Economy
Global Oil Prices Jump 5% Amid US-Iran Tensions, Posing Challenges for Turkish Economy
Global oil prices surged by approximately 5% on July 13, 2026, driven by increased geopolitical tensions stemming from…
Category: Economy
Economy
Turkey’s Current Account Deficit Reached $1.4 Billion in May
The Central Bank of the Republic of Turkey (TCMB) announced that the country's current account balance registered a…
Economy
Turkish Ministry of Trade Launches E-Auction for Customs-Liquidated Vehicles and Vessels
The Turkish Ministry of Trade has initiated an e-auction to sell a wide range of vehicles and sea…
Economy
Russia’s Wheat Exports to Turkey See Significant Rise in 2025-2026 Agricultural Year
Russia significantly increased its wheat exports during the 2025-2026 agricultural year, with a notable portion of this growth…
Economy
NATO Ankara Summit to Showcase $70 Trillion Economic Power, Says…
Şekib Avdagiç, President of the Istanbul Chamber of Commerce (İTO), announced that the upcoming NATO summit in Ankara…
Economy
Turkey: Diesel Price Hike Expected Due to Special Consumption Tax
Turkey is bracing for an expected increase in diesel prices, known as motorin, from tomorrow. The hike is…
Economy
Turkey Launches New ‘Asset Peace’ Scheme to Repatriate Foreign Funds
Turkey has launched a new "asset peace" scheme, or "varlık barışı", enabling individuals and companies to declare foreign…
Economy
Turkish Analyst Predicts Gram Gold to Reach 10,000 TL by 2026
Turkish gold and money markets expert İslam Memiş forecasts a significant rise in gram gold prices, a crucial…
Economy
Turkey’s Cheapest New Cars for July 2026 Revealed
The list of Turkey's most affordable new cars for July 2026 has been confirmed, reflecting significant changes in…
Economy
Turkey: Over 160,000 Young Couples Receive State Marriage Loans
Turkey's Minister of Family and Social Services, Mahinur Özdemir Göktaş, announced that over 160,000 young people have received…