The Central Bank of the Republic of Turkey (CBRT) has raised the policy rate by 350 basis points to 46 percent. Expectations were that the policy rate would remain stable at 42.5 percent. Additionally, the Board increased the overnight borrowing rate by 300 basis points, from 46 percent to 49 percent. The overnight lending rate […]
Due to the power outage in Puerto Rico, hundreds of thousands of people were left without electricity and water. While some areas have electricity restored, most places continue to experience outages. The power outages that began on Wednesday afternoon in Puerto Rico in the Caribbean, continue to affect the entire island. The island plunged into […]
The interest rate decision for April by the Central Bank of the Republic of Turkey (CBRT) is eagerly awaited by investors. Ahead of the CBRT Monetary Policy Committee (MPC) interest rate decision, which directly affects the dollar, gold, stock market, and deposit rates, investors have moved to safe havens. Alongside the MPC interest rate decision, […]
Gasoline has seen an increase of 92 kuruş per liter. The revised prices have been reflected on the signs. The recovery in oil prices has resulted in a price increase for gasoline. A hike of 92 kuruş per liter has been implemented. The updated prices are now displayed on the signs. However, there has been […]
It has been reported that 1 person is in serious condition and 2 individuals were injured in an armed attack that took place in Brussels, the capital of Belgium. The South Region Police responsible for the Anderlecht, Saint-Gilles, and Forest districts reported yesterday that a new incident occurred near the Clemenceau metro station in Anderlecht […]
The weekend discounts at ŞOK market continue with the release of a new catalog. The ŞOK special products for April 19 have been announced. The built-in products at the chain market, located in many regions of Turkey, have drawn attention. A set consisting of a stove, oven, and range hood will be available for sale […]
Istanbul Airport has started implementing a triple independent runway system. Turkey became the first country in Europe to implement this practice. A new era of simultaneous triple independent runway operation has begun at Istanbul Airport. Three planes belonging to Turkish Airlines took off from the same area. Thus, Turkey became the first country in Europe […]
The number of individuals with more than 1 million lira in their accounts increased by 115,871 in two months, reaching a total of 2,123,799 millionaires. In February, the number of account holders with over 1 million lira increased by 115,871 compared to the end of 2024, with total deposits reaching 15,494,773 billion lira. According to […]
A study suggested that an “ancient sun oil” made from soil or ash paint could have protected Homo sapiens from radiation that proved lethal for Neanderthals. A recent study claimed that an “ancient sunscreen” used over 40,000 years ago played a role in the survival of modern humans while contributing to the “acceleration of the […]
Turkey’s producers, experiencing the most severe agricultural frost event in recent years, are deeply concerned. The agricultural frost that occurred in the Eastern Black Sea region due to dropping temperatures adversely affected tea following hazelnuts. Producers are anticipating a significant decrease in this year’s tea yield. Turkey faced the most severe agricultural frost event in […]
