Various measures have been implemented to prevent the fluctuations in the markets after March 19. The economic administration conveyed a message stating, “If necessary, we will take additional measures.” As Bernanke mentioned, if verbal guidance policies constitute 98% of policies, then the emphasis on “additional measures” is actually the primary measure.
Private sector employment in the US saw an increase of 155,000 in March, surpassing market expectations. The national employment report for March, prepared by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, was published. It was expected that private sector employment, which exceeded market expectations, would increase by 118,000 during this […]
The President of Russia, Putin, has approved the sale of Goldman Sachs shares in Russian companies. President of Russia Vladimir Putin has approved the purchase of Goldman Sachs shares in some Russian companies by the company named Balchug Capital. The decree approved by Putin was published in the country’s legal information system. According to the […]
The ruling Fidesz Party in Hungary has introduced a bill to parliament that proposes dual citizens originating from third countries be stripped of citizenship for a period of 10 years if they pose a threat to national security. This bill has sparked debates in terms of international law. The new bill presented to parliament by […]
Sales of white goods recorded a rapid decline in February, with a decrease of 18% on an annual basis in Turkey. The white goods sector showed weak performance in February. According to the data from the Turkish White Goods Manufacturers Association, domestic sales fell by 18% to 852,820 units in February. During the same period, […]
The increase in car wash prices has led drivers to look for different alternatives. Drivers are now washing their vehicles by themselves at gas stations. As a result, they save about one-fifth of the cost. Car wash prices have risen, prompting drivers to self-wash their vehicles. Demand for automatic car wash machines at gas stations […]
The first quarter of the year was challenging for assets denominated in Turkish Lira. However, the winner of this period was gold. Turkish Lira assets faced a tough first quarter. The positive trend that had been ongoing since June 2023 in TL-denominated assets turned negative towards the end of March. The fluctuations in the TL […]
Paraguay has taken action due to allegations of espionage by Brazil. The Brazilian Ambassador Jose Antonio Marcondes has been recalled by Paraguay’s Ministry of Foreign Affairs to report on the “espionage activities” conducted against Paraguay in relation to the Itaipu hydroelectric power plant. The statement also mentioned that negotiations concerning the Itaipu energy plant, which […]
Apple has increased the prices of its iPhones and other products in Turkey. With the price hike, the cheapest iPhone price is 49,999 lira. Apple has raised the prices of iPhones and many other products in Turkey. With the price increases, the price of the cheapest iPhone model is 49,999 lira, while the price of […]
The Central Bank of Russia has left the door open for an additional interest rate hike in line with inflation targets. Deputy Governor of the Central Bank of Russia, Alexey Zabotkin, stated that inflation has been rising at a slower pace than expected in the first quarter, saying, “If inflation slows down at a different […]
