In Turkey, the number of wage workers increased by 1.1 percent in February compared to the same month last year, reaching 15,293,843 people. The Turkish Statistical Institute (TÜİK) released wage worker statistics for the month of February. Accordingly, the total number of wage workers in the industrial, construction, and trade-service sectors, which was 15,125,704 people […]
Positive sentiment increased in global markets following the announcement of the US’s decision to delay and exempt trade tariffs. While the protective trade policies of the US remain in focus for investors, news flow related to countries’ negotiation efforts is closely monitored. The increased risk appetite following the announcement that reciprocal tariffs will not be […]
Positive trends persist in gold prices amid uncertainty in trade. Ons gold traded near a record level of $2,230. Gram gold approached 4,000 liras. The demand for safe haven assets continues due to the uncertainty in global trade. Ons gold is hovering near a record level of $2,230. While the price of gold hit a […]
The Competition Board has approved the transfer of MACFit sports clubs in Turkey, which has 121 branches, to Benefit Systems. The Competition Board has given approval for the transfer of Mars Sports Club and Facilities Management Inc., which includes the sports chain MACFit, to the Poland-based Benefit Systems S.A. With this decision, Poland-based Benefit Systems […]
As the holiday season approaches, concerns are growing that President Trump’s unpredictable trade policies could disrupt Americans’ preparations for Christmas. The ongoing instability in stock and bond markets hasn’t done much to shake his supporters, but the uncertainty surrounding tariffs is causing anxiety among consumers. With the President frequently changing tariff rates and exempting certain […]
If you are managing a business with international transactions in Europe, South America, Mexico, or Canada, the concern about tariffs should not be too pressing. It is expected that costs might increase temporarily. But in the long run, the Trump administration will negotiate new rates that are likely to be lower than the current ones. […]
The Financial Stability Committee met under the chairmanship of Minister of Treasury and Finance Mehmet Şimşek. In a written statement from the Ministry of Treasury and Finance, it was noted that the meeting comprehensively assessed the macroeconomic outlook of the world and Turkey. Additionally, the statement indicated that current developments in the banking, capital markets, […]
Eggs are practically the main and cheapest source of protein in almost every household. However, the recent increase in prices has also started to affect the purchasing power of eggs. Industry representatives, on the other hand, believe that the rise in prices is temporary. (Reporter: Sinan Kunter) Whether it’s organic, free-range in the field, or […]
In the first two months of the year, approximately $2 billion in international direct investment poured into Turkey. The highest investment during this period came from Kazakhstan. Following the release of the Central Bank of the Republic of Turkey’s Balance of Payments statistics, the International Investors Association (YASED) published the Bulletin on International Direct Investments […]
The International Monetary Fund (IMF) indicated that increasing geopolitical risks could lead to significant declines in stock prices. During the spring meetings starting on April 21st, the IMF shared a section of the Global Financial Stability Report to be published, warning that the fluctuations caused by rising geopolitical risks could jeopardize the stability of financial […]
