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UK wins tariff cuts in US trade deal, steel industry left in limbo

UK wins tariff cuts in US trade deal, steel industry left in limbo

Aerospace and automotive sectors secure tariff relief, but steel industry still faces 25% duties

17 June 2025

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Global markets focused on US-China trade talks

Global markets focused on US-China trade talks

US officials view trade discussions positively

10 June 2025

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Türkiye to continue attracting large investments as hub of digitalization, innovation

Türkiye to continue attracting large investments as hub of digitalization, innovation

Türkiye's economic policies, increase in total reserves, declining credit default swap satisfy foreign investors

27 December 2024

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Bank of England leaves interest rates on hold, warns of declining UK economic activity

Bank of England leaves interest rates on hold, warns of declining UK economic activity

Bank's Monetary Policy Committee votes by majority of 6-3 to maintain bank rate at 4.75%

19 December 2024

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Türkiye imposes $14.8M fine on Google

Türkiye imposes $14.8M fine on Google

Competition authority suspends fine of 0.05% of 2023 revenues for each day on May 21

10 June 2024

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US economic activity continues to expand, prices rise modestly: Fed's Beige Book

US economic activity continues to expand, prices rise modestly: Fed's Beige Book

Overall outlooks grew more pessimistic amid reports of rising uncertainty, greater downside risks, says report

30 May 2024

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Islamic Development Bank to provide Türkiye $6.3B worth of financing

Islamic Development Bank to provide Türkiye $6.3B worth of financing

International institutions trust Türkiye's economic program, says Turkish Treasury and Finance Minister Mehmet Simsek

29 April 2024

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Commodity prices fluctuate after Iran's military response to Israel

Commodity prices fluctuate after Iran's military response to Israel

Gold prices at $2,351 after last week hitting historical high of $2,430

15 April 2024

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World Bank announces new partnership framework for Türkiye

World Bank announces new partnership framework for Türkiye

World Bank expects to deliver $18B to Türkiye in 2024-2028 period

11 April 2024

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Fed wants to see more 'confidence' to begin lowering rates, minutes show

Fed wants to see more 'confidence' to begin lowering rates, minutes show

Probability of rate cut of 25 basis points at Fed’s June 12 meeting stood at just 16.5% on Wednesday

11 April 2024

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Fed chair says inflation eased 'substantially' but remains too high

Fed chair says inflation eased 'substantially' but remains too high

US central bank expects at least 3 interest rate cuts this year

21 March 2024

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World Bank to provide over $6B to Egypt in next 3 years

World Bank to provide over $6B to Egypt in next 3 years

Programs focus on private sector participation, strengthening state-owned enterprises, improving public resource management

19 March 2024

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Bitcoin hits $60,000 for first time in more than two years

Bitcoin hits $60,000 for first time in more than two years

World's biggest cryptocurrency sees daily gain of 6.2%

28 February 2024

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European Central Bank sees first annual loss in two decades

European Central Bank sees first annual loss in two decades

ECB says it is likely to incur losses over next few years but then expects to make sustained profits

23 February 2024

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Russia's exports to 'friendly nations' hit 84% in 2023: Deputy premier

Russia's exports to 'friendly nations' hit 84% in 2023: Deputy premier

Russia's share of oil exports to friendly nations stood at 86% last year, says Alexander Novak

20 February 2024

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Commodity markets continue dealing with selling pressure

Commodity markets continue dealing with selling pressure

Fed's statements on easing monetary policy to be later than expected cause increased selling pressure in commodity markets

12 February 2024

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Albayrak Group's 'win-win' project in Sierra Leone

Albayrak Group's 'win-win' project in Sierra Leone

The Albayrak Group, renowned for its successful projects across Africa, is stepping in to address the complicated situation surrounding the Pepel Port and Railway in Sierra Leone

09 October 2023

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Oil down on strong US dollar as investors await OPEC meeting

Oil down on strong US dollar as investors await OPEC meeting

Türkiye's decision to resume oil supply through pipeline from Iraq to global markets alleviates supply concerns

03 October 2023

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Turkey's Accumulation. International Media Group.

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