Economy
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GOLD HİT RECORD HIGH
Gold is nearing its record level, supported by expectations that upcoming inflation data might clarify the Federal Reserve’s pace of…
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Cost of living 3.51 percent for July
The Statistics Institute announced the cost of living rates for July. According to the data announced by the institution, the…
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Bank of England delays Basel bank capital rules until after summer
The Bank of England will not publish rules for implementing tougher global bank capital requirements until after the summer, it…
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Food inflation moderates to 1.89 per cent despite broader inflation spike
Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4…
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New minimum wage: Gross ₺34,070, Net ₺29,640
The Minimum Wage Determination Commission has set the second minimum wage for 2024. With a 23.5% increase, the new minimum…
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IMF to launch new Ukraine mission to review loan, latest economic developments
The International Monetary Fund will start a new Ukraine mission in coming weeks to assess the war-torn country’s $15.6 billion…
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TRNC economy shows growth trend
The World Bank has announced that the economy of the Turkish Republic of Northern Cyprus (TRNC) is expected to grow…
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Cost of living announced
The Statistics Institute has announced the cost of living rate for the month of April. According to their announcement, the…
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MicroStrategy leads crypto sector short losses with $2 bln hit since March
Short sellers betting against MicroStrategy have lost $1.92 billion since March, according to data from S3 Partners, highlighting the hit from…
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UK economy’s growth in February points to exit from recession
Britain is on course to exit its shallow recession after economic output grew for a second month in a row…
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