The intense rainfall and storm in the Aegean Sea also struck the Greek islands. Streets turned into lakes in Paros island. Many Greek islands had to suspend classes. Floods carried cars away, inundated homes, and blocked roads. All of this happened within two hours. Touristic islands of Greece were hit by storms and floods. In […]
Corporate taxpayers can submit their 2024 tax returns between April 1-30. The declaration period has started for capital companies, cooperatives, economic public institutions, and enterprises of associations or foundations under corporate tax liability. Taxpayers can declare their corporate taxes for the 2024 tax period by the end of April. Corporate taxes will be paid between […]
Artificial intelligence company OpenAI has raised $40 billion in funding based on a valuation of $300 billion. Reports indicate that the U.S.-based AI company OpenAI secured $40 billion in funding with a valuation of $300 billion. According to a statement from OpenAI, the developer of the AI tool ChatGPT, the company has raised $40 billion […]
Ukrainian Minister of Foreign Affairs, Andrii Sybiha, announced that they have commenced discussions with the US on the new draft of the rare earth elements agreement text. Sybiha, who met with Lithuanian Minister of Foreign Affairs Kestutis Budris in Kiev, informed that they have started consultations with the US on the rare earth elements agreement […]
The inflation data to be released by the Turkish Statistical Institute (TÜİK) for the month of March is of particular importance to tenants and homeowners. With the announcement of the inflation rate for March, the rate of rent increase for April will also be determined. This rate will be calculated according to the Consumer Price […]
The Turkish Statistical Institute (TÜİK) announces inflation figures every month along with rental rate increases. The maximum rate of increase to be applied to house rents is calculated according to the 12-month average CPI data. The April 2025 rent increase rate will be determined based on the inflation data for March to be announced by […]
President of the EU Commission, von der Leyen, stated that they are prepared to retaliate strongly against US tariffs. The President of the European Commission, Ursula von der Leyen, discussed trade relations with the US and new tariffs during a plenary session of the European Parliament (EP) in Strasbourg. Von der Leyen emphasized that Europe […]
A report issued by the Japanese government has revealed the devastating impact of a possible mega earthquake. According to the report, a magnitude 9 earthquake in the Nankai Trough could result in the deaths of 298 thousand people. Following the 2011 magnitude 9 earthquake and tsunami that led to a nuclear disaster in Japan, a […]
In the Euro Area, the yearly inflation fell to 2.2% in March. The European Statistics Office (Eurostat) published preliminary inflation data for the Euro Area in March. According to the data, the annual Consumer Price Index (CPI) in the Euro Area, which was 2.3% in February, dropped to 2.2% in March. The CPI for March […]
A diplomatic crisis has erupted between Moldova and Russia. The Moldovan government accused Russia’s Chisinau embassy of facilitating the escape of pro-Russian Member of Parliament Alexandr Nesterovschi to prevent his imprisonment for illegal political financing. The government announced yesterday that it had deported three Russian diplomats accused of organizing the MP’s escape. Moldovan President Maia […]
