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ECONOMY
China’s domestic airliner completes its test flight
The Chinese state-owned aircraft company The Commercial Aircraft Corporation of China (COMAC), which was established in Shanghai to reduce China's dependence on Airbus and Boeing companies, announced that they have completed the test flight…
basic food price soars in iran after government removes subsidisation
In Iran, the government's removal of subsidies for basic food supplies has led to a rise in flour and oil prices. The people of Tehran flocked into the grocery stores before the price hike for food supplies. In the images obtained, it was…
228.31-carat diamond found buyer for around 19 million dollars in Switzerland
The 228.31-carat diamond named "The Rock" offered for sale at the Magnificent Jewels Auction organized by the "Christie's Auction House" at the Four Season Hotel des Bergues in Geneva, Switzerland, found a buyer for 18,767,214 dollars. It…
Turkey builds pipes for newly discovered natural gas in black sea
The shipment of pipes that will carry 540 billion cubic meters of natural gas discovered in the Black Sea of Turkey continues at full speed. The shipment, most of which has been completed, will land at Filyos Port in June and the pipes…
King of Spain Felipe VI paid visit to Turkish booths in Alimentaria Barcelona International Food…
Alimentaria Barcelona International Food Fair that held every 2 years in Barcelona, Spain, is being held for the first time this year after the Covid-19 pandemic. The 23rd Alimentaria Barcelona 2022 International Food Fair, where Turkey is…
bakery products soar in Germany amid war in Ukraine
Following the rise in oil prices in Germany as a result of the Ukraine-Russia conflict, bread prices rose as well. The consequences of the Ukraine-Russia conflict are still being felt in Germany. While many bakeries in Germany raised their…
sugar influx at russian markets amid sanctions
Western countries' sanctions against Russia as a result of its attacks on Ukraine have caused widespread panic in the country. Due to the prohibition on the import and export of food products, as well as issues with the shipment of some…
cooking oil shortage in germany
Germany faces cooking oil shortage that cannot be supplied from Ukraine. Ukraine, which is an important producer of corn, boll seed and sunflower, exports these products to Europe, especially Germany. While Germany produces only 6 percent…
fuel prices soars in UK amid high inflation
The liter price of gasoline in England has exceeded £1,48 to £1,51 and the price of diesel rose to £1,54, reaching an all-time high, British Automobile Association stated. Simon Williams, the spokesman of a British car insurance company…
German inflation rise reached up to its all-time high in last 29 years
News about increase on fuel, gas, electric and rent start to come one after another with the inflation rise in Germany reached up to its all-time high in last 29 years. According to latest data from Federal Statistical Office of Germany…