According to the data from the Interbank Card Center, card purchases totaling 28 billion TL were made on April 2nd. Between 00.00 and 17.00 on Wednesday, April 2nd, the transaction amount was 28 billion TL, while on Wednesday, March 26th it was 28.9 billion, on Wednesday, March 19th it was 25.3 billion, on Wednesday, March […]
Gold surged after President Trump’s new customs tariffs. The price per ounce reached an all-time high of $3,168. Following President Trump’s announcement of new tariffs, gold prices continued their record-breaking streak. After Trump’s statement, the price per ounce of gold reached a record level of $3,168. This rise in the price of the precious metal […]
Minister of Energy and Natural Resources Alparslan Bayraktar has announced that the infrastructure needed to double Azerbaijan’s gas exports to Europe by 2027 is ready. Bayraktar made these remarks during an evaluation on Azerbaijan’s Official State Television AZTV. Emphasizing that the energy cooperation between Turkey and Azerbaijan sets an example for the world, Bayraktar stated, […]
The new tax decisions made by United States President Donald Trump were met with criticism from many countries. Leaders stated, “We will take action too, life will become more expensive for Americans.” The statement from the Chinese Ministry of Commerce mentioned, “This is an application of typical unilateral bullying.” The statement from the Chinese Ministry […]
The Turkish Statistical Institute will announce the inflation data for March today. According to the AA Finance Inflation Expectation Survey, economists predict a 2.87% increase in the Consumer Price Index (CPI) in March. Economists who predict that the annual inflation rate, which was 39.05% the previous month, will fall to 38.66% based on the average […]
The Social Security Institution (SGK) is starting to pay the one thousand lira differential payments in pensioners’ Ramadan Holiday bonuses today. The date for the differential payments in pensioners’ holiday bonuses has been announced. The pensioners’ holiday bonuses were increased to four thousand liras. The three thousand lira portion was deposited into accounts before the […]
US Treasury Secretary Scott Bessent advised countries not to retaliate with tariffs against each other, stating that higher customs duties would not be applied if retaliation is avoided. In an interview with Bloomberg, Bessent commented on the reciprocal tariffs announced by US President Donald Trump. Advising countries not to panic, Bessent said, “If I were […]
The calls for a shopping boycott today, in protest of the arrest of Ekrem İmamoğlu and students, have been met with a series of reactions. Ministers were out shopping to support the vendors. Criticisms of the decision also came from the business world. AK Party Spokesperson Ömer Çelik shared the visit to vendors under the […]
The BIST 100 index in Borsa Istanbul ended the day down 1.41% at 9,523.31 points. The BIST 100 index lost 136.17 points, with a total trading volume of 92.5 billion Turkish lira. While the banking index gained 0.38%, the holding index lost 1.88%. The sports sector recorded the highest gain at 4.74%, while the construction […]
Proposed changes by some Republicans in Congress suggest using a “current policy” baseline instead of the traditional “current law” baseline in the budget reconciliation process. This shift could result in detrimental fiscal irresponsibility that may allow either party to bypass crucial budgetary controls, ultimately causing a substantial increase in the national debt for years to […]
