In December of last year, the trade surplus of the Euro Zone reached 15.5 billion euros. The European Statistics Office (Eurostat) released the international trade data for December 2024 for both the European Union (EU) and the Euro Zone. According to the report, the EU’s exports increased by 3.7% compared to the same month of […]
Microsoft has announced that it will make an additional investment of $700 million in Poland to enhance the country’s cybersecurity. In collaboration with Poland’s armed forces, Microsoft will strengthen the country’s cybersecurity with the additional $700 million investment. Microsoft President Brad Smith and Polish Prime Minister Donald Tusk held a joint press conference regarding the […]
Research on the date when SED payments for February will be deposited has intensified. The question of whether the Social and Economic Support (SED) payments for February, aimed at supporting children socially and covering educational expenses, have been deposited into accounts has aroused curiosity. So, have the SED payments been deposited, and when will they […]
The Switzerland-based banking giant UBS has upwardly revised its gold forecasts, predicting that gold will surpass $3,200. After the record streak in gold, banks have started updating their predictions. UBS forecasted that the yellow metal could rise above $3,200 in the coming years. Analysts pointed to a strong sense of upward momentum, inadequate investor participation, […]
Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) are preparing to acquire certain parts of Intel. These potential deals involve Broadcom taking over Intel’s chip design and marketing business, while TSMC would acquire the production facilities. Broadcom is closely monitoring Intel’s chip design and marketing divisions. The company is in discussions with its advisors regarding a […]
Apple’s main supplier Foxconn’s plan to produce iPhones in India has been hindered by China. Foxconn’s plan to expand its operations in India to produce iPhones has hit a roadblock due to Chinese restrictions on technology and talent exports. According to the Financial Times, Chinese authorities have made it difficult for engineers and essential production […]
Through a bond auction, the Treasury borrowed approximately 40.4 billion lira. The Ministry of Treasury and Finance went into debt for 40 billion 438.3 million lira in a government bond auction held today. The auction featured the reissue of a 4-year (1029 days) period, 3-month coupon payment, indexed to TLREF government bond. The interest rate […]
Minister of Treasury and Finance Mehmet Şimşek addressed a conference held in Saudi Arabia focusing on emerging market economies. Minister Şimşek stated that the challenges related to the decrease in inflation and the restoration of fiscal discipline were largely domestically driven. He pointed out that while inflation still persists at high levels, it is on […]
Asia Infrastructure Investment Bank (AIIB) is set to provide $5 billion in financing for public projects in Turkey over the course of three years. A memorandum of understanding signed between the Ministry of Treasury and Finance and AIIB will ensure approximately $5 billion in financing for public projects over the next three years. Minister Şimşek […]
Minister of Labor and Social Security, Vedat Işıkhan, made an important announcement regarding the On-the-Job Training Programs. Minister Işıkhan stated that participants receive a monthly pocket money of 22,104 TL, and announced that the allowance given to vocational high school graduates has been increased by 30%, reaching 28,736 TL. Youth who wish to benefit from […]
