Economy

Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.

January Card Spending Volume Exceeds 1.9 Trillion Lira: BKM Data Released

January Card Spending Volume Exceeds 1.9 Trillion Lira: BKM Data Released

Date: 2/24/2026, 12:00:00 AM Views: 0

According to Interbank Card Center (BKM) data, credit card spending volume reached 1.9 trillion TL in January, a 43.5% annual increase. While the number of cash withdrawals decreased, the total transaction volume continued to rise.

ICI President Bahçıvan: Interest Rate Cuts Difficult Without Lower Food Inflation

ICI President Bahçıvan: Interest Rate Cuts Difficult Without Lower Food Inflation

Date: 2/24/2026, 12:00:00 AM Views: 0

Erdal Bahçıvan, President of the Istanbul Chamber of Industry, stated that bringing food inflation down to OECD averages would lower overall inflation and create room for the Central Bank to implement interest rate cuts.

Illicit Trade Threat in Tobacco Sector: Tax Loss Could Reach 100 Billion Lira in 2025

Illicit Trade Threat in Tobacco Sector: Tax Loss Could Reach 100 Billion Lira in 2025

Date: 2/23/2026, 11:47:26 PM Views: 0

Experts at the Omni Science conference in Ankara warned that Turkey's illicit tobacco market could cause tax losses of 100 billion lira by 2025 due to the rise of unregulated next-generation products.

Fitch Ratings: China's Internal Financial Imbalances Reach Record Levels

Fitch Ratings: China's Internal Financial Imbalances Reach Record Levels

Date: 2/23/2026, 11:40:00 PM Views: 0

International credit rating agency Fitch Ratings reports that financial imbalances in the Chinese economy have reached historic peaks due to high household savings and weak consumption.

Amazon Announces $12 Billion Data Center Investment in Louisiana

Amazon Announces $12 Billion Data Center Investment in Louisiana

Date: 2/23/2026, 11:39:46 PM Views: 0

Tech giant Amazon has unveiled a $12 billion plan to build new data center campuses in Louisiana, aiming to boost infrastructure and support thousands of jobs.

Anthropic Accuses Chinese AI Firms of Data Theft: 16 Million Unauthorized Transactions

Anthropic Accuses Chinese AI Firms of Data Theft: 16 Million Unauthorized Transactions

Date: 2/23/2026, 11:12:22 PM Views: 0

U.S. artificial intelligence startup Anthropic has accused Chinese companies DeepSeek, MiniMax, and Moonshot of violating service terms by using "distillation" to train their models with data extracted from Claude.

Fighting Inflation in Turkey's Economy: The Need for Production and Structural Reform

Fighting Inflation in Turkey's Economy: The Need for Production and Structural Reform

Date: 2/23/2026, 10:31:02 PM Views: 0

An analysis of Turkey's structural economic issues highlights that revising inflation targets is insufficient; permanent solutions require production-oriented policies, fiscal discipline, and the restoration of trust.

Lagarde: Europe Can Achieve Economic Leap by Integrating AI into Industry

Lagarde: Europe Can Achieve Economic Leap by Integrating AI into Industry

Date: 2/23/2026, 10:19:04 PM Views: 0

European Central Bank President Christine Lagarde emphasized that while Europe may not lead in developing AI models, it can gain a significant economic advantage by applying the technology to industrial and manufacturing processes.

CHP Central Executive Board Meets Under Özgür Özel: Economy and March 2 Meeting on the Agenda

CHP Central Executive Board Meets Under Özgür Özel: Economy and March 2 Meeting on the Agenda

Date: 2/23/2026, 10:09:32 PM Views: 0

Chaired by CHP Chairman Özgür Özel, the Central Executive Board discussed economic and foreign policy issues alongside preparations for the major meeting scheduled for March 2.

Bakery Fined in Bilecik for Selling Underweight Ramadan Pita: Seized Goods Donated to Children's Homes

Bakery Fined in Bilecik for Selling Underweight Ramadan Pita: Seized Goods Donated to Children's Homes

Date: 2/23/2026, 10:02:03 PM Views: 0

A bakery in Bilecik was fined after inspections revealed Ramadan pitas were being sold below the mandatory weight. The seized products were donated to local state-run children's homes to prevent waste.

Bilal Saygılı Delivers Messages on Economy and Izmir Local Government at MÜSİAD Iftar

Bilal Saygılı Delivers Messages on Economy and Izmir Local Government at MÜSİAD Iftar

Date: 2/23/2026, 8:48:00 PM Views: 0

AK Party Izmir Provincial Chairman Bilal Saygılı evaluated Turkey's economic growth, defense industry achievements, and Izmir's local governance issues during a MÜSİAD Izmir iftar event.

World Bank: Ukraine's Reconstruction Cost Rises to $588 Billion

World Bank: Ukraine's Reconstruction Cost Rises to $588 Billion

Date: 2/23/2026, 8:46:59 PM Views: 1

The World Bank has updated Ukraine's 10-year reconstruction and recovery cost to $588 billion, nearly triple the country's projected 2025 GDP.

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