Kategori: Economy

Gold, which is often preferred during periods of economic uncertainty, has entered a significant decline in recent weeks. Gold, seen as a 'safe haven' during periods of economic uncertainty, has fallen to as low as $4,116 per ounce in recent days. The expectation that the US Federal Reserve (Fed) may keep interest rates high for…

The US Department of the Treasury's Office of Foreign Assets Control (OFAC) announced that it has removed sanctions on three Russian citizens. The statement from OFAC revealed that the following individuals have been removed from the SDN List: KRUGOVOV, Anton Alekseevich, TOPCHI, Tamara Aleksandrovna, and PUZYRNIKOVA, Natalya Vladislavovna. Krugogov was sanctioned due to his connections…

BRICS International Congress President Anand Purnima stated that despite severe economic sanctions imposed by the Western world, BRICS countries, particularly China and India, have played a crucial role in maintaining economic relations with Russia. Purnima noted that the pressure of sanctions has created new opportunities for the Global South alliance. The BRICS member countries have…

A large-scale operation was conducted in 9 provinces, including Istanbul, targeting companies in the fuel sector for tax evasion through fake invoices and fictitious exports. Minister of Justice Akın Gürlek made statements about the operation, announcing that 6 companies were seized, 10 companies were assigned trustees, and 27 suspects were subject to legal proceedings. The…

Celebrity fashion designer Cemil İpekçi has spoken out against the prices at cafes run by the Bodrum Municipality. İpekçi criticized the sale of hamburgers for 500 lira at municipal cafes. İpekçi considers these prices to be unacceptable and believes that municipal enterprises have strayed from their purpose. In a video he recorded at Mahfel Municipal…

US President Donald Trump announced that automotive manufacturers will convert their factories to produce weapons, including Patriot and Tomahawk missiles. At the White House, Trump told reporters that they have launched a comprehensive move to expand the defense industry. Trump stated, "We have plans to reconfigure the factories. We will produce weapons, including Patriots, Tomahawks,…

Deutsche Bank has revised its gold price forecast downward, with a 20% decrease in its third-quarter forecast and a 17% decrease in its fourth-quarter forecast. According to Deutsche Bank Research Analyst Michael Hsueh, the new targets indicate lower levels compared to previous forecasts. The bank's assessment suggests that gold prices may continue to rise for…

Entities with a turnover of 3 million lira and above in 2025 must transition to the e-invoice and e-archive system by July 1. TÜRMOB President İrfan Hüseyin Yıldız emphasized that non-compliant entities may face significant penalties. The obligation to transition to the e-invoice and e-archive application is not limited to the turnover criterion, but also…