President of the United States, Donald Trump, has taken action to respond to the digital service taxes imposed on American companies. The White House announced that President Donald Trump signed a decision to protect American companies from abuses abroad. The statement noted that the Trump administration would consider retaliatory measures such as tariffs against taxes […]
In the United States, the number of oil drilling rigs increased by 7 this week. Weekly data from the oilfield services company Baker Hughes was released. According to the data, the number of oil drilling rigs in the country rose by 7 to 488 for the week of February 15-21 compared to the previous week. […]
Bendevi Palandöken, the President of TESK, highlighted the increase in underground products before the Ramadan month. Palandöken called on citizens to be careful against unhealthy products produced in inappropriate conditions. The President of the Turkish Confederation of Tradesmen and Craftsmen (TESK), Bendevi Palandöken, issued a warning about underground production to citizens before the Ramadan month. […]
The BIST 100 index closed the day at 9,602.16 points, losing 2.09%. Following a sharp drop in the Istanbul Stock Exchange, the Capital Markets Board initiated an investigation. An announcement from the CMB stated that “the operations of all institutions are under review.” In Borsa Istanbul, the BIST 100 index ended the day at 9,602.16 […]
Bybit, one of the world’s largest cryptocurrency exchanges, fell victim to a significant cyberattack resulting in the theft of $1.5 billion worth of Ethereum assets. The attack targeted a major portion of assets, primarily consisting of Ethereum (ETH) and its derivatives, with initial estimations valuing the stolen assets at $1.5 billion. Bybit’s CEO, Ben Zhou, […]
Minister of Family and Social Services, Mahinur Özdemir Göktaş, announced that the Home Care Assistance has been increased to 10,125 Turkish Liras per month as part of the Family Year. Göktaş shared the news on her social media account with a note saying “Family is our strongest bond, our safest harbor.” Emphasizing that they consider […]
The BIST 100 index in Borsa Istanbul completed the day by losing 2.09% and closing at 9,602.16 points. Compared to the previous close, the BIST 100 index decreased by 205.34 points, with a total trading volume of 107.8 billion Turkish lira. The banking index lost 1.74% while the holding index dropped by 1.18%. Among the […]
Ankara Public Bread Company announced that a 350-gram Ramadan bread will be sold for 13 lira during the Ramadan month. Meanwhile, bakeries will sell a 250-gram bread for 20 lira. As the month of Ramadan approaches, bread prices are starting to be announced. Ankara Public Bread Company revealed that a 350-gram Ramadan bread will be […]
Gold has been one of the most profitable assets this year so far. Trump’s additional tariffs and the looming trade wars have increased the demand for safe havens. The records broken by gold are also supporting silver.
Regulatory efforts for stablecoins are accelerating in the United States. Standard & Poor’s (S&P) highlighted the absence of laws as one of the biggest obstacles to the adoption of stablecoins. JPMorgan indicated that compliance with these new laws might be difficult for Tether (USDT). Stablecoins are cryptocurrencies pegged to the value of the US dollar, […]
