Turkey-Azerbaijan Energy Cooperation | Minister Bayraktar: Infrastructure Ready to Double Exported Gas to Europe

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, […]

Reactions to Trump’s Tax Decision: Typical Unilateral Bullying

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 […]

Inflation rate for March to be announced today

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 […]

Pensioners’ holiday bonus: Differential payments start today

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 […]

Advice from US Treasury Secretary Bessent to Avoid Retaliatory Tariffs

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 […]

Reactions Follow Successive Shopping Boycott Calls

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 […]

Stock market closed with a decrease

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 […]

Implementing a ‘Current Policy’ Budget Baseline Would Lead to Severe Consequences

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 […]

36 thousand young people to receive free train tickets from the EU

The European Union will provide free train tickets for 36 thousand young people to travel around Europe. The European Union (EU) Commission announced that 36 thousand free pass cards will be distributed to 18-year-old youths residing in countries associated with the Erasmus+ program, including Turkey. In a written statement by the EU Commission, it was […]

Banks Halt 118 Billion Lira Net Profit

As of the end of February, the period net profit of the banking sector reached 118 billion 214 million lira. According to the report “Turkish Banking Sector’s Non-Consolidated Main Indicators” by the Banking Regulation and Supervision Agency (BRSA) for the February 2025 period, the sector’s total assets increased by 1 trillion 704 billion 319 million […]