Kategori: Economy

A new increase in fuel prices is expected. According to information from sector sources, a 2.19 lira increase is expected in the liter price of gasoline. However, due to the effect of the escalator mobile system, this increase is expected to be reflected at the pump as only 55 kuruş. This situation indicates that fuel…

US President Donald Trump's 2025 financial disclosure reveals that he earned over $1 billion in income from crypto investments in the first year of his return to office. This figure has drawn attention to Trump's earnings from the crypto sector. According to Trump's 927-page financial disclosure, he earned $635 million in royalties from the Trump…

The leading cryptocurrency, Bitcoin, has plummeted to its lowest level in 21 months due to concerns over higher interest rates and its largest corporate buyer. Bitcoin dropped by as much as 1.5% to $57,742, its lowest level since September 17, 2024, before somewhat stabilizing. The hawkish comments from Federal Reserve (Fed) policymakers have fueled expectations…

The Ministry of Environment, Urbanization, and Climate Change has launched the Deposit Management System across Turkey. Citizens can return packaging made of plastic, glass, and aluminum under the DOA (Deposit-Bearing Packaging) scope and receive a deposit incentive of 1 TL per packaging. With the implementation of the Deposit Management System, the goal is to recycle…

Russia has achieved the second position in the global ranking in terms of the increase in wealth per capita over the past five years. This increase was calculated by subtracting total debts from the sum of financial assets and real assets such as real estate. Russia's economic policies and its position in global trade were…

A textile giant that has been active in the men's and women's clothing sector for years has officially gone bankrupt after failing to overcome its financial difficulties. The company, which was based in Izmir and Manisa, had been a major player in the textile industry for 23 years. However, due to economic hardships, the company…

The UK government has indicated it may intervene in the planned acquisition of Warner Bros. Discovery by Paramount. Culture Minister Lisa Nandy stated that the government is inclined to intervene in the deal, citing concerns about media diversity. Paramount had obtained regulatory approval in several countries, including the US, where the Department of Justice approved…

The results of the Turkish Confederation of Labor's (TÜRK-İŞ) research on poverty and hunger thresholds for June have been announced. Accordingly, the monthly food expenditure for a family of four is 35,758.88 lira. When other necessary expenses such as clothing, housing, transportation, education, and health are added to food expenses, the poverty threshold rises to…

The average rent for a 100 square meter apartment in Turkey was announced as 24,179 lira. Istanbul, with an average rent of 40,453 lira, has the highest average rent. In Istanbul, there was an approximate 10% increase in rent prices. The districts of Kadıköy and Beşiktaş had the largest share in this increase. Istanbul Chamber…

Gold prices continue to decline due to the strengthening dollar and oil prices following the US-Iran war. Gold has recorded its biggest monthly loss since October 2008 and has been declining for four consecutive months. According to NTV's report, gold prices have dropped below $4,000 per ounce, reaching their lowest level in about eight months.…