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Tensions in the Strait of Hormuz Cause Oil Prices to Rise by Nearly 3%

The tensions between the US and Iran are affecting the Strait of Hormuz, causing oil prices to rise. Brent oil rose by 2.8% to $78.14. In response to these developments, the US Central Command announced that the US military had struck 140 targets and continued its attacks on Iran. Iran retaliated with attacks on US…
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Magnitude 6.5 Earthquake Hits Papua New Guinea

A 6.5 magnitude earthquake struck Papua New Guinea's Lorengau region, as reported . According to the United States Geological Survey (USGS), the earthquake occurred on Monday. The USGS stated that the earthquake happened at a depth of 47.8 km (29.7 miles). There have been no reports of casualties or damage following the incident.
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Can Gum Disease Increase the Risk of Heart Valve Disease?

A new study has found that bacteria that cause gum disease may not only affect oral health but also heart valves. According to research presented at the American Heart Association's 2026 Basic Cardiovascular Sciences Scientific Sessions, the bacterium 'Porphyromonas gingivalis', which causes gum disease, may contribute to calcification of the aortic valve and eventually to…
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Customs Duty on Dried Onions Reduced to 5% Until August 31

The Ministry of Trade announced that the customs duty on dried onions will be temporarily reduced to 5% until August 31 to ensure supply security and price stability. The Ministry stated that necessary measures have been taken in a timely manner to ensure supply security in basic food products and to meet the country's needs…
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1 Million Lira Fine for Unauthorized SMS by Personal Data Protection Authority

The Personal Data Protection Authority (KVKK) imposed a fine of 1 million lira on a savings finance company for sending marketing SMS and making calls without the explicit consent of a lawyer. Lawyer Ahmet Şahin had filed a complaint with the KVKK, stating that he had received marketing SMS on his cell phone without his…
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Changes in Settlement Dates at Borsa Istanbul

Due to the 15 July Democracy and National Unity Day, the settlement dates of transactions at Borsa Istanbul have been updated. Accordingly, the settlement of today's transactions will be carried out on Thursday, July 16, and the settlement of tomorrow's transactions will be carried out on Friday, July 17. As a result of the official…
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Japanese Researchers Discover Bacteria in Frogs That Can Fight Cancer

A study conducted in Japan found that a bacteria found in the intestines of Japanese tree frogs can eliminate colorectal cancer tumors in mice with a single dose. The research, led by the Japan Advanced Institute of Science and Technology (JAIST), examined 45 different types of bacteria found in the intestines of Japanese tree frogs,…
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US Attack on Iran Results in Casualties

The US attack on Iran early in the morning has resulted in the loss of life of 1 security personnel and injury of 4 others in the city of Mahshahr in the Khuzestan province. According to the Deputy Governor of Khuzestan, Veliyullah Hayati, one of the munitions used by the US hit the agricultural water…
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The Cost of Diversification from China: $23.6 Trillion

The Western world's efforts to reduce its economic dependence on China will take around 25 years and require trillions of dollars in investments, which could also trigger inflation. An analysis by EY-Parthenon, a consulting firm, calculated the cost of the Western world's efforts to diversify from China. According to the report, the distribution of additional…
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Intense Interest in Tax Debt Installment: Applications Continue

The regulation regarding the installment of debts to tax offices is receiving great interest from taxpayers. According to the data from the Revenue Administration of the Ministry of Treasury and Finance, a total of 206 billion liras of debt has been included in the installment scope. Those who want to installment their tax debt, traffic…
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