The decision of China-based computer and smartphone manufacturer Lenovo to move its production facilities to India was made due to the new customs duties imposed by the United States. The uncertainty created by global trade wars and the high tariffs imposed by the US on China are causing technology companies to rethink their production strategies. […]
Trade war pricing continues to affect gold prices. The price of an ounce of gold has solidified its position above $2,900, driven by uncertainties. Meanwhile, a gram of gold is priced at 3,418 Turkish lira. The demand for safe-haven assets in gold persists amid global trade war fears. An ounce of gold is trading around […]
The percentage increase for the retirement holiday bonus will be clarified today. It is expected that the current bonus, which is 3,000 Turkish lira, will be raised to 4,000 lira with a 33% increase. The final decision on the increase in the holiday bonus for millions of retirees will be announced today. It is anticipated […]
Turkish citizens can acquire property and obtain residence rights in the archipelago of Svalbard, which is under the sovereignty of Norway, due to the implementation of the Spitsbergen Treaty. Companies, on the other hand, can engage in maritime and mining activities. With Turkey becoming a party to the Spitsbergen (Svalbard) Treaty that determines the status […]
China’s foreign exchange reserves reached $3.23 trillion in February. The State Administration of Foreign Exchange of China disclosed the data on foreign exchange reserves for the February 2025 period. According to the announcement, the country’s foreign exchange reserves saw an increase of $18.2 billion at the end of February compared to the previous month. With […]
The US government established a Strategic Bitcoin Reserve using confiscated Bitcoins. However, markets were shaken by this announcement as active Bitcoin purchases by the government were expected. Prices plummeted by more than $5,000, prompting investors and industry experts to discuss the long-term impacts of this move. On March 6, 2025, the US government signed an […]
In Germany, last year, more than 13,600 train services were canceled, resulting in a record compensation payment of 196.8 million euros to passengers. Transportation issues in Germany are leading to financial losses. Reports in the German press indicate that in 2024, 6.9 million passengers filed for compensation from the German Railways Deutsche Bahn (DB) due […]
Pressure is mounting on Google in the United States. The Department of Justice has reiterated its demand for the sale of Chrome. It was stated that the company can continue with its investments in artificial intelligence after being informed in advance. In the United States, the Department of Justice (DOJ) has once again voiced the […]
Due to the Ramadan month, discounted meat products were offered in the chain supermarkets across Turkey. The market, which attracted significant attention due to the discounts, saw long queues forming at the butcher’s counter. As Ramadan began, some supermarkets decided to stabilize prices for meat products. Following this decision, customers looking for cheap meat in […]
The passenger train from Van to Tehran will depart from Tehran today. The first journey from Van will take place tomorrow. Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that the passenger train from Van to Tehran will depart from Tehran today, with the first trip from Van scheduled for tomorrow. Uraloğlu recalled that the […]
