Kategori: Economy

Global oil prices surged on Wednesday as tensions between the US and Iran continued in the Persian Gulf and the threatened blockade in the Red Sea increased uncertainty in energy flows. The global benchmark Brent crude rose more than 3% to above $94 per barrel. US Secretary of State Marco Rubio stated that US forces…

Russian President Vladimir Putin met with the Cabinet to discuss the economic situation. During the meeting, Putin emphasized that despite external interference in the fuel and energy complex and some other sectors, the national economy and key sectors remain stable. Putin noted that the difficulties in these sectors are temporary and cannot affect the overall…

The Court of Cassation made a significant decision regarding the Bank and Insurance Transactions Tax (BMSV). The High Court ruled that if there is a provision in the contract, the tax should be paid by the consumer. The Court of Cassation made an important decision regarding the BMSV, which has been a legal issue between…

The gold market continues to be volatile due to developments in the Middle East and rising oil prices. Investors are watching as gold prices rise to $4,200 per ounce. US President Donald Trump's downplaying of the possibility of talks with Iran and warning of further attacks have driven up oil prices. The markets expect the…

The rise in global oil prices is affecting fuel costs. A 1.23 TL increase in the liter price of gasoline is expected. This situation may cause the liter price of gasoline to approach 70 TL in some provinces. Market observers note that the increase in global oil prices above $90 has created a new expectation…

In June, payments made with credit cards, debit cards, and prepaid cards in Turkey increased by 50% compared to the same period last year, reaching 2 trillion 867.7 billion liras. According to the data from the Interbank Card Center (BKM), the total number of cards in Turkey also increased by 4% compared to the same…

Oil prices surged over 2% due to increasing tensions between the US and Iran, as well as the announcement by Yemen’s Houthi rebels of a naval blockade against Saudi Arabia. Brent crude oil futures rose by 2.1% to $91.11 per barrel, while US West Texas Intermediate (WTI) futures increased by 2.49% to $85.30 per barrel.…

The administration of US President Donald Trump is reportedly preparing to announce new tariffs on approximately 60 countries. This move is seen as a new step in global trade policy. Under the new arrangement, import duties on these countries will range from 10% to 12.5%. This will replace the 10% global tariff imposed by Trump…

Morgan Stanley's new report highlights that rising energy prices and increasing geopolitical tensions could complicate Turkey's fight against inflation. The Turkish economy may be negatively impacted by tensions in the Middle East and energy price volatility. This situation could lead the Central Bank of the Republic of Turkey (TCMB) to postpone interest rate cuts and…

Gold prices were limited in their rapid rise due to increasing inflation concerns and the rise in expectations for the US Federal Reserve's (Fed) interest rate hike. Nevertheless, the ounce of gold exceeded the $4,000 threshold, while gram gold rose to 6,147 TL during the day. In international markets, the ounce of gold rose from…