Has the turnaround begun in vehicle loans?

There has been some movement in vehicle loan interest rates. Limited decreases have been observed in the interest rates offered by banks. So, how much is the repayment for a loan of 200,000 liras? Here is the latest situation on vehicle loans… The Central Bank’s interest rate cut continues to have limited impact on loans. […]

Federal Reserve Chairman Powell Concerned About “Debanking” Impacting US Crypto Industry

Crypto companies and some figures within the crypto-friendly Trump administration are expressing their concerns over US regulators excluding crypto firms from banking services, Federal Reserve Chairman Powell has emphasized his worry about this issue, stating that it will be examined. Officials in the newly established Trump administration have been increasingly vocal about the need to […]

Gold Approaching Its Peak

Following the message from the Fed regarding interest rate cuts, gold prices traded just below the peak. The price of an ounce of gold started the day around $2,900. Meanwhile, one gram of gold changed hands at 3,344 Turkish Liras. Gold prices remained near record levels as the Federal Reserve (Fed) announced that they would […]

Turkey Purchases U.S. Treasury Bonds Again After 10 Years

It has been reported that Turkey has started buying U.S. Treasury bonds again after about 10 years. It was stated that these purchases aim to strengthen the reserve policy. According to a news report on Bloomberg News, the Central Bank bought Treasury bonds as part of its efforts to normalize the reserve policy. It was […]

Fed Chair Powell: No Need to Rush on Interest Rate Cuts

Federal Reserve (Fed) Chair Jerome Powell stated that there is no need to rush on interest rate cuts. Powell began his presentation of the semi-annual Monetary Policy Report to the U.S. Congress, emphasizing the strength of the U.S. economy in general and the significant progress made by the bank towards its goals in the past […]

When will the fuel and fertilizer support be paid? Agricultural support payments

The date of the basic support payment, also known as fuel and fertilizer support, is being investigated. Meanwhile, recent claims that the fuel and fertilizer support had been removed were declared unfounded. So, when will the fuel and fertilizer support be paid? Minister of Agriculture and Forestry, Ibrahim Yumaklı, stated that they will transfer 2 […]

Use of a Chainsaw Instead of a Scalpel by Musk

The Department of Government Efficiency’s drastic and unprecedented reductions and closures of government departments and agencies have been quite significant. While Elon Musk hasn’t been dubbed with the nickname “chainsaw,” it might be fitting due to his approach resembling a chainsaw rather than a scalpel. The U.S. Agency for International Development and the Department of […]

New Regulations in Mutual Trade with Syria

The Ministry of Trade has implemented new regulations regarding exports and imports, which were restricted during the former regime, in mutual trade with Syria. The Ministry announced that the developments in Turkey-Syria economic and trade relations continue in the new era that began with the liberation of the people in Syria on December 8, 2024, […]

Minister Işıkhan announces holiday bonus

Minister of Labor and Social Security Vedat Işıkhan announced that they will be working on the holiday bonus for retirees. The eyes of millions of retirees are now on their retirement bonuses. It is expected that the retirement bonuses will be updated before the Ramadan holiday. Minister of Labor and Social Security Vedat Işıkhan announced […]

Chicken head found in sausage, no milk in cheese!

The trend of food fraud continues. A new report has exposed the tricks being played with cheese, olive oil, and lahmacun. Goat and sheep milk were not detected in the old kashar cheese. It was determined that chicken head was found in the sausage, and poultry meat was used in lahmacun. The Ministry of Agriculture […]