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Tag: Economy

Fatih Karahan becomes new governor of Türkiye’s Central Bank
Economy

Fatih Karahan becomes new governor of Türkiye’s Central Bank

February 3, 2024February 3, 2024

The Deputy Governor of the Central Bank of the Republic of Türkiye (CBRT) Fatih Karahan was appointed as the brand new governor of the central

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Turkish Central Bank chief Hafize Gaye Erkan steps down
Economy

Turkish Central Bank chief Hafize Gaye Erkan steps down

February 2, 2024February 2, 2024

Hafize Gaye Erkan, the primary lady governor of Türkiye’s Central Bank, introduced her resignation on Friday, saying that the financial insurance policies have began bearing

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IMF ups Türkiye, world 2024 forecast, sees global ‘soft landing’
Economy

IMF ups Türkiye, world 2024 forecast, sees global ‘soft landing’

January 30, 2024January 30, 2024

The International Monetary Fund (IMF) on Tuesday cited sudden “resilience” in main superior and rising market economies and faster-than-expected easing of inflation, because it edged

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Russia plans new system as dollar-based mechanism ‘unreliable, dangerous’
Economy

Russia plans new system as dollar-based mechanism ‘unreliable, dangerous’

January 28, 2024January 28, 2024

The Kremlin on Saturday mentioned Russia was engaged on a brand new system of financial relations with different nations because the U.S. dollar-based mechanism proves

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Ukraine’s hard-fought economic stability hinges on pending US, EU aid
Economy

Ukraine’s hard-fought economic stability hinges on pending US, EU aid

January 17, 2024January 17, 2024

As Ukraine grapples with a major funds shortfall, the hard-fought financial stability achieved by the federal government is in jeopardy because the nation’s main backers

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CBRT vigilant on inflation risks, ready to act if needed: Governor
Business

CBRT vigilant on inflation risks, ready to act if needed: Governor

January 15, 2024January 15, 2024

Türkiye’s central financial institution is cautious about inflation dangers and able to take any crucial motion if wanted, its governor mentioned at an investor assembly

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Germany reaches deal to end budget crisis with economy in disarray
Business

Germany reaches deal to end budget crisis with economy in disarray

January 5, 2024January 5, 2024

The German authorities has reached a deal to resolve a price range disaster following a month of tense negotiations after a courtroom ruling threw its

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Economy and markets surprised in 2023, but what’s in store for 2024?
Economy

Economy and markets surprised in 2023, but what’s in store for 2024?

January 1, 2024January 1, 2024

In a 12 months full of huge numbers, with robust positive aspects for shares and much more incredible flights for crypto, it was one shrinking

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Türkiye raises minimum wage by 49% for 2024
Economy

Türkiye raises minimum wage by 49% for 2024

December 27, 2023December 27, 2023

Türkiye raised the month-to-month minimal wage by 49% to TL 17,002 ($578.1) starting Jan. 1, Labor and Social Security Minister Vedat Işıkhan introduced Wednesday. Işıkhan’s

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Turkish tech chief touts strong interest after dayslong China trip
Economy

Turkish tech chief touts strong interest after dayslong China trip

December 25, 2023December 25, 2023

Industry and Technology Minister Mehmet Fatih Kacır voiced there’s sturdy curiosity in Türkiye on Monday after a dayslong journey to China, which he mentioned they

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