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Türkiye and US advance talks toward $100 billion bilateral trade goal
Trade Minister Omer Bolat says discussions in Washington have strengthened the mutual commitment to reach $100 billion in annual trade with the US. He outlined Türkiye's vision for a long-term, predictable partnership during meetings with the US Trade Representative and business leaders.
12 December 2025
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Turkish economy records fourth straight monthly current account surplus
Türkiye posted a $457 million current account surplus in October, extending its positive run to four consecutive months. Strong tourism revenues were a key driver, though economists emphasize the need for broader industrial and high-tech exports to sustain the trend long-term.
12 December 2025
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Foreign direct investment into Türkiye rises 35% to $11.6 billion
Türkiye attracted $11.6 billion in foreign direct investment during the first ten months of 2025, marking a significant 35% annual increase. The Netherlands was the largest investor, with major inflows also from Kazakhstan and Luxembourg, while the transportation and wholesale sectors received the most capital.
12 December 2025
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Israeli ground forces enter Syrian villages after low-altitude overflights
Syrian state media reports Israeli ground vehicles advanced into multiple villages in Quneitra province, following low-flying warplane activity. This marks a continuing pattern of cross-border incursions since the 2024 political shift in Damascus.
12 December 2025
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Turkish central bank cuts policy rate to 38%, citing improving inflation trend
The Central Bank of the Republic of Türkiye has lowered its key policy rate by 150 basis points to 38%, aligning with market expectations. The bank pointed to better-than-expected November inflation data, driven by lower food prices, and a modest decline in the underlying inflation trend as reasons for the easing move.
11 December 2025
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Turkish trade minister heads to Washington for $100 billion trade talks
Turkish Trade Minister Ömer Bolat is set to travel to Washington on Friday for high-level negotiations aimed at doubling bilateral trade volume to $100 billion. The talks will focus on strategic cooperation in energy, defense, technology, and boosting mutual investment under a new roadmap.
11 December 2025
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Turkish exports to Malaysia jump 52%, led by diplomacy and trade
Türkiye's exports to Malaysia surged by 52% in the first ten months of this year, reaching $509.5 million. The growth follows a state visit and new agreements, with both countries now targeting a bilateral trade volume of $10 billion, up from a previous $5 billion goal.
11 December 2025
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Istanbul startup summit bridges Türkiye's tech entrepreneurs with global capital
The ongoing Take Off Istanbul summit is acting as a crucial bridge, connecting Türkiye's vibrant startup ecosystem with international investors. Senior officials highlight tailored support for founders and a suite of investment vehicles designed to attract foreign capital into the country's technology sector.
11 December 2025
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EU records over 40,000 occupational cancer cases in a decade
New data from the EU's statistics office shows more than 40,500 officially recognized work-related cancer cases were reported across the bloc from 2013 to 2023. Lung cancer and mesothelioma, often linked to asbestos, accounted for over 80% of these occupational diseases, highlighting long-term workplace risks.
10 December 2025
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Türkiye's domestic electric car brand Togg outsells Tesla, BYD in home market
Türkiye's national electric vehicle manufacturer Togg has become the best-selling EV brand in the domestic market for the January-November period, outperforming global giants Tesla and BYD. Togg sold 31,715 units, capturing a 20% market share as overall EV sales in Türkiye more than doubled.
10 December 2025
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Turkish real estate sales hit record 2.87 million in first 11 months
Türkiye's real estate market set a new record with approximately 2.87 million properties sold between January and November, a 7.6% annual increase. November sales alone rose 8.6%, while transaction fees generated over 139 billion Turkish lira in revenue for the state.
04 December 2025
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Togg leads Türkiye's electric car market in November sales
Türkiye's domestic electric vehicle brand Togg led the national EV market in November, with its T10X and T10F models combining for over 4,200 sales. The brand also continues its European expansion with new model variants and its entry into the German market.
04 December 2025
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Turkish defense and aviation exports hit record high with 30% surge
Türkiye's defense and aviation sector has shattered its annual export record, achieving $7.4 billion in sales during the first eleven months of 2025, a 30% year-on-year increase. Officials credit the milestone to a successful focus on high-value products and growing competitiveness in the global arms market.
04 December 2025
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Türkiye's annual exports hit record $270.6 billion despite global headwinds
Turkish Trade Minister Ömer Bolat has announced that the nation's rolling annual exports have reached a historic high of $270.6 billion. While November saw a modest 2.2% year-on-year export increase to $22.7 billion, the consistent performance over 11 months solidifies the country's robust trade trajectory.
04 December 2025
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Türkiye's Inflation Falls Below 1% Monthly, Hits Four-Year Low
Türkiye's consumer price inflation dropped to 0.87% in November, marking the lowest monthly rate in two and a half years. The annual inflation rate also fell sharply to 31.07%, its lowest level since 2019. Economists now anticipate the Central Bank will respond with a significant interest rate cut at its upcoming December meeting.
03 December 2025
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Turkish airline AJet launches daily Istanbul-Beirut service
Türkiye's low-cost carrier AJet has inaugurated a new daily flight route connecting Istanbul and Beirut. The inaugural flight was met with a ceremony in the Lebanese capital, marking an expansion of the airline's Middle Eastern network to boost tourism and trade.
02 December 2025
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Türkiye's Q3 GDP grows 3.7%, annual income tops $1.5 trillion
The Turkish economy expanded by 3.7% year-on-year in the third quarter of 2025, official data shows. Finance Minister Mehmet Şimşek announced the annualized national income exceeded $1.5 trillion and projected moderate growth to continue, supporting the disinflation trend.
01 December 2025
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'K-shaped' economic divide widens in US, raising stability concerns
The "K-shaped economy" concept has reemerged in the United States, describing a growing divergence where high-income households prosper while lower-income groups fall behind. Economists warn this imbalance creates significant risks to financial stability as consumer spending becomes increasingly concentrated among affluent Americans.
28 November 2025
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Louvre Museum to increase ticket prices for non-EU visitors by 45%
The Louvre Museum in Paris will implement a significant price increase for visitors from outside the European Union starting January 14. Standard admission for non-EU tourists will rise from €22 to €32, while EU residents will continue paying the current rate, reflecting a growing trend of differentiated pricing at major cultural attractions.
27 November 2025
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