Kategori: Economy

A significant change has been made in the sale of inherited properties. With the 12th Justice Package, the first sale of inherited properties will be made only to family members. This regulation aims to resolve the long-standing disputes over inheritance and the sale of properties below their value. From now on, inherited properties such as…

As part of the fight against inflation, the Presidential Decree introduced a gradual application of the Special Consumption Tax (OTV) on motor fuel. According to this, the OTV on motor fuel will be zero until the end of August. The OTV amount will be 3 lira in September, 6 lira in October, 9 lira in…

The ongoing tension in the global oil market has led to an increase in fuel prices. The Ministry of Treasury and Finance has taken a step to mitigate this by deciding to reduce the Special Consumption Tax (ÖTV) on motorin. The conflict between Iran and the US is affecting oil transportation through the Strait of…

News of the extension of the ceasefire between the US and Iran sent markets into a frenzy. The Istanbul Stock Exchange saw a surge in buying, with the BIST rising by around 1.5% to 13,905 points. Gold prices also rose, reaching a daily high of 6,791 lira. Silver prices also jumped following the news of…

A 67-year-old farmer in China lost 25 acres of sesame crops after applying a pesticide recommended by an AI application. The incident has raised concerns about the reliability of AI advice, as the pesticide was used without expert supervision. The farmer, who had been using the AI application for about a year to manage his…

Fluctuations in Brent oil prices and exchange rates continue to affect fuel prices. As of August 12, 2026, the prices of gasoline, diesel, and LPG per liter have been updated in Istanbul, Ankara, and Izmir. The current prices, which are of interest to car owners, are as follows: the price of gasoline per liter, the…

Global markets are taking a cautious stance ahead of the release of US inflation data for July. A mixed picture emerges in Asian markets, while US and European futures are trading near flat. The price of Brent crude oil approaching $90 per barrel is also increasing pressure on the markets. The US inflation data, which…

A simultaneous operation was conducted in 6 provinces against a network that used bot software to book consulate appointments and sold them to individuals at exorbitant prices. 49 suspects were charged with allegedly scamming over 41,000 people and laundering over $1.7 billion. The investigation, led by the Istanbul Public Prosecutor's Office, found that the suspects…

Gold prices started the week strong but gave back gains, ending the day flat. The precious metal rose to $4,432.74, its highest level since June 5, before falling back to $4,397. In the domestic market, gold is trading at 6,726 TL per gram, up 0.2% on the day. The sustainability of the rally will be…

The expected fuel price increase, set to take place at midnight, has been cancelled due to changes in international market prices. As a result, the anticipated price hikes for diesel and gasoline will not be reflected at the pumps. Developments in global markets throughout the day led to the cancellation of the planned price increase.…