Türkiye has announced a proposed budget of approximately 27.28 trillion Turkish lira ($550.8 billion) for the year 2027, focusing on fostering economic growth and improving housing infrastructure. Vice President Cevdet Yılmaz highlighted the budget's aim to bolster the country's economic resilience, enhance investment, and uplift living standards amid ongoing global economic challenges. The proposal is set to be presented to Parliament for approval.
The government...
The International Monetary Fund (IMF) has adjusted its global economic growth forecast for 2026 to 3.1%, a slight increase from its previous prediction of 3.0%. However, this remains below the 3.5% growth experienced in 2025. Looking ahead, the global economy is projected to expand by 3.4% in 2027.
The IMF attributes part of the economic resilience to investment in artificial intelligence (AI), which helps counterbalance...
Turkish President Recep Tayyip Erdoğan and Indonesian President Prabowo Subianto recently discussed ways to enhance cooperation between Türkiye and Indonesia during a phone conversation....
Turkish President Recep Tayyip Erdoğan affirmed the resilience of Türkiye’s capital markets, emphasizing that recent issues in the investment fund sector are contained and...
The United States, Denmark, and Greenland have reached an agreement to bolster security cooperation in the Arctic, allowing a significant expansion of the U.S....
Gold prices are hovering near $4,400 an ounce as investors await new U.S. inflation data that could impact the Federal Reserve's upcoming interest-rate decisions....
Türkiye has successfully concluded its withdrawal from the FX-protected deposit scheme known as KKM, as official banking figures confirm the account volumes have dwindled...
Anthropic is positioning itself as a formidable contender against SpaceX in the race for the largest initial public offering (IPO) slated for 2026. As...
EasyJet has confirmed its acceptance of a £5.7 billion acquisition offer from Apollo Global Management, a US-based private equity firm, following the withdrawal of...
In a recent phone conversation, Turkish President Recep Tayyip Erdoğan and Senegalese President Bassirou Diomaye Faye discussed ways to enhance bilateral relations, focusing on...