When are the applications for İŞKUR Youth Program?

The date for applications to the İŞKUR Youth Program is being eagerly awaited. In his statement, President Erdoğan mentioned that 200,000 university students are planned to benefit from the program this year, with a total of 1 million over the next 4 years. Participants are not hindered from being insured in another job during the […]

Uber Shows Interest in Collaboration with Tesla: “No One Wants to Compete with Musk”

Uber’s CEO Khosrowshahi expressed a desire to establish a partnership with Tesla in the autonomous taxi sector. Khosrowshahi stated, “No one wants to compete with Musk.” Uber CEO Dara Khosrowshahi mentioned that he is optimistic about the possibility of working with Tesla and Elon Musk once the company launches its autonomous taxi service. Musk previously […]

Prevent the Tax Debate from Falling Under the Influence of Loopholes

As the 2017 Tax Cuts and Jobs Act individual provisions are on the verge of expiry, the Republicans are facing a critical situation. Without Congressional action, more than half of taxpayers will face tax increases. However, extending the law will lead to adding over $3.5 trillion to the already unsustainable deficits. During any year with […]

Extension of Maturity Limits in Consumer Loans

Updates have been made to consumer loan limits and maturity restrictions. Accordingly, the maturity limit for loans of up to 125,000 lira has been increased to 36 months. For loans up to 250,000 lira, the limit has been set at 24 months. The Banking Regulation and Supervision Agency (BRSA) has decided to change the general […]

Update on Personal Loan Limits by BDDK

The Banking Regulation and Supervision Board (BDDK) has increased the personal loan limits to 125 thousand lira for loan terms up to 36 months and between 125 thousand and 250 thousand lira for loan terms up to 24 months. BDDK has decided to change the general loan term limits for consumer loans. According to the […]

Russia Keeps Policy Rate Unchanged

The Central Bank of Russia has decided to keep its policy rate unchanged at 21 percent, in line with expectations. The bank announced its decision on interest rates, highlighting the continued high levels of inflationary pressure. The statement pointed out that the growth in domestic demand has significantly outpaced the expansion in goods and services […]

Pension Bonus Increase for 2025: How Much Will the SSK, Bağ-Kur, and Retirement Fund Holiday Bonuses Be?

As Ramadan approaches, attention turns to pension holiday bonus payments. Since 2018, retirees have been receiving their bonuses before the holidays. SSK, Bağ-Kur, and Retirement Fund retirees receive their payments through the banks where they receive their pensions. With the new year, family support payments, disability pensions, elderly allowances, and many other social benefits have […]

Extension of Term Limits in Loans

The Banking Regulation and Supervision Agency (BRSA) has updated the limits for consumer loans. According to the new regulations, consumer loans below 125,000 Turkish Liras can have a term of 36 months. Loans ranging from 125,000 to 250,000 Turkish Liras can be paid back in 24 installments. The BRSA has decided to change the general […]

Inflation in Argentina Reaches Four-Year Low

The battle against triple-digit inflation in Argentina has come to an end as inflation has reached its lowest level in four years. Since President Javier Milei took office, inflation in Argentina has dropped to its lowest level. The annual consumer inflation rate has fallen below 100% for the first time in two years. Monthly inflation […]

Evaluation of Inflation by Istanbul Chamber of Commerce President Avdagic

The President of Istanbul Chamber of Commerce, Şekib Avdagiç, stated that “we hope to achieve results quickly in the fight against inflation, which has left behind 20 months.” The President of the Istanbul Chamber of Commerce (İTO) Şekib Avdagiç emphasized that the fight against inflation and price stability continue to be the main agenda in […]