Articles
Paddy rice harvest begins in Karabük: Producers await price expectations
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As the paddy harvest season begins in Karabük, producers have turned their eyes to the figures to be announced amidst yield drops and flood damage.
Discussions on the social, economic, and environmental impacts of artificial intelligence
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The integration of artificial intelligence into daily life, its environmental harms, and its effects on the labor market and mental health are being discussed.
Azerbaijan's largest pharmaceutical facility established with Turkish investment opens
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The country's largest pharmaceutical factory, built near Baku in partnership with Turkish investors, has started operations with a ceremony.
Euro hits 17-month low amid debt and political crisis concerns in Europe
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Pressures in the French bond market and political gridlock have negatively impacted the euro, dragging the common currency down to 17-month lows.
Statements by Minister Gürlek on Fund Investigation and Repatriation Process
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Minister of Justice Akın Gürlek announced that 85 suspects have been arrested in the fund investigation and legal proceedings have been initiated for the return of funds smuggled to Switzerland.
European Union takes step of flexibility in methane rules to lower energy costs
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European Commission President Ursula von der Leyen announced that an additional year of flexibility in methane rules will be provided to exporters in order to alleviate energy costs.
Energy price shock has not yet reflected in wages
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Bank of Finland Governor Rehn noted that the energy shock has not yet affected wages, but risks will grow if conflicts in the Middle East continue.
On Artificial Intelligence and Wealth Debates
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While it is emphasized that disruptive technologies throughout history have increased prosperity, it is noted that excessive regulations could weaken Europe's competitiveness.
US President Trump signs pre-election executive order against record diesel prices
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As record diesel prices and high living cost pressures persist in the US, President Donald Trump has signed a new executive order expanding access to tax-exempt fuel.
CBRT Rate Cut Expectations Strengthen Following September Inflation
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With annual inflation falling below 30 percent for the first time since November 2021 according to TURKSTAT data, economists' expectations for the CBRT to cut interest rates on October 22 have increased.
Istanbul Economy Forum Opens Its Doors at the Istanbul Finance Center
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Numerous high-level figures will attend the international gathering where global economy and monetary policies will be discussed.
Rising Public Deficit and Debt Crisis Threat in France
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Shaken by fiscal indiscipline and mass street protests, France's public debt has risen to 119 percent of GDP, while the budget deficit has climbed to 5.8 percent.