A reduction of 82 cents has been applied to the price of autogas starting from tomorrow. The discounted prices will be reflected on the signs starting from tonight. In Istanbul, autogas is sold for 28 lira 19 kuruş per liter, in Ankara for 28 lira 9 kuruş, and in Izmir for 28 lira 4 kuruş.
Ongoing is the tariff earthquake in global markets. President Trump did not back down from customs duties. Record levels of selling occurred in stocks, while cryptocurrencies plummeted. Indexes in the US opened the day with more than a 4% drop. Losses accelerated in oil and natural gas prices. Expectations for a fast interest rate cut […]
As the costs of wedding venues increase, a new project has been introduced for couples getting married. Weddings in a format known as a “half wedding” can now be held for just two hours, depending on preference. Article by: Sena Gürbıyık As the wedding season approaches, costs are on the rise. Many people now prefer […]
Investor confidence in the Euro Area sharply declined following US President Trump’s tariff announcements. In April, investor confidence in the Euro Area fell to its lowest level since October 2023 following President Donald Trump’s tariff announcements. According to the statement from Sentix, a research company based in Frankfurt that specializes in markets, the Euro Area […]
During the week of March 28th, there was a net outflow of 20.5 billion Turkish lira from FX protected deposit accounts. The downward trend in FX protected deposits persisted. According to the Banking Regulation and Supervision Agency (BRSA) data, FX protected deposit accounts decreased from 779 billion lira to 758.5 billion lira in the week […]
President Donald Trump’s protectionist trade policies have shaken global markets. Stocks, cryptocurrencies, oil, natural gas, and many other financial products experienced sharp declines. Here are answers to questions about the tariff uncertainty that is causing turmoil in the markets…The increased risk perception following President Trump’s announcement of reciprocal tariffs parallel to his protectionist trade policy […]
In the week ending March 28, the Central Bank reserves decreased by 6 billion 603 million dollars. The Central Bank of the Republic of Turkey (CBRT) released its weekly money and banking statistics, revealing that as of March 28, the Central Bank’s gross foreign exchange reserves dropped to 80 billion 609 million dollars, a decrease […]
The deadline for submitting declarations for those earning rental income ends today. It is crucial to pay attention to the limits of 33,000 lira for residential properties and 230,000 lira for commercial properties. Income taxpayers are still in the process of submitting and paying their declarations for the year 2024. Due to requests received during […]
President Trump once again called for an interest rate cut, pointing out that the Federal Reserve has been slow in its actions. He emphasized that the U.S. gains billions of dollars weekly from customs duties and criticized China for increasing already high tariffs. In response to market declines, Trump mentioned the necessity of taking action […]
President Donald Trump’s actions have rocked the markets. The sharpest declines since the Covid pandemic have been experienced. Rising tariff walls pose a threat to countries. The Turkish business world assessed these developments. Global markets witnessed the biggest crash in years. The fuse in the markets was lit by Donald Trump increasing import tariffs worldwide. […]
