approach, recognizing the need for caution and strategic planning, indicates that the Department of Government […]

25% Increase in Electricity Prices for Residential Subscribers

A 25% increase was implemented for residential subscribers in electricity, 15% for public and private services, 10% for industry, and 12.4% for agricultural activities. There was no change for residential subscribers in natural gas prices. According to the Energy Market Regulatory Authority (EMRA), a 25% increase was put in place for residential subscribers in electricity. […]