30% of Gas Demand to Come from Sakarya by 2030

Energy and Natural Resources Minister Alparslan Bayraktar noted that approximately 7.5 million cubic meters of gas are produced daily in the Sakarya gas field, stating that “30% of our gas demand will come from Sakarya by 2030.” Bayraktar highlighted that as energy demand in Turkey increases, more investments are being made in oil, natural gas, […]

Decline in Foreign Currency Protected Deposits

Last week saw a withdrawal of 21 billion lira from foreign currency protected deposit accounts. The decrease in foreign currency protected TL deposits and participation accounts continues. Foreign currency protected TL deposits and participation accounts dropped from 846.6 billion lira to 825.4 billion lira. Meanwhile, loans increased from 16 trillion 857.6 billion lira to 17 […]

Google Introduces Artificial Intelligence Models for the Robotics Industry

Google unveiled two new artificial intelligence models developed based on Gemini 2.0. The company stated that these models aim to enable robots in the industry to work more harmoniously with their environment and carry out complex tasks more efficiently. TWO NEW MODELS: Gemini Robotics and Gemini Robotics-ER Google designed two new artificial intelligence models based […]

Attempt of new attack by forces loyal to Assad in Syria thwarted

Security forces in Syria reportedly foiled an attack attempt on a military barracks in rural Latakia planned by elements of the Bashar al-Assad regime. According to a report attributed to the Ministry of Defense by the official Syrian news agency SANA, elements of the ousted regime attempted to attack a military barracks in rural Latakia. […]

Is inflation or tariffs more important for the Fed?

In the markets, US inflation came in below expectations. Expectations of 2 rate cuts by the Fed were quickly bought up. However, investors later remembered Trump and the tariffs.

Central Bank: Strengthening the disinflation process

The Central Bank announced that the disinflation process will strengthen with real appreciation in the Turkish Lira and improvements in inflation expectations. The summary of the Central Bank’s Monetary Policy Committee (MPC) meeting was published. In the statement by the CBRT, it was stated that the steadfast stance in monetary policy has strengthened the disinflation […]

Industrial Production Increased in the Euro Area

In the Euro area, industrial production rose by 0.8 percent in January compared to the previous month. The European Union’s statistical office, Eurostat, released seasonally adjusted industrial production data for the EU and the Euro area for January. Accordingly, industrial production in the Euro area increased by 0.8 percent in January compared to December, while […]

New season starting in Formula 1

Excitement for the new season in Formula 1 is rising. The 2025 Formula 1 World Championship will feature 24 races in 21 countries across 5 continents. The 2025 season in Formula 1 will kick off on March 16th in Australia and conclude on December 7th in Abu Dhabi. Due to Ramadan, Bahrain and Saudi Arabia’s […]

A Historical Step in Illuminating the Past of the Universe: Mapping the 3D Map of Space

NASA has launched the space telescope named SPHEREx into space. The telescope, set to last for two years, will map over 450 million galaxies during its mission. NASA successfully sent the space telescope called SPHEREx (Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer) into orbit to understand the origins of […]