The Competition Authority imposed an administrative fine of 1.3 billion Turkish liras on BIM for obstructing the on-site examination by agency experts. According to the Competition Authority’s statement, during the on-site inspection conducted at BIM’s headquarters on January 14, it was found that a BIM manager had deleted data. The Competition Authority imposed a 1.3 […]
President Trump recently called for a study to develop a “Fair and Reciprocal Plan” for tariffs, expected within 180 days, despite already knowing its likely outcome. This push for a new study stems from a prior 2019 study commissioned by Trump, which claimed to reduce the trade deficit by aligning U.S. tariffs with foreign countries’ […]
President of the United States, Donald Trump, stated that interest rates should be lowered and that this should accompany the upcoming tariffs. Following this development, all eyes turned to the Fed’s new interest rate decision. So, when will the FED interest rate decision be announced? The Federal Reserve (Fed) maintained its policy interest rate in […]
Virus-infected tomato seeds that could endanger agriculture were detected at customs. Minister of Agriculture and Forestry, Ibrahim Yumaklı, stated, “They were returned to their origin. This is not something new.” Minister of Agriculture and Forestry, Ibrahim Yumaklı, answered journalists’ questions in Parliament before the AK Party Parliamentary Group Meeting. In response to questions about news […]
European Union countries have reached an agreement on a new sanctions package to be imposed on Russia. These sanctions will target aluminum imports and the shadow fleet from Russia. Member countries of the European Union (EU) have agreed on new sanctions that ban aluminum imports from Russia and target the Russian shadow fleet. Ursula von […]
In the UK, annual inflation rose to 3% in January, reaching its highest level in 10 months. Inflation in the country exceeded the Bank of England’s 2% target. According to data from the UK National Statistics Office (ONS), the annual inflation rate, which was 2.5% in December 2024, increased to 3% in January. This pushed […]
With just a few days left until Ramadan, the prices of products like dates, pita bread, and soft drinks tend to increase, especially before the holy month. Consumer associations are urging people to compare receipts to combat exorbitant price hikes. Less than two weeks remain until the beginning of Ramadan. Every year, there is an […]
Vice President Cevdet Yılmaz announced that the retirement bonus increase will not be on the agenda of the Economic Coordination Council. Millions of retirees are eagerly awaiting news on the increase in holiday bonuses. There were speculations that the retirement holiday bonus would be discussed at the Economic Coordination Council meeting on February 21st. However, […]
The attention of millions of retirees is focused on the potential increase in retirement bonuses. The holiday bonuses are expected to be determined by the economy management by March. Additionally, the update of bank promos for retirees’ pensions is anticipated. Here are the discussed figures. The anticipation extends to bank promos and holiday bonuses for […]
Penalties for marketing or selling products with health claims have been increased. Accordingly, fines of up to 4.75 million liras will be imposed on false health advertisements targeting consumers. The Ministry of Health made adjustments to administrative fines for promotional and sales activities involving false health claims, in line with the revaluation rates for 2025. […]
