Turkey Financial News

engineering exports bounced back in May 2024 and recorded 7.39% year-on-year growth to $9.99 billion. In April this year, engineering exports registered a 4.49% decline compared to the previous fiscal period. Significant export growth was noted in West Asia and North Africa (WANA), Latin America, and European countries outside the European Union (EU) during May this year. Exports to the EU declined significantly during this period.

European Union on Thursday, disbursed Euro 1.9 billion for Ukraine amid its ongoing conflict with Russia. European Union President Ursula von der Leyen, said that the fund under the Ukraine Facility is aimed to keep the Ukrainian state running as they «fight for freedom.»

Ronaldo escaped injury by whiskers at the end of Portugal's shocking loss to Georgia. As he left the pitch and moved, a fan jumped over the stands, came close to knocking the superstar to the ground and Ronaldo came inches away from being two-footed in the chest. After a shocking and embarrassing 0-2 defeat at the hands of Georgia at the Veltins Arena in Gelsenkirchen, Ronaldo and his other teammates moved off the pitch when suddenly a fan jumped down from the gallery and almost hit the great football player. He was not injured, but it raised the question of safety in the field and how to manage the anger of the fans.

nuclear arsenal has emerged as a concern for many stakeholders and has threatened global peace. There is also an increasing cost associated with building, maintaining and expanding this weaponry. A report published by the International Campaign to Abolish Nuclear Weapons (ICAR) noted that countries spent £72.2 billion on their nuclear arsenal in 2023. This indicated a rise in spending to the tune of £18.1 billion or an increase of 34% as compared to 2022. This amount indicates that around £ 198 million was spent every day, £ 8.2 million a hour, £137,000 a minute and £2288 a second.

An Iranian-backed umbrella group known as the Islamic Resistance in Iraq has claimed an attack targeting the southern Israeli port city of Eilat

A group of 50 people and firms across across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran’s military have been hit with U.S. economic sanctions

visa applications in 2023. Out of the 151,752 visa requests filed by Indian nationals, a substantial number were denied. This led to an estimated loss of €12.1 million in visa application fees for Indian applicants, highlighting the financial burden on those attempting to travel to Schengen countries. In 2023, Schengen states rejected a total of 1.6 million visa applications, resulting in €130 million in generated funds, according to SchengenNews. Among the affected nationalities, Indian applicants faced significant financial losses due to high visa rejection rates. Other nationalities facing high rejection rates included Turks, Algerians, Moroccans, and Chinese. Turkish nationals experienced the highest monetary loss, with €13.5 million spent on rejected visa applications. Algerians followed closely, losing €13.3 million, while Moroccans lost €10.9 million, and Chinese applicants faced losses of €4.8 million despite having one of the highest approval rates.

Jude Bellingham, a young Real Madrid star, already tipped that his teammate and Turkey national team player, Arda Guler, would become a bigger talent than him. Even before Guler became the synonym of sensation at the Euro 2024, this interesting revelation is now being remembers by footballing geek, who are admiring Bellingham's eye for talent.

Ukraine is set to officially launch membership talks with the European Union later on Tuesday

Binance, the world’s largest cryptocurrency exchange, has taken action to halt funds linked to a major cyberattack on Turkish exchange BtcTurk.

ethnic wear,’ I reach for the nearest clothes hangar. Being in a garments store recently, a hangar was, indeed, close at hand. But I refrained from hooking someone with it simply because, the shop being in Khan Market, it was impossible for me to distinguish between customers and the store’s employees. It may have been a close call for at least one member of India’s thriving retail industry. But the term ‘ethnic wear’ pisses me off no end. What ‘ethnic wear’? I know that you know that I know what it means — sari, salwar kameez, choli, sherwani, bandhgala, Khan suit…. Like light, I know ‘ethnic wear’ when I see it. But for a voluble section of the country — which, in its continued quest to be a nation of virtue-signallers, recently took to the ludicrous binary of ‘India’ and ‘Bharat’ in English, thereby quietly emphasising the perceived dowdiness of the latter against the perceived spunkiness of the former — their perfunctory use of the term ‘ethnic wear’ sounds not just preposterous, but downright embarrassing. ‘Ethnic,’ as an adjective, merely denotes belonging to an ethnicity, a population group or subgroup sharing a common genetic descent and/or cultural background. So ‘Germanic’ is as good a description of ‘ethnic’ as ‘Hispanic’ or ‘Indian’ and ‘Western’ or ‘Nordic’. And yet, somehow, you enter a store — here in India — and there’s a section devoted to ‘ethnic wear’. In India.

The Kentucky Bourbon Trail is maturing like the fine whiskeys it showcases

Coca-Cola India has sounded out the promoters of at least four top Indian business houses — including the Bhartia family that owns the Jubilant Group running the Domino's pizza chain, and the Burmans of Dabur — to sell a significant minority stake in its wholly owned bottling subsidiary, Hindustan Coca-Cola Beverages (HCCB), executives aware of the developments said. The Parekh family of Pidilite Industries, makers of the iconic adhesive brand Fevicol, M-Seal and Dr Fixit, and the promoter family of Asian Paints have also been approached for a potential $800 million to $1 billion investment via their respective family offices. Some of those approached are also exploring if they would route the proposed investments through one of their group companies. Jubilant Foodworks, India's largest food services company, for example is already in the consumer business and has the exclusive franchise for Domino's Pizza and Dunkin' Donuts and Popeyes in India. The company also owns the Domino's franchise in five other markets across Asia and has acquired Coffy, a leading coffee retailer of Turkey.

Narendra Modi on Saturday shared highlights from his participation in the G7 Summit at Italy and said that he presented India's perspective on the world stage. A video shared by PM Modi shows glimpses of the highlights of his visit to Italy including his arrival in Italy to Italian PM Giorgia Meloni's welcome at the venue of the G7 Summit in Apulia city in Italy. Meloni greeted PM Modi with a 'namaste' and the two leaders then posed for a picture for the cameras.

G7 Summit in Italy, Prime Minister Narendra Modi interacted with the leaders of Turkey, the UAE, Brazil and Jordan and struck a pose for the camera along with them on Friday. PM Modi had a «delightful conversation» with Turkish President Recep Tayyip Erdogan, UAE President Mohammed bin Zayed Al Nahyan, as well as the President of Brazil Luiz Inacio Lula da Silva. All the four leaders also posed for the camera and got a picture clicked at the Summit as well, which PM Modi shared on X, saying, «The interactions in Italy continue...Delightful conversation with President @LulaOficial, President @RTErdogan and His Highness Sheikh @MohamedBinZayed»

Let’s go back to Euro 2008. A certain Luka Modric had just signed for Tottenham Hotspur before the tournament began. While the Spurs faithful waited to see more of their summer signing, it was at the Euros that Modric shined.

Turkey is set to implement a major fiscal overhaul that includes a 0.03% transaction tax on cryptocurrency trading.

Saudi Arabia's sovereign wealth fund and a French private equity group will acquire a 38-percent stake in Heathrow, the London airport's biggest shareholder said Friday. Heathrow, one of the world's busiest airports, is owned by the consortium FGP Topco Limited with Spanish infrastructure giant Ferrovial holding the lead role with a 25-percent stake.

(Bloomberg) — A giant state-owned Chinese commodities trader is nursing losses after a shipment of copper from Russia worth nearly $20 million went missing, reigniting fears over fraud in the often secretive market for buying and selling raw materials.

As the U.S. dairy industry confronts an outbreak of bird flu, the egg industry serves as an example of how to slow the spread of the disease but also how difficult it can be to completely eradicate the problem

UEFA has a two-step financial mission to refill its pandemic-hit cash reserves