Valentine’s Day Rush Begins: Flower Export from Antalya to 30 Countries! Red Carnations Sold the Most

In preparation for Valentine’s Day on February 14th, Antalya, known as the ‘Flower Center of the World’, exported 75 million flower stems to 30 countries, primarily the Netherlands, totaling 8-10 million dollars. The most preferred flower in this export was once again the red carnation. The sector experienced a 20% growth compared to the same […]

Amazon to Invest $100 Billion in Artificial Intelligence

Amazon, the e-commerce giant, announced that it will invest approximately $100 billion in artificial intelligence initiatives by 2025. This commitment surpasses Google (Alphabet) and Microsoft, which pledged $75 billion and $80 billion, respectively. Amazon has disclosed a nearly $100 billion investment in artificial intelligence ventures this year. COST-EFFECTIVE DEEPSEEK FAILS TO DETER PLANS The e-commerce […]

Identified as the Investment Tool with the Highest Returns in January

The highest real return in January was achieved in bonds with 1.21 percent. When calculated on an annual basis, ingots yielded the highest returns. The highest monthly real return on government bonds came to 3.14 when adjusted with the domestic producer price index (D-PPI) and 1.21 when adjusted with the consumer price index (CPI). According […]

TCMB Deputy Governor Akçay: Claiming inflation will stick at around 30% is a superstition

Central Bank Deputy Governor Cevdet Akçay stated that claiming inflation will be stuck at around 30% is a superstition. Central Bank (TCMB) President Fatih Karahan presented the first inflation report of the year at the Istanbul Finance Center. TCMB raised its inflation forecast for 2025 from 21% to 24%. The inflation forecast for 2026 was […]

Progressives should support Trump’s deregulation efforts

President Trump has prioritized deregulation, tasking Elon Musk’s Department of Government Efficiency with recommending steps to reduce red tape. Some progressives cautiously back deregulation, but more should join in. From Jimmy Carter to Sen. Ted Kennedy (D-Mass.), progressives have recognized the benefits of cutting red tape, particularly when it advantages industry insiders at the expense […]

Central Bank Raises 2025 Inflation Forecast

The Central Bank raised the year-end 2025 inflation forecast from 21% to 24%. Inflation predictions for 2026 and 2027 were set at 12% and 8%, respectively. The TCMB President, Karahan, stated that this revision does not signal any relaxation. Addressing the interest rate cut cycle, Karahan said, “We are not on autopilot, we are data-driven.” […]

Record-breaking Surge in Xiaomi Shares: Increase in Shipment Forecasts

Xiaomi’s shares reached a historical peak in Hong Kong, showing a 12% increase. The company attracted investors’ attention with the announcement of two new products – the high-end SU7 Ultra electric vehicle and the 15 Ultra smart phone – to be released by the end of the month. Additionally, an increase in demand for existing […]

Open Letter from the Central Bank to the Government

The Central Bank, in an open letter sent to the government, stated that “a tight monetary policy stance will be maintained until a permanent decrease in inflation and price stability are achieved.” The Central Bank of the Republic of Turkey (CBRT) sent an “Open Letter” to the Minister of Treasury and Finance, Mehmet Şimşek, on […]

Borsa showed a stable trend in the first half

In Borsa Istanbul, the BIST 100 index gained 0.07 percent in the first half of the day, reaching 9,849.44 points. Moving in an upward trend in the first half of the day, the BIST 100 index rose to 9,849.44 points with an increase of 7.29 points and 0.07 percent compared to the previous closing as […]

Decrease in Global Food Prices

The world food prices declined in January with a decrease in sugar and vegetable oil prices. The world food prices dropped in January compared to the previous month, influenced by the sharp decline in sugar and vegetable oil prices. The world food price index, compiled by the Food and Agriculture Organization of the United Nations […]