Articles
Key Developments on the Economy and Politics Agenda for August 24, 2026
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In the last week of August, while domestic economic coordination and new financial data were monitored, rising geopolitical tensions and volatility in commodity markets came to the fore internationally.
Uptrend in Gold Prices: Ounce Price Reaches $4,650 Level
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Following the US Treasury Department's debt buyback move, bond yields and the dollar declined, while demand for precious metals increased. Gold thus reached its highest levels recorded since mid-May.
Iranian Economy Minister Medenizade Announces Preparation of Two-Year Plan Against US Sanctions
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The Iranian government addresses all scenarios through a two-year strategy prepared in response to US sanctions and economic restrictions. Economy Minister Medenizade acknowledged the impacts of the war on the petrochemical and steel sectors, while announcing that alternative measures have been implemented.
Reaction from Iranian Foreign Ministry Spokesperson Baghaei to US Economic Sanctions
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Iranian Foreign Ministry Spokesperson Esmaeil Baghaei stated that the economic pressures exerted by the US explicitly threaten international law, the United Nations Charter, and the principle of sovereign equality of states.
MSCI Updates Decisions on Türkiye Small Cap Index
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According to MSCI's latest update, Tera Yatırım Menkul, Tera Finansal Yatırımlar, and Kardemir (B) will not be added to the index. With the revision, the number of new companies to be included in the index remains at three.
German Economy Beats Expectations with 0.3 Percent Growth in Second Quarter
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As second-quarter GDP data for the German economy was announced, growth was recorded for three consecutive quarters for the first time since the pandemic. Infrastructure and defense spending alongside strong exports supported the recovery.
German Economy Grew 0.3 Percent in Second Quarter Supported by Exports
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The Federal Statistical Office of Germany revised the second-quarter GDP growth data upward from 0.2 percent to 0.3 percent. While export growth supported growth in the country, equipment investments declined.
US Announces New Sanctions on Iran as Pakistan Holds Diplomatic Contacts in Tehran
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Amid escalating pressure on Iran, the US announced new sanction decisions covering five sectors, including digital assets, gold, and aviation, while Pakistani Interior Minister Naqvi reported significant progress in contacts in Tehran.
Economy Coordination Board Convened: New Support Steps for Manufacturing, Exports, and Tourism
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In its seventh meeting of 2026, the Economy Coordination Board addressed macroeconomic developments and decided on comprehensive new financing and support packages for the industrial, export, and tourism sectors.
Recovery trend and expectations are increasing in the German economy
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The Ifo expectations index rose to 89.1 in August, achieving the longest streak since 2023, while the Bundesbank announced that the economy is recovering.
Consumer Confidence in the US Declined in August
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According to data from The Conference Board, consumer confidence in the United States recorded a drop in August.
Important Developments in the Economic and Political Agenda on August 25, 2026
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Prominent political visits, TURKSTAT data announcements, and international developments in Turkey and the world on August 25, 2026, are being closely monitored.