Türkiye has set forth a proposed budget for 2027 valued at approximately 27.28 trillion Turkish lira, or $550.8 billion, focusing on key priorities such as reducing inflation, boosting housing investments, enhancing employment, increasing exports, and fostering economic growth. Vice President Cevdet Yılmaz emphasized that the budget is designed to bolster economic resilience while simultaneously supporting investments and improving living standards, all amidst challenging global...
The International Monetary Fund (IMF) has revised its global economic growth forecast for 2026, predicting a slight increase to 3.1%, up from an earlier estimate of 3.0%. Despite this upward adjustment, the projected growth remains below the 3.5% expansion experienced in 2025. The IMF anticipates a growth rate of 3.4% for 2027, suggesting a modest upward trajectory in the global economy.
The IMF attributes part...
Tesla has reported disappointing second-quarter earnings, with its profit falling short of Wall Street's expectations even though its revenue exceeded forecasts. This news prompted...
In a significant market shift, Apple has reclaimed its status as the most valuable company globally, surpassing Nvidia in terms of market capitalization. As...
In a bid to bolster economic ties, India's Union Commerce and Industry Minister Piyush Goyal recently engaged in separate discussions with Finland's Deputy Prime...
In a significant diplomatic engagement, Turkish President Recep Tayyip Erdoğan and Pakistani Prime Minister Shehbaz Sharif convened in Istanbul to discuss the enhancement of...
In a significant move to enhance their bilateral relationship, Türkiye and Kyrgyzstan have pledged to deepen their cooperation across various sectors, emphasizing trade, investment,...
For the first time, Türkiye's defense and aerospace industry has achieved a significant milestone, with exports surpassing $11 billion over a rolling 12-month period....
The European Union has implemented a new customs handling fee of €3 ($3.40) on low-value e-commerce parcels arriving from outside the bloc. This fee...
In a recent diplomatic engagement, Turkish President Recep Tayyip Erdoğan held discussions with Singapore Prime Minister Lawrence Wong, focusing on enhancing bilateral relations and...