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ECONOMY
Scarcity of ice in spain
Due to increasing costs of production and storage costs and higher temperatures, Spain is experiencing ice shortage. Supermarkets and cold beverage sellers fail to fulfill the demands of consumers that are exhausted from temperatures.…
Ecuador declared a state of emergency in 3 regions during IMF protests
Protests against the government's International Monetary Fund (IMF) policies continue in Ecuador. While the roads have been closed and tensions rise from time to time during the protests carried out by student and worker groups and social…
Camel protest against fuel prices from ex-minister in Pakistan
Upon the sharp price hikes in fuel by the government in Pakistan, former Pakistani Information Minister Fawad Chaudhry protested the fuel prices in an interesting way. Chaudhry shared on his social media account that he rode a camel with…
3rd fuel price hike in 20 days in Pakistan
Fuel prices were increased for the third time in 20 days in Pakistan. Pakistani Finance Minister Miftah Ismail stated that the government is no longer in a position to subsidize petroleum products, and announced that fuel prices will be…
EU signs tripartite natural gas agreement with Israel and Egypt
Due to the war between Russia and Ukraine war, some countries' efforts to reduce their energy dependency and natural gas imports from Russia continue. European Commission President Ursula von der Leyen met with Israeli Energy Minister…
Turkey’s first nuclear plant will start to operate in 2023
Turkish Energy and Natural Resources Minister Fatih Dönmez on Tuesday announced that on 2023 Turkey's first nuclear reactor and newly discovered Black Sea gas reserves will start energy production. Dönmez made his remarks at the NATO…
Kyrgyz Health Minister Beishenaliev detained on corruption suspicions
Kyrgyzstan Prosecutor's Office announced that 4 high-ranking officials, including Kyrgyz Health Minister Alymkadyr Beishenaliev and his deputy, were detained on suspicion of corruption in the purchase of Covid-19 vaccines. Prosecutor's…
Trendyol officially opened its first overseas office in Berlin
An E-commerce platform Trendyol has officially opened its first overseas office in German capital city of Berlin as part of its international growth plans. Turkish Science Industry and Technology Minister Mustafa Varank, Turkish Ambassador…
Davos Summit restarts after 2 years
The World Economic Forum (WEF), which brings together the world's well-known business people and politicians, will be held again between 22-26 May by starting tomorrow in Davos, Switzerland. After hasn't been held for 2 years due to the…
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…