Turkey Financial News

Global investors are unwinding bets on local-currency bonds as some emerging-market central banks come under pressure to raise interest rates — rather than cut them as widely anticipated just weeks ago.

₹20 crore or more currently. Earlier this month, Amazon miniTV, Amazon’s free video streaming service launched a bouquet of over 200 shows and movies dubbed in Tamil and Telugu languages. The line-up of dubbed titles includes Hindi originals of miniTV such as Hunter- Tootega Nahi Todega, Physics Wallah and Rakshak- India’s Braves, besides Hollywood movies dubbed in Tamil and Telugu, including Twilight, Now You See Me, Hunger Games series, the Step Up franchise, Red, and more.

Turkey’s state-run news agency has reported that a court sentenced a Syrian woman to life in prison for a deadly explosion on a busy shopping district in Istanbul in 2022

industrialisation still remains a key issue in the Hooghly Lok Sabha constituency where two cine stars, contesting on TMC and BJP tickets, pledge to revive industry in the region. Hooghly district, home to Singur area, rose to national prominence in 2006-2007 due to the anti-land acquisition movement against the erstwhile Left Front government that eventually caused the regime's downfall, catapulting agitating TMC to power in the state. But even after 16 years, the issue of the lost opportunity of industrialisation continues to dominate poll narratives of all parties in the fray. TMC supremo Mamata Banerjee has fielded political greenhorn Rachana Banerjee, the charismatic host of the long-running hit TV show 'Didi No 1', to challenge the incumbent MP and noted actor Locket Chatterjee, representing the BJP.

Bank of Japan kept interest rates unchanged, driving the yen to a fresh 34-year low, while US inflation showed few signs of simmering down. The Japanese yen slumped as BOJ Governor Kazuo Ueda played down the impact on inflation from a weakening currency. While he’s indicated a preference to proceed gradually with rate increases, Ueda is trying to avoid restraining the economy. That’s becoming even more challenging after US data this week indicated inflation accelerated in the first quarter, reinforcing expectations the Federal Reserve is likely to keep interest rates higher for longer.

Stablecoin adoption is increasing rapidly. Data from research firm rwa.xyz shows the number of addresses holding both dollar and crypto-pegged stablecoins has increased by 15% in 2024, which is the highest to date. 

Sweden has officially become a member of NATO, the North Atlantic Treaty Organization, amid rising tensions with Russia. This move comes as part of NATO's efforts to bolster its defences in the wake of Russia's invasion of Ukraine. The addition of Sweden and Finland, which joined earlier, marks the alliance's largest expansion since the 1990s. NATO's Purpose and Membership NATO was established in 1949 to counter Soviet expansion and maintain peace in Europe. It has since grown to include 32 member countries, including the UK, US, Canada, France, Germany, Italy, Spain, and Turkey. Following the Soviet Union's collapse, many Eastern European countries joined, and now, Sweden and Finland have joined the alliance, contributing nearly 300,000 troops.

Poland's president says the NATO member would be ready to host the nuclear weapons of the military alliances's other members in response to Russia's moving its nuclear weapons to neighbouring Belarus. President Andrzej Duda made the comments in an interview published Monday in the Fakt tabloid. Russia is «recently relocating its nuclear weapons to Belarus,» Duda said, in a reference to Belarus President Alexander Lukashenko's announcement in December. «If there were a decision by our allies to deploy nuclear weapons within the nuclear sharing also on our territory in order to strengthen the security of NATO's eastern flank, we are ready,» Duda said.

Turkish President Recep Tayyip Erdogan is making his first official visit to Iraq in more than a decade as Ankara seeks greater cooperation from Baghdad in its fight against a Kurdish militant group that has a foothold in Iraq's north

Catch all the LIVE Updates on Iran-Israel war hereUS Secretary of Defence Lloyd Austin held talks with Israeli counterpart Yoav Gallant and discussed efforts to maintain regional stability and the latest developments in Gaza. The readout from Pentagon Press Secretary Major General Pat Ryder reads, "Secretary of Defense Lloyd J Austin III spoke with Israeli Minister of Defense Yoav Gallant today to discuss efforts to maintain regional stability, the latest developments in Gaza, and measures to accelerate humanitarian assistance to civilians in Gaza." This comes a day after reports claimed that Israel carried out strikes in Iran.

Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on Friday. Tether issues a stablecoin, also called Tether or USDT, which is designed to maintain a constant value of $1 and is widely used in crypto-to-crypto trading. It has grown rapidly in recent years, hitting more than $100 billion worth of Tether tokens in circulation in March. «In the last few years we have seen the usage of USDTgoing from pure cryptocurrency trading to being basically the most used digital dollar in the world», Ardoino said on the sidelines of the Token2049 crypto conference in Dubai, where industry enthusiasts gathered despite heavy rains this week disrupting life in the desert city.

The U.S. has hit Iran with a new wave of sanctions and export controls in response to the country’s recent air attack on Israel, a move aimed at grounding Iran’s drone program and pinching its national revenue. The U.S.

Turkiye announced on Tuesday that Turkish authorities have initiated a requirement for Indian and Nepalese passport holders traveling to Mexico, Panama, Colombia, and Venezuela, transiting via Istanbul Airport, to obtain an 'Electronic Airport Transit Visa' (e-ATV). As per the embassy's statement shared on X by the Turkish Embassy in India, Indian and Nepalese passport holders subject to this requirement can obtain the e-ATV through the website «evisa.gov.tr» starting from April 15. Importantly, this service is provided free of charge, adhering to the current practice.

Catch all the latest updates on the big story at Mint's LIVE blog:Turkish President Recep Tayyip Erdogan has accused Western nations of double standards for speaking out against Iran. “Those who remained silent toward Israel’s aggressive attitude immediately raced to condemn Iran’s response," he said.Spanish Prime Minister Pedro Sanchez said Tuesday that an independent Palestinian state should be recognized as soon as possible.

India opened up its market for several US products which have benefitted American farmers, a top Biden administration official told lawmakers on Tuesday. The steps taken by India have given more market access for turkey, duck, blueberries, and cranberries benefiting farmers from several American states, US Trade Representative Katherine Tai told members of the House Committee on Ways and Means on President Biden's 2024 Trade Policy Agenda. «Last June, India and the United States terminated six WTO disputes, and India agreed to remove retaliatory tariffs on several US products,» Tai said. «This means improved access for chickpeas, lentils, almonds, walnuts, and apples benefiting farmers across the country, including in Michigan, Oregon, and Washington,» she said.

Also Read: Explained | Why are crude oil prices elevated after OPEC+ policy decision and how will it impact India? Primorsk on the Baltic handled 10 tankers in three of the past four weeks, possibly reflecting a diversion to exports of crude that would have been processed at refineries hit by Ukrainian drones. The port hasn’t handled more than 11 tankers in a week in data back to the start of 2022. Refining rates are languishing near an 11-month low as repairs continue.

Tether has partnered with digital assets infrastructure provider Fuze to enhance education and awareness surrounding digital assets in Turkey and the Middle East.

Ozer received a staggering 11,196-year sentence after a Turkish court found him guilty of fraud.

Day trading guide for stock market today: Amid the Iran-Israel war and FII's selling, the Indian stock market witnessed sharp selling on Friday last week. The Nifty 50 index corrected 234 points and ended at the 22,519 level, the BSE Sensex nosedived 793 points and closed at the 74,244 mark, and the Bank Nifty index shed 422 points and finished at the 8,564 level.

missiles attack before 72 hours of its launch, said Turkish, Jordanian and Iraqi officials said on Sunday. “Iran gave neighboring countries and Israel's ally the United States 72 hours' notice it would launch the strikes," said Iranian foreign minister Hossein Amirabdollahian as quoted by Reuters. However, a senior official in the Biden administration stated that Tehran did not warn about the attack and that it was aiming to cause a significant damage.

Iranian drone and missile attack. In an official statement, Gantz said, “We will build a regional coalition and exact the price from Iran in the fashion and timing that is right for us." Iran on Saturday launched over 300 missiles at Israel in revenge on its embassy in Syria which claimed the lives of its officials including a senior commander of the Iranian Revolutionary Guard Corps' overseas Quds Force. However, Israel claimed that it intercepted ‘nearly all’ missiles launched by Iran.