Baykar Chairman Selçuk Bayraktar Reveals the Goal of a Major Collaboration

An agreement on a partnership in unmanned technologies has been signed between Baykar and the Italian defense company Leonardo. Baykar Chairman Bayraktar stated, “The synergy between Baykar and Leonardo will create the ability to significantly enhance the future aviation combat in a sense. This will also establish a common defense ecosystem.” Baykar Chairman Selçuk Bayraktar […]

Selçuk Bayraktar: Creating a Joint Defense Ecosystem through Partnership with Leonardo

An agreement on partnership in unmanned technologies has been signed between Baykar and the Italian defense company Leonardo. Baykar’s Chairman of the Board Bayraktar stated, “With the synergy created by Baykar and Leonardo, a capacity to enhance the future of aviation warfare in every sense is established. Additionally, a joint defense ecosystem has been formed.” […]

Trump’s Policy of Quid Pro Quo Taxes and the Strategy of Unfavorable Agreements

President Trump states that he is Tariff Man and Chief Disrupter at the same time. By pushing ahead with his new “reciprocal tariff” proposal, Trump is combining these two titles, intensifying his stance on tariffs. This plan aims to widen and elevate tariffs universally while empowering Trump to display favoritism through his trade policy. Unfortunately, […]

Tether Declares War: Cryptocurrency Exchange Garantex Pauses Operations

Garantex, a Russia-based cryptocurrency exchange, announced that it has temporarily halted operations due to the blocking of cryptocurrency wallets. In a written statement from Garantex, who is subject to sanctions by the European Union, it was reported that approximately $28 million worth of cryptocurrency wallets on the platform were blocked by Tether. The statement included […]

Record Level of Layoffs in the US

Layoffs in the US hit a record high, increasing by 245% compared to the previous month. In February, a total of 172,017 people were laid off due to layoffs in the federal government, canceled contracts, trade war fears, and bankruptcies. The consulting firm Challenger, Gray & Christmas, which keeps track of layoffs, released its report […]

Grant awarded to Dutch chip company from EU

The European Union will provide a grant of 62 million euros to the Dutch chip company AxeleraAI. The European Union will award a grant of up to 61.6 million euros (66 million dollars) to AxeleraAI, a company that produces artificial intelligence chips. This step is seen as part of the EU’s efforts to revitalize the […]

Gasoline Sees a Decrease of 2 Lira and 6 Kurus

As of tonight, there has been a decrease of 2 lira and 6 kurus per liter of gasoline. The decline in fuel prices is reflected as a discount at the pump. Effective from Friday, the price per liter of gasoline has been reduced by 2 lira and 6 kurus. In Istanbul, gasoline is sold at […]

Various Food Frauds Uncovered During Ramadan

Food inspections did not slow down during Ramadan, as the list of unreliable foods was updated. An incident revealed that pistachio baklava produced by a company contained sunflower seeds. Deceptions were found in sausage, cheese, and olive oil. The Ministry of Agriculture and Forestry intensified food inspections during Ramadan. The list of foods that threaten […]

TOBB urges banks to lower interest rates

TOBB President Hisarcıklıoğlu called on banks to reflect the interest rate cut to loans. Rifat Hisarcıklıoğlu, President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), shared a post on his social media account regarding the Central Bank’s reduction of the policy rate. Hisarcıklıoğlu pointed out that the Central Bank reduced the policy […]

Interest rate cut from the European Central Bank

The European Central Bank (ECB) reduced its three key policy rates by 25 basis points in line with market expectations. The ECB lowered its main interest rate from 2.75% to 2.5%. This marks the sixth interest rate cut in the last seven meetings. The ECB raised its inflation forecast for 2025 from 2.1% to 2.3%. […]