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ECONOMY
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…
UK inflation hits highest rate after a decade
The inflation in the UK rose by 4.2% in 2021, The UK's Office for National Statistics (ONS) announced. The highest increase in prices is seen in energy resources such as electricity, gas and fuel, and according to experts, the inflation is…
video emerged shows russians collecting food from garbage container
People looting a garbage container in Russia sparked anger on social network. Footage shows mostly elderly people competing to collect expired foods and vegetables thrown away by a grocery shop in the city of Novosibirsk, Russia. People…
Bill Gates in Turkey
Microsoft founder Bill Gates has visited Turkey’s southwest to take a short tour with his super-luxury yacht that is 107-meter. Some Turkish citizens take photos of his yacht. He visited tourist places in the region, such as Marmaris and…
long lines grow at Czech gas staitons as oil prices soar
Drivers in Czech Republic crowd affordable gas stations as oil prices soar. Experts state that fuel prices, which have been on the rise since the beginning of the year, are due to the low supply in the face of increasing demand, but these…
David Card, Joshua D. Angrist and Guido W. Imbens win the Sveriges Riksbank Prize in Economic…
Secretary General of the Royal Swedish Academy of Sciences Professor Göran K. Hansson announced the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel during a press conference at the Royal Swedish Academy of Sciences in…
Ornamental chicken hobby turns to business in Turkey
A Turkish university student in country’s bordering province of Edirne in the west has turned her hobby, ornamental chicken raising, to a widespread business in the past 4 years. Simay Gün, 22, who studies radiotherapy, managed to turn her…