Turkey Financial News

Mint breaks down how digital nomad visas work and why countries are betting on remote workers.A digital nomad is a professional who works remotely while living and travelling across different cities or countries, relying on digital tools rather than a fixed office. Typically employed in fields such as technology, consulting, content creation or online services, digital nomads earn their income online and choose locations based on factors like cost of living, internet connectivity and lifestyle.In recent years, governments have begun to formally recognise this group through ‘digital nomad visas’, allowing remote workers to legally live in a country for extended periods without entering the local job market.

Subscribe to enjoy similar stories. WASHINGTON—Beachside luxury resorts. High-speed rail.

import duties on Indian goods from April 9, domestic exporters on Friday said they have started talks with their American buyers on ways to absorb these heavy taxes. According to them, communications between the Indian suppliers and American buyers have already started moving as these duties would hurt exports and job creation. «We have to talk to them about how to handle this unprecedented situation,» Federation of Indian Export Organisations (FIEO) President SC Ralhan said. The Ludhiana-based hand tool (an engineering sector item) exporter also said that the sector will not be able to absorb the high duties because of the high steel cost in the domestic market. «Over this, the government is considering imposing a safeguard duty, which they should reconsider. The US duty will impact demand,» Ralhan said, adding that certain steel prices in India have jumped from USD 50,000 per tonne to USD 55,000 per tonne in the last five days only.

Myanmar's ruling military declared a temporary ceasefire in the country's civil war Wednesday to facilitate relief efforts following a 7.7 magnitude earthquake that has killed more than 3,000 people. The surprise announcement by military leaders who also head the unelected government came late Wednesday on state television MRTV, which said the halt in fighting would run until April 22 to show compassion for people affected by Friday's quake. The announcement followed unilateral temporary ceasefires announced by armed resistance groups opposed to military rule, and the military warned that those groups must refrain from attacking the state and regrouping, or else face «necessary» measures. The resistance forces have also reserved the right to fight in self-defense. Earlier Wednesday, rescuers pulled two men alive from the ruins of a hotel in Myanmar's capital, a third from a guesthouse in another city, and another in the country's second city, Mandalay, five days after the quake. But most teams were finding only bodies.

MRTV, which said the truce would run until April 22 and was aimed at showing compassion for people affected by Friday's quake. The announcement followed unilateral temporary ceasefires announced by armed resistance groups opposed to military rule. Those groups must refrain from attacking the state, or regrouping, or else the military will take «necessary» measures, the army's statement said. Earlier Wednesday, rescuers pulled two men alive from the ruins of a hotel in Myanmar's capital and a third from a guesthouse in another city, five days after the quake. But most teams were finding only bodies. The quake hit midday Friday, toppling thousands of buildings, collapsing bridges and buckling roads. The death toll rose to 3,003 on Wednesday, with more than 4,500 people injured, MRTV reported. Local reports suggest much higher figures. The earthquake came amid civil war in Myanmar, making a dire humanitarian crisis even worse. More than 3 million people had been displaced from their homes and nearly 20 million were in need even before it hit, according to the United Nations.

global trade tensions and sparking uncertainty in markets worldwide. These tariffs, designed to counter what Trump calls unfair trade practices, are expected to reshape global commerce in a significant way.

Subscribe to enjoy similar stories. A POLITICIAN promised to open his poor country for foreign investment and wean it off aid, while Tony Blair nodded sagely. Standard fare for Davos—except that two months earlier the politician, Asaad al-Shaibani (pictured), was a member of a jihadist group blacklisted by the UN.

Subscribe to enjoy similar stories. With Myanmar devastated by an earthquake that has claimed more than 1,600 lives, India has initiated efforts to assist it in relief and rescue missions. Under Operation Brahma, two naval ships with relief supplies were despatched.

Due to the incredible diversity of Muslim communities in the subcontinent, the Middle East, Africa, Asia, and multicultural Australia, households and cultures prepare and consume Eid al-Fitr foods in unique ways. Muslims prepare to celebrate Eid al-Fitr after observing Ramadan, the holy month of prayer and fasting, which is just a few days away. Families gather and celebrate with a feast of food, which is a staple of any celebration, while the day begins with prayer and customs. Eid ul-Fitr is celebrated differently in each Muslim culture. In Turkey, for example, children receive candy and sugar-coated almonds as part of the celebration. Sweets such as Ghoriba Bahla, Fekkas, and Kaab el Ghazal are essential to Moroccan holiday celebrations. In Indonesia, however, celebrations include the preparation of traditional foods such as Ketupat, which is considered a symbol of blessings and forgiveness.

Emerging economies such as India, Brazil and Vietnam, which impose tariff on American imports higher than what the US levies on them, face a high risk of reciprocal tariffs, global ratings agency Fitch said. “Brazil, India, Thailand, Malaysia, South Africa, Turkey and, on a simple average tariff basis, Vietnam and Indonesia, impose notably higher tariffs on exports from the US relative to tariffs imposed by the US on imports from these countries,” it said. US President Donald Trump has threatened with his reciprocal tariffs announcement on April 2 against trading partners he says have been “ripping off” the country by imposing high levies. As per the Fitch report, the tariffs in these economies were higher, both on a simple and trade-weighted average basis. “On a simple average basis, the highest differentials are in Brazil, India and Turkey,” Fitch said.

maritime security deal in the Black Sea. Diplomats told Reuters that most of the curbs listed by the Kremlin related to European Union sanctions and restrictions. What was agreed — and what still needs to happen for the deal to enter force? WHAT DOES RUSSIA SAY IT WILL GET? * The lifting of restrictions on state agricultural bank Rosselkhozbank «and other financial organizations involved in ensuring international trade in food (including fish products) and fertilisers, their connection to SWIFT, and the opening of necessary correspondent accounts».

Indians can now enjoy upto 30% off discount on the seasonal summer routes to Santorini, Antalya, and Nice and more offering even more exciting places to explore around the globe. The press statement said that the Indian travellers can book their flights at special sale fares until March 28, to Etihad destinations including Turkey, Greece, Spain, France and travel between 1 May and 30 September 2025. «Summer is the perfect time to create unforgettable travel memories, and we're making it easier with these special fares across our network. Whether you're dreaming of pristine beaches, cultural adventures, or family fun, our summer sale offers something for everyone. Book early and give yourself something wonderful to look forward to,» said Arik De, Chief Revenue and Commercial Officer, Etihad Airways.

Subscribe to enjoy similar stories. PARIS—Two weeks after Russia’s large-scale invasion of Ukraine, French President Emmanuel Macron descended 20 stories beneath Paris to send a message to Moscow. He entered France’s nuclear bunker deep under his regal presidential palace to lead an exercise dubbed Poker.

Recep Tayyip Erdoğan, already under pressure due to increasing authoritarian measures, now faces mass boycotts involving more than 50 million people. The question is no longer whether a crisis is coming—but how fast it will hit.

Recep Tayyip Erdogan said Friday the Turkish authorities would not be cowed by «street terror» after days of unrest over the arrest of Istanbul's powerful opposition mayor, Ekrem Imamoglu. "Turkey will not surrender to street terror," Erdogan said as the leader of the main opposition CHP called for nationwide protests later on Friday over a move it has denounced as a «coup». «Let me say it loud and clear: the street protests that the CHP leader has called for are a dead end,» Erdogan warned. The 53-year-old mayor-Erdogan's main political rival-was arrested Wednesday, days before he was to be named the CHP's candidate for the 2028 presidential race. The move sparked two days of protests that began in Istanbul and quickly spread to at least 32 of Turkey's 81 provinces, as per an AFP count. CHP leader Ozgur Ozel has called a third nightly protest outside Istanbul City Hall, urging demonstrators to hit the streets across Turkey at the same time, despite the justice minister warning that such calls were «unlawful and unacceptable».

They say, ‘Home is where the heart is’. When it comes to money, however, Devina Mehra, founder and chairperson of securities firm First Global, strongly feels that part of it should be parked outside of the home country.

Google is celebrating this year's Nowruz, the Persian New Year, with a special Doodle illustrated by guest artist Pendar Yousefi. The festival is being observed on March 20, precisely at 2:31 pm IST, which coincides with the spring equinox. The festival, which marks the beginning of the new year in the Persian calendar, has been observed for over 3,000 years. Nowruz means «new day» in Persian. The day has its roots in Zoroastrianism and ancient Persian culture. The festival symbolizes renewal, rebirth, and the triumph of light over darkness. The day signifies new beginnings and families gather to observe cultural festivities. In 2010, UNESCO added Nowruz to its Representative List of the Intangible Cultural Heritage of Humanity, and the United Nations recognises March 21 as International Nowruz Day. On this day, about 300 million people across Iran, Central Asia, Afghanistan, Azerbaijan, the Caucasus, Turkey, and parts of South Asia celebrate withe festival. Google, in its description of the Doodle, explained that central to Nowruz traditions is the haft-sin table, a display of seven symbolic items each beginning with the Persian letter 'sin. These include sprouts for rebirth, wheat pudding for strength, olives for love, berries for the sunrise, vinegar for patience, apples for beauty, and garlic for health.

Subscribe to enjoy similar stories. In August 2024, Madhabi Puri Buch, then-chairperson of India’s market regulator Securities and Exchange Board of India (Sebi), was on a long-overdue vacation in Turkey when a crisis erupted. Hindenburg Research, the now-defunct US short seller, alleged that Sebi’s probe into its January 2023 reporton the Adani Group was compromised.

The recovery of Russian oil flow to the world's third-largest oil importer and consumer is easing a supply crunch and cooling prices for rival Middle East grades. Russian oil supplies to India and China fell sharply earlier this year following U.S. sanctions on January 10 that targeted producers, insurers, ships and middlemen to curtail Moscow's oil revenue. In March, India's imports of Russian oil, mainly Urals crude, are back at 1.54 million barrels per day (bpd), after falling to 1.1 million to 1.2 million bpd in the previous three months due to concerns about sanctions, data from analytics firm Kpler showed.