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ECONOMY
Syrian Pound Strengthens After Regime Collapse
The Syrian Pound has gained value against the US dollar following the fall of the Assad regime, easing economic conditions in the country. With the foreign exchange ban lifted, money changers in Damascus are openly trading dollars…
China Hits Back with Tariffs and Google Probe
China announced retaliatory tariffs on U.S. imports and launched an antitrust investigation into Google following Washington’s decision to impose additional duties on Chinese goods.
Starting February 10, Beijing will…
Trudeau Retaliates to Trump’s Customs Duty Decision Against Canada
Hours after US President Donald Trump signed the decree that would impose additional customs duties on imports from Canada, Mexico and China, Canadian Prime Minister Justin Trudeau announced at a press conference in Ottawa that customs duty…
Croatians Refuse to Shop to Boycott Increasing Prices
Citizens in Croatia, the country with the highest inflation in the euro zone, boycotted stores, market chains and gas stations by not shopping all day yesterday due to extreme price increases.
The boycott, which was initiated on social…
Syria Lifts Ban on Second-Hand Goods After Baath Regime Overthrow
Following the fall of Syria's 61-year Baath regime, the ban on selling second-hand goods, enforced during Hafez al-Assad's rule, has been lifted. Street vendors and citizens have begun trading on Damascus's bustling streets, a…
Acemoğlu, Johnson, and Robinson Win Nobel Prize in Economics
The Nobel Prize in Economics was awarded to Turkish-American citizen Daron Acemoğlu, Simon Johnson, and James A. Robinson for their groundbreaking research on the formation of institutions and their impact on societal…
Yusufeli Dam Contributes 6 Billion Liras Annually to Turkish Economy
Artvin Governor Dr. Turan Ergün inspected the Yusufeli Dam, the tallest in Türkiye and the fifth highest in the world, highlighting its significant impact on the economy. During his visit to the dam, Ergün explained that the…
Minimum Pension Increased to 12,500₺ in Türkiye
Abdullah Güler, Member of the Turkish Grand National Assembly, stated in a press statement that their tax package draft, which mainly aimed at strengthening tax justice, will include a regulation to increase the lowest pension. According to…
Turkish-German Business Meet in Düsseldorf
The İs Dünyası (Business World) in Türkiye magazine recently convened Turkish and German business figures in Düsseldorf for the third consecutive year. This gathering, aimed at fostering business and…
French Farmers Block Roads to Ministry of Agriculture
A group of farmers in France's Paris staged a protest against the import of cheap food products ahead of the agricultural fair to be held tomorrow. Claiming that their income was negatively affected by high prices and demanding better…