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Mehmet Şimşek's Statement on Fund Liquidation: Legal Process Warning for Earnings Above 10 Million TL
Minister of Treasury and Finance Mehmet Şimşek announced that legal proceedings will be initiated if individuals who made a profit of 10 million TL or more do not return the money during the liquidation process of troubled funds.
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Current Affairs
Economy
AI Companies Announce Wealth-Sharing Plans Ahead of IPOs
Leading artificial intelligence companies such as Anthropic and OpenAI are developing wealth-sharing models prior to their IPO processes to provide social benefit and balance potential impacts on the workforce.
News
Artificial Intelligence
Language Models
Decline in gold prices on Borsa Istanbul: Kilogram price drops below 6.5 million liras
While the kilogram price of standard gold on the Borsa Istanbul Precious Metals and Precious Stones Market completed the day with a 1 percent decrease at 6 million 560 thousand liras, the ounce price fell to 4 thousand 119.50 dollars.
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Economy
Treasury receivables reached 255.6 billion liras
According to the Ministry of Treasury and Finance data as of September 30, 2026, total Treasury receivables were recorded at 255.6 billion liras. The Turkey Wealth Fund accounts for the majority of this amount, while 8.5 billion liras were collected in the first nine months of the year.
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Economy
Protests over education and economy are growing in France
In the protests that began in France in September and peaked on October 17 with the participation of hundreds of thousands of people, demands are being made for better educational conditions, the cost of living, and the protection of public services. While clashes with security forces occurred during the demonstrations, the deterioration in economic data draws attention.
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Current Affairs
World
Economy
Education
Economic impact of quantum computers expected to begin in 2030
Quantinuum founder Ilyas Khan predicts that quantum technologies will begin to create real economic value starting in 2030. Stating that Turkey needs to take strategic steps in this field, Khan emphasized that the sector will develop in an integrated manner with artificial intelligence.
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Economy
Technology
Amazon to hire over 300,000 people for the holiday season
Amazon announced that it will employ over 300,000 people in full-time, part-time, and seasonal positions for the upcoming holiday period. The company plans to pay temporary workers an average hourly wage of $20 and offer fringe benefits such as health insurance to those who meet certain conditions.
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Science & Health