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...
Tesla's second-quarter financial results fell short of Wall Street's profit expectations, despite exceeding anticipated revenue. This has led to a more than 3% decline...
Apple has reclaimed the title of the world's most valuable company, surpassing Nvidia as investor interest pivots towards the future of artificial intelligence. On...
Union Commerce and Industry Minister Piyush Goyal recently engaged in separate dialogues with Finland's Deputy Prime Minister and Finance Minister Riikka Purra, alongside Minister...
In a significant diplomatic engagement, Turkish President Recep Tayyip Erdoğan and Pakistani Prime Minister Shehbaz Sharif convened in Istanbul to discuss strategies for enhancing...
Türkiye and Kyrgyzstan have pledged to further enhance their bilateral relationship by boosting cooperation in key areas such as trade, investment, and regional connectivity....
Türkiye has achieved a significant milestone in its defense industry, with defense and aerospace exports surpassing $11 billion over a 12-month rolling period for...
In a recent meeting, Turkish President Recep Tayyip Erdoğan and Singapore Prime Minister Lawrence Wong explored opportunities to deepen the bilateral relations between Türkiye...
Global oil prices saw a significant drop following the announcement of an interim agreement between the United States and Iran aimed at ending months...
A former engineer at xAI, an artificial intelligence company founded by Elon Musk, has initiated legal action claiming wrongful dismissal after voicing concerns about...
