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Latest Economy News contentTypes.economy
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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Trump blocks Chinese-linked firm's US chip acquisition on security grounds
US President Donald Trump has signed an executive order blocking the acquisition of semiconductor-related assets from US firm Emcore Corp. by the Chinese-controlled company HieFo Corp., citing national security risks. The order, issued Friday, represents the latest move in Washington's campaign to restrict Chinese access to advanced American chip technology.
03 January 2026
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Turkish Airlines to build world's largest cargo terminal with $2.3B investment
Turkish Airlines has announced a massive investment exceeding 100 billion Turkish liras (over $2.3 billion) to construct what it claims will be the world's largest cargo terminal and in-flight catering facility. The project is expected to create 26,000 new jobs, significantly boosting the national carrier's logistics capacity.
02 January 2026
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Türkiye prioritizes disinflation and sustainable growth for 2026
The Turkish economy enters 2026 with a dual focus on sustaining its disinflation progress and achieving stable, long-term growth. Key data releases, central bank meetings, and international trade diplomacy are set to dominate the year's economic agenda.
01 January 2026
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Air China to purchase 60 Airbus A320neo jets in $9.5 billion deal
China's flag carrier, Air China, has signed an agreement to acquire 60 new A320neo aircraft from Airbus in a deal valued at approximately $9.53 billion. The planes are scheduled for delivery between 2028 and 2032, pending shareholder and regulatory approval.
30 December 2025
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Fed minutes reveal caution among some officials over further rate cuts
Minutes from the US Federal Reserve's December policy meeting revealed a cautious stance among some officials regarding additional interest rate reductions. While a majority supported the recent quarter-point cut, some policymakers advocated for keeping rates unchanged amid concerns over persistent inflation.
30 December 2025
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Spain's HURJET deal with Türkiye unlocks new export opportunities, official says
Türkiye's landmark defense export deal with Spain, involving 30 domestically produced HURJET training aircraft, has created significant new opportunities for further exports and technological cooperation, according to a top Turkish defense official. The €2.6 billion agreement was finalized on Monday.
30 December 2025
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Türkiye advances free trade talks with UK and Gulf Cooperation Council
Turkish Trade Minister Omer Bolat has announced ongoing negotiations to expand the goods-only free trade agreement with the United Kingdom to include services, with a target effective date in the latter half of 2026. Simultaneously, Türkiye continues free trade talks with the Gulf Cooperation Council (GCC), building on existing pacts with the UAE and Qatar.
30 December 2025
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New global trade, tax and security rules take effect from January 1
A significant wave of new international regulations covering trade, taxation, and security is set to come into force on January 1, affecting commerce and policy in the EU, US, China, and beyond. The changes span carbon pricing, consumer safety, cryptocurrency, and data security.
29 December 2025
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Turkish banking sector net profit reaches $19.9 billion in November
Türkiye's banking sector posted a net profit of $19.92 billion (₺842.84 billion) in November, marking a 17.3% year‑on‑year increase. Total assets stood at $1.06 trillion, with strong capital adequacy and a low non‑performing loan ratio.
29 December 2025
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Minister Bolat: Tobacco products worth ₺1.359 billion seized in Türkiye in 2025
Trade Minister Ömer Bolat announced that Turkish authorities seized tobacco and tobacco products worth ₺1.359 billion in 2,434 separate incidents in 2025. He also reported the seizure of 33.6 tons of narcotics valued at ₺45 billion during the same period.
29 December 2025
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Income inequality in Türkiye eases as Gini index falls in 2025
Income distribution in Türkiye showed modest improvement as the Gini coefficient edged lower year-on-year, according to official data. New figures from TurkStat indicate a slight narrowing between high- and low-income households in 2024–2025, reflecting changes in disposable income calculations and a small shift in income shares across quintiles.
26 December 2025
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China urges lawful balance after TikTok US divestment deal accord
Beijing said it expects companies to reach legally compliant and balanced outcomes after TikTok agreed to place its US operations under American control. Chinese officials called on Washington to ensure a fair and non-discriminatory market environment, arguing that stable China–US trade ties depend on mutual respect, equal consultation and predictable rules for foreign firms.
25 December 2025
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Turkish exports to Syria jump 54% to top $3 billion in 2025
Turkish exports to Syria have surged by over 54% year-on-year, surpassing $3 billion in 2025, a boom attributed to improved bilateral relations and political stabilization following the fall of the Assad regime.
24 December 2025
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Turkish defense firm Aselsan nears record $2 billion in export deals
Turkish defense electronics giant Aselsan is set to conclude 2025 with over $2 billion in new export contracts, driven by major deals including a $410 million sale to Poland, positioning it for significant revenue growth next year.
24 December 2025
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Gold price hits record high above $4,500 on safe-haven demand
Gold surged to an unprecedented $4,525 per ounce driven by geopolitical tensions, expectations of U.S. interest rate cuts, and strong central bank purchases, while silver also reached historic highs.
24 December 2025
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