Construction Costs Reach Four-Year Low

The construction costs increased by 26.61% annually in January. Consequently, construction cost inflation hit the lowest level in four years. The Turkish Statistical Institute (TÜİK) released the construction cost index data for January. According to the data, the index rose by 9.1% compared to the previous month and 26.61% compared to the same month last […]

When will the FED interest rate decision be announced? Will the FED lower interest rates? (March 2025 FOMC Interest Rate Decision)

Ahead of the March interest rate decision by the Federal Reserve (FED), investors continue to nervously wait. The trade war initiated by U.S. President Donald Trump over tariffs has increased uncertainties about the country’s economic outlook, leading to continued selling pressure in the markets. Following these economic events, all investors are now turning their focus […]

The Rise of Euro Continues

Concerns about a slowdown in the US economy weakened the dollar. The Euro/dollar parity reached a four-month high at 1.09. Euro/TL, on the other hand, hit a record high at 39.87. While fears of a slowdown in the US economy had an impact on global markets, the dollar’s loss of strength accelerated. Concerns that the […]

Increase in the Number of Electric Buses in Europe: Impact of Laws Evident

Europe, which has had a pivotal year in eco-friendly transport solutions, has announced that 49% of urban buses sold in 2024 were zero-emission. If this transformation continues at this pace, it is estimated that all buses on the continent will be electric within five years. Throughout the year, 49% of urban public transportation buses sold […]

Scientists Make New Discovery: Battery Powered by Nuclear Waste

Researchers from Ohio State University have announced the development of a battery powered by nuclear waste. Aerospace engineer Ibrahim Oksuz emphasized that in the future, this method could be implemented on a larger scale. Using gamma radiation emitted from nuclear waste, the team from Ohio State University generated energy that could power microchips. Although the […]

Global Market Reacts Strongly to Recession Fear

Global markets were plunged into turmoil by the fear of recession. The SP 500 and Nasdaq indexes in the US stock market recorded sharp declines. One of the biggest losses occurred in Elon Musk’s electric vehicle company, Tesla. The global markets shook with the fear of recession. Uncertainty caused by US President Donald Trump’s tariffs […]

Blow to Billionaires Supporting Trump: Backers Lose Big

Amid the global recession earthquake, losses in technology companies stood out. Billionaire supporters of Trump suffered losses exceeding $300 billion. The person whose wealth eroded the most was Elon Musk, a close working companion of Trump. The possibility of economic slowdown in the United States shook the global markets. The U.S. stock market witnessed one […]

Second-hand Market Bustle Before the Holiday: Will Car Prices Rise?

The previously stagnant second-hand car market has started to pick up. Sales are beginning to revive before the holiday. Industry officials also noted that the rising euro is affecting prices. The holiday bustle in the second-hand car market has begun. Car prices have been rising below inflation for a long time. According to industry officials, […]

Toxic Collision in the North Sea: Accident Area Declared Restricted Zone

Following the collision of an oil tanker and a cargo ship in the North Sea, the fire response and search operations have been concluded. A total of 36 crew members were rescued, while one person is still missing. It was reported that the cargo ship contained 15 containers of sodium cyanide, leading to the declaration […]