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Economy
Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
Fitch Ratings Sets Turkey's 2026 Outlook to "Neutral": Election and Inflation Risks Persist
International credit rating agency Fitch Ratings has announced a "neutral" outlook for Turkey's financial and public sectors for 2026, citing election cycles, high inflation, and regulatory changes in banking.
Stephen Miran Lowers Rate Cut Expectation to 100 Basis Points
Fed Governor Stephen Miran has reduced his projected interest rate cuts for the year from 150 to 100 basis points, citing the resilience of the U.S. economy and a strong labor market.
Aydıncık Yacht Harbor Project to be Tendered via BOT Model
The tender process for the Aydıncık Yacht Harbor Project has commenced under the Build-Operate-Transfer model, with bids being accepted until May 5.
TEPAV Director Cunedioğlu: Cigarette Pack Should Be 161 TL Relative to National Income
TEPAV Director Ekrem Cunedioğlu argues that cigarette prices in Turkey have become significantly cheaper relative to national income, suggesting a pack should cost 161 TL to match 2010 affordability levels.
Escalating Middle East Tensions Push Oil Prices to 6-Month Highs
U.S. nuclear pressure on Iran and increased military activity in the region have triggered global supply concerns, driving Brent crude prices toward the $72 mark.
Region in Antalya's Korkuteli Declared Renewable Energy Resource Area
The Ministry of Energy and Natural Resources has designated a specific site in the Korkuteli district of Antalya as a Renewable Energy Resource Area (YEKA) to boost Turkey's clean energy capacity.
Nvidia Preparing to Invest $30 Billion in OpenAI
Technology giant Nvidia is reportedly planning to invest up to $30 billion in OpenAI, a move that could propel the AI firm's valuation to $730 billion.
Gold Prices Set for Weekly Loss as Markets Await US Inflation Data
A strengthening dollar and uncertainty over Federal Reserve interest rate policies continue to weigh on gold prices, which are on track for a 1% weekly decline.
Drug Testing Era in Turkish Recruitment: New Standards for Strategic Sectors
Critical sectors in Turkey, including energy, defense, and transportation, are increasingly making drug testing a mandatory part of recruitment. This shift has led to a sevenfold increase in laboratory demand as companies integrate these screenings into corporate risk management.
TSKB Report: Turkey's Automotive Dependency and Chinese Competition Rise in EU Exports
An analysis by TSKB reveals that 59% of Turkey’s export growth to the European Union is driven solely by the automotive sector, while market share has been lost to China in 44 product groups.
Ministry of Treasury and Finance Cracks Down on Unauthorized Currency Exchange Offices: 859 Businesses Closed
The Turkish Ministry of Treasury and Finance has shut down 859 unauthorized currency exchange offices since 2018 to combat the informal economy. Starting in 2026, the minimum administrative fine for such violations will rise to 719,000 TL.
Minneapolis Fed President Kashkari: Policy Rate Close to Neutral Level
Minneapolis Fed President Neel Kashkari stated that the U.S. central bank's policy rate is approaching a "neutral" level, suggesting that the room for future interest rate cuts is narrowing.