US Decision on Gazprom Exemption for Turkey

Following negotiations between Turkey and the United States, the exemption period for Gazprombank sanctions has been extended until May. The United States has decided to extend the exemption requested by Turkey regarding Gazprombank. The exemption granted to Turkey on December 20 was set to expire today. The Ministry of Treasury and Finance, along with the […]

Strong Foreign Purchases in the Stock Market

Foreign investors bought $480 million worth of shares last week, marking the highest stock purchase by foreigners in the past 1.5 years. The Central Bank of the Republic of Turkey (CBRT) published its weekly securities statistics. Foreign residents made a net purchase of $480.1 million in shares in the week of 14 March. This figure […]

Motorcycle tax brakes: Sales decreased by half

At the beginning of the year, an additional customs duty was imposed on motorcycle sales. As a result, prices also increased. Motorcycle sales decreased by half in the first two months of the year. After breaking records for the past five years, motorcycle sales dropped this year. At the beginning of the year, an additional […]

Canada should challenge Trump’s threats by eliminating all tariffs

Currently, it seems that a full-blown trade dispute has erupted with the United States, our closest neighbor and ally. Despite being deeply intertwined with the American economy, Canada has been hit hard by tariffs and has retaliated accordingly. The ruling Liberal Party, which was on the brink of political irrelevance not long ago, has experienced […]

Stock market rose in the first half of the day

The BIST 100 index in Borsa Istanbul increased by 2.05% in the first half of the day, reaching 10,062.42 points. Moving in an upward trend in the first half of the day, the BIST 100 index rose to 10,062.42 points with an increase of 202.13 points and 2.05% compared to the previous closing at 1:00 […]

Currency-Protected Deposits Decreased to Below 800 Billion Lira

The total balance in currency-protected TRY deposits and participation accounts dropped to 798.8 billion lira. The decline in currency-protected deposits continues. Currency-protected TRY deposits and participation accounts decreased from 825.4 billion lira to 798.8 billion lira last week. According to the Banking Regulation and Supervision Agency (BDDK) data, a total outflow of 26.6 billion lira […]

Vice President Yilmaz: Unemployment Rate Beyond the OVP Target

Vice President Cevdet Yilmaz announced that the unemployment rate saw an improvement beyond the OVP target, reaching 8.7% in 2024. Evaluating the labor force statistics for 2024 released by the Turkish Statistical Institute on his social media account, Vice President Cevdet Yilmaz emphasized the increase in labor force participation, decrease in unemployment, and the continuation […]

Agricultural Input Prices Increased

The Agricultural Input Price Index rose by 30.49% annually and 5.89% monthly in January. The index hit its lowest level since June 2023. The Turkish Statistical Institute (TurkStat) released the Agricultural Input Price Index (Agri-GPI) data for January. According to the data, the index increased by 5.89% compared to the previous month, 30.49% compared to […]

Unemployment Slightly Increased in the UK

In the United Kingdom, the unemployment rate increased by 0.1 percent to 4.4% during the three-month period covering November 2024 to January 2025. The UK’s Office for National Statistics (ONS) released data on unemployment and wages for the period of November 2024 to January 2025. Accordingly, unemployment rose to 4.4% in this period, marking a […]