The question of when the elderly and disabled pensions for April 2025 will be deposited is on the agenda of eligible citizens. The issue of whether the elderly and disabled allowances, which are deposited into the accounts of those in need on certain dates every month, will be paid before the Ramadan Holiday is causing […]
President Erdogan announced that on April 2, 3, and 4, public employees will be on administrative leave, allowing the public to have a total of 9 days off during the holiday. Following this announcement, the working schedule of banks became a topic of interest. So, when do banks open after the holiday? Are banks open […]
The administration’s tariffs imposed by President Trump seem to be based on a misguided belief that raising prices can be done one step at a time. Frédéric Bastiat, a renowned French economist and satirist, frequently mentioned the effects of economic measures that are both seen and unseen. For example, let’s consider President Trump’s tariffs on […]
President Trump and Republicans aim to enact a bill that slashes taxes by $4.5 trillion, partly offsetting this through cuts in government spending by $2 trillion, such as reducing Medicaid and SNAP by $800 billion. Using spending cuts to balance tax reductions can worsen an already flawed economic policy. If Republicans wish to cut taxes, […]
The U.S. Congressional Budget Office (CBO) has reported that if action is not taken on the debt limit, the government’s ability to borrow using extraordinary measures may be exhausted in August or September. The CBO released its “Federal Debt and Legal Limit” report, reminding that the current debt limit of $36.1 trillion has been reached […]
The President of the Central Bank, Fatih Karahan, emphasized that there is no disruption in the fundamental dynamics of the economy and stated, “We have taken and will take the necessary steps proactively within market rules.” Speaking at the Economy Meeting organized by the German-Turkish Chamber of Commerce and Industry in Istanbul, President of the […]
In Samsun, facilities with an annual capacity of 200,000 will be established to produce Chery’s new generation vehicles. The size of the investment will be $1 billion. President Recep Tayyip Erdoğan presented a certificate of appreciation to company representatives for the investment in a facility with an annual capacity of 200,000 vehicles in Samsun. Following […]
The Independent Industrialists and Businessmen’s Association (MÜSİAD) stated that the opposition’s boycott calls aim to reverse the achievements of the Turkish economy, expressing their disappointment as representatives of the real sector when facing such calls. In a statement issued by MÜSİAD, it was noted that in recent years, the Turkish economy has gained great momentum […]
Diesel saw a hike of 1 lira and 42 kuruş per liter. Following the price increase, signs were changed. As for LPG, the price will increase by 55 kuruş tonight. The fluctuation in the exchange rate is impacting fuel prices. After gasoline and diesel, LPG prices also saw an increase. LPG prices will rise by […]
In Samsun, a facility with an annual capacity of 200,000 will be established to produce Chery’s next-generation vehicles. The investment’s magnitude will be $1 billion. President Recep Tayyip Erdoğan presented a certificate of appreciation to company representatives for the investment in a facility with an annual capacity of 200,000 vehicles in Samsun. Following the introduction […]
