Latest Economy News contentTypes.economy
Gold and silver soar to new highs as Fed rate cut bets intensify
Gold prices surged to a historic peak above $4,630 per ounce, while silver jumped over 3%, driven by mounting expectations of US interest rate cuts and persistent global uncertainty. The rally reflects a 12-month boom in precious metals.
14 January 2026
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Türkiye attracts $12.4 billion in foreign investment over 11 months
Foreign direct investment (FDI) flows into Türkiye totaled $12.4 billion in the first eleven months of 2025, marking a 28% annual increase. The latest data from November shows an inflow of $990 million, highlighting continued international investor interest in the Turkish economy.
13 January 2026
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Turkish defense leader Aselsan hits historic $30 billion market cap
Turkish defense electronics giant Aselsan has become the first company from Türkiye to achieve a market valuation of $30 billion. The milestone also places the Ankara-based firm among Europe's top ten most valuable defense industry companies, driven by surging exports and a massive order backlog.
13 January 2026
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Trump renews pressure on Fed's Powell to cut interest rates
President Donald Trump has again publicly urged Federal Reserve Chair Jerome Powell to implement significant interest rate cuts, citing latest US inflation data. This latest pressure follows a recent lawsuit Trump filed against the central bank chief, escalating a long-running conflict.
13 January 2026
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Türkiye records $3.99 billion current account deficit in November
Türkiye's current account balance returned to a deficit of $3.99 billion in November, wider than market forecasts, driven by a goods trade gap, the central bank reported.
13 January 2026
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Turkish retail sales rise 14.2% in November, led by non-food and online sectors
Retail sales volume in Türkiye increased by 14.2% year-on-year in November 2025, with strong growth in non-food items, electronics, and online shopping, official data showed.
13 January 2026
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Gazprom supplied more gas to China than Europe in 2025
Russian energy giant Gazprom delivered more natural gas to China than to Europe in 2025, a historic shift underscoring Moscow's strategic pivot to Asia amid Western sanctions. Supplies to neighboring countries also increased significantly.
13 January 2026
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Trump orders 25% tariff on nations trading with Iran
President Trump has announced a 25% tariff on all US trade with any country that does business with Iran, declaring the order "final and conclusive." The move comes amid mixed signals from the White House about pursuing diplomacy with Tehran.
13 January 2026
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US dollar falls as DOJ investigation into Fed rattles markets
Reports of a US Justice Department investigation into the Federal Reserve and Chair Jerome Powell have shaken investor confidence, weakening the dollar and fueling fears of political interference in monetary policy.
12 January 2026
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Turkish Airlines cancels flights to three Iranian cities amid unrest
Turkish Airlines has canceled 17 scheduled flights to Tehran, Tabriz, and Mashhad for Friday and Saturday, citing regional developments. The decision comes during ongoing protests across Iran.
09 January 2026
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Türkiye and UK sign new pacts, targeting $40 billion in bilateral trade
Türkiye and the United Kingdom have signed a new Joint Economic and Trade Committee Action Plan and a mutual recognition agreement during high-level talks in London. The moves aim to significantly boost bilateral trade toward a target of $40 billion.
08 January 2026
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Trump proposes $1.5 trillion defense budget for 2027, funded by tariffs
President Donald Trump has announced a proposal for a $1.5 trillion U.S. military budget in 2027, stating the increase over an earlier $1 trillion plan is necessary for national security. He claimed the funding would come from revenue generated by customs tariffs.
08 January 2026
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Azerbaijan to deliver second fuel shipment to Armenia amid normalization
Swedish Foreign Minister Tobias Billström, in a major address, rejected a global order where major powers act unilaterally without regard for international law. He emphasized the critical role of multilateral institutions and rules-based cooperation for maintaining stability.
08 January 2026
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China calls US oil demand in Venezuela 'typical bullying,' violates sovereignty
China has condemned the US demand for an exclusive oil partnership with Venezuela as a "typical bullying" act that violates international law and Venezuelan sovereignty. The statement followed reports that Washington demanded Caracas expel Chinese, Russian, Iranian, and Cuban economic interests.
07 January 2026
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Turkish stock market's BIST 100 index breaks 12,000 barrier for first time
Türkiye's benchmark BIST 100 stock index surged past the 12,000-point threshold for the first time on Tuesday, closing at a record high. The index gained 2.75% in a broad-based rally, reflecting strong investor confidence amid positive economic signals.
07 January 2026
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Türkiye’s economic momentum boosts confidence in 2026 targets
A broad set of macroeconomic indicators in Türkiye, from growth and exports to inflation and credit risk, are reinforcing optimism for 2026. Record export figures, easing inflation, a sustained current account improvement and falling CDS premiums are reshaping expectations, while markets and employment data point to a more balanced and resilient economic outlook.
07 January 2026
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US awards $2.7 billion to boost domestic nuclear fuel production
The U.S. Department of Energy has allocated $2.7 billion in contracts to three companies to strengthen domestic uranium enrichment capabilities over the next decade. The move aims to secure a national nuclear fuel supply chain and reduce dependence on foreign sources.
06 January 2026
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Türkiye's annual inflation eases to 30.89% at year-end 2025
Türkiye's annual inflation rate decreased to 30.89% in December 2025, down slightly from 31.07% in November. The 12-month average inflation for the year fell to 34.88%, a significant drop from 58.51% in 2024.
05 January 2026
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Trump backs bill to tax buyers of Russian oil with tariffs plan
US President Donald Trump said Congress is preparing legislation that would allow rapid tariff increases on countries purchasing Russian oil, aiming to squeeze Moscow’s war revenues. Speaking aboard Air Force One, Trump and allied lawmakers framed the move as leverage to accelerate an end to the Ukraine war, while also addressing and dismissing claims of a Ukrainian strike on Russia.
05 January 2026
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