Turkey Financial News

Turkey’s president to do just that. At a recent conference, Mr Erdogan was in his element, taking swings at Israel for bombing northern Gaza into the ground, and at Western duplicity. “A journalist is killed each day," he said, referring to the 68 media workers killed in Gaza since the start of Israel’s bombing campaign.

Russia's crude oil exports and a fifth of coal came to India in the past 12 months, making India the second-largest importer of Russian fuels after China, according to a research agency. Since the European Union imposed a ban on the import of coal, oil and some other commodities from Russia on December 5, 2022, supplies to India and China have increased. Between the EU ban and the end of November this year, China imported 40% of all the coal and 45% of all the crude oil Russia exported, according to the Finland-based Centre for Research on Energy and Clean Air (CREA). India purchased 32% of Russia's crude oil exports while the EU (8%) and Turkey (4%) were the third- and fourth-largest buyers.

killed over 19,000 people and left tens of thousands injured in Turkey and Syria. An earthquake of magnitude 7.8 centered in the Pazarcik district jolted Kahramanmaras and hit several provinces, including Gaziantep, Sanliurfa, Diyarbakir, Adana, Adiyaman, Malatya, Osmaniye, Hatay, and Kilis. Later in the day, an earthquake of 7.6 magnitude centred in Kahramanmaras's Elbistan district jolted the region.

Turkey President Recep Tayyip Erdoğan has appointed professor Fatma Ozkul, an expert in crypto assets and blockchain technology, to the central bank’s rate-setting committee.

Federal Reserve received some holiday cheer as inflation continued to soften while consumer demand firmed, and the Bank of Japan stuck with the world’s last negative interest rate. Meantime, maritime attacks carried out by Houthi rebels in Yemen have disrupted shipping in the Red Sea, prompting a rerouting of cargoes that’s raised costs. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: World The recent spate of attacks by Yemen’s Houthi rebels on vessels transiting the major shipping route has resulted in several large shipping companies avoiding the waterway. The decision by the world’s five largest container liners — with 65% of global capacity — to suspend transits through it means higher shipping costs and longer delivery timelines.

natural disasters that left a profound impact. From the powerful Hurricane Otis striking Mexico's coast to China grappling with unrelenting monsoons and Libya facing overwhelming floods, the year unfolded with immense challenges. Turkey-Syria Earthquake: On February 6, southern Turkey had a big earthquake, measuring 7.8.

Joe Biden on Friday signed an executive order threatening penalties for financial institutions that help Russia circumvent sanctions, the White House said in a statement, as Washington seeks to increase pressure on Moscow. The order also gives Washington the ability to broaden import bans of certain Russian goods, such as seafood and diamonds, the White House said.

Turkey’s central bank has hiked its key interest rate by 2.5 percentage points as part of its efforts to combat high inflation that has left many households struggling to afford essential items

More than 40 countries have made significant strides in advancing crypto-focused regulations and legislation this year, indicating a growing global trend towards wider cryptocurrency adoption.

Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year. The world's biggest exporter of onions banned shipments on Dec. 8 after domestic prices more than doubled in three months following a drop in production. Now retail shoppers from Kathmandu to Colombo are struggling with high prices, since traditional Asian buyers, such as Bangladesh, Malaysia and Nepal, and even the United Arab Emirates, rely on imports from India to bridge domestic gaps.

Hamas has been the focus of a relentless Israeli onslaught in Gaza but with resilient and diverse finances, it is expected to have a significant war chest at its disposal as the conflict drags on. Israel's Prime Minister Benjamin Netanyahu has vowed to annihilate the Palestinian Islamist movement behind the October 7 attack — the deadliest in the country's history.

gang violence, much of it related to its previously porous border. Migrant-hating populists have surged there, as they also have in Germany. If one thing unites politicians in the EU, it is the certainty that a botched policy on migration will cost them their jobs.

As Turkey prepares for new legislation in the crypto sector, major banking institutions in the country are making moves to secure their positions in the digital asset space.

Faruk Koca entered the field and hit referee Halil Umut Meler after the final whistle. A few minutes earlier, Rizespor tied the score at one in the 97th minute. The Ankaragucu fans invaded the pitch, assaulted and kicked Meler as he fell. The policemen helped him move to the locker room. The Turkish Football Federation suspended all its leagues after the incident. Later, Faruk Koca was arrested. With the draw, Ankaragucu are ranked 11th in the 20-team TFF at 4-6-5, while Rizespor are eighth at 6-4-5.

MKE Ankaragucu, Faruk Koca, physically assaulted top referee Halil Umut Meler after a Super Lig match. The incident unfolded as players and officials joined to stop the fight, with Meler being punched to the ground and subsequently kicked in the head. The match was full of controversy, with Meler issuing red cards to one player from each team and allowing an injury-time equalizer for Rizespor, resulting in a 1-1 draw. The aftermath of the game, however, took a more sinister turn as Koca's attack on the referee led to his arrest for «injuring and threatening a public servant due to his public duty,» according to Turkish Minister of Justice Yilmaz Tunc.

Chandrayaan-3 to hosting the G20 summit among others. Many key events and topics have booked their spot in the list of most searched topics on the search engine 'Google.' «The historic success of Chandrayaan-3 headlined news events, with the skyrocketing journey out of space sparking local and worldwide searches,» Google said in a blog post. Here are most searched news events: Top news events that made it to the list include moments that would instil a sense of pride like Chandrayaan-3 along with the thrilling Karnataka elections where Congress knocked out BJP. Some of the most dreaded events such as the deadly earthquake in Turkey that killed over 2,000 to the ongoing Israel-Hamas war that has claimed over 17,000 lives also made it to the list.

search history for 2023 has arrived. Well, actually, the world's. On Monday, the California-based tech giant released its “Year in Search,” a roundup of 2023’s top global queries, ranging from unforgettable pop culture moments (hello, Barbenheimer ), to the loss of beloved figures and tragic news carrying worldwide repercussions.

celestial spectacle set to captivate gazers, a momentary eclipse is predicted as an asteroid passes in front of one of the night sky's prominent stars. Betelgeuse, a red supergiant in the Orion constellation, is slated to be obscured by the slowly rotating asteroid Leona, offering a fleeting yet rare glimpse for observers across specific regions. The anticipated event, occurring from late Monday into early Tuesday, will grace the skies along a narrow trajectory from central Asia's Tajikistan and Armenia, traversing Turkey, Greece, Italy, Spain, Miami, the Florida Keys, and parts of Mexico. Astronomers anticipate a window of visibility lasting no more than 15 seconds.

“DtecA” software, an artificial intelligence driving assistant operating in the automotive industry, and its token Dtec have received an investment of 1.3 million dollars in the first seed financing round.

Israel-Hamas war: Even as the world leaders attempt to bring Israel and Hamas back on the negotiating table, Israel is displaying its resolve to eliminate Hamas from the map of the Earth. As per a recent report by the Wall Street Journal, Israel’s intelligence agencies, which are known for their undercover operations, plans to kill Hamas leader across the globe after the war in Gaza ends The report said that Prime Minister Benjamin Netanyahu has given clear orders to Israel’s top spy agencies that Hamas leaders living in countries like Lebanon, Turkey, Qatar, etc.

Narendra Modi met his Italian counterpart Giorgia Meloni on the sidelines of the United Nations' ongoing 28th Conference of the Parties (COP28) in Dubai on December 1. In a photo post on social media site X (formerly Twitter), Modi wrote in Italian: “Met PM Giorgia Meloni of Italy on the sidelines of the COP28 Summit. Looking forward to collaborative efforts between India and Italy for a sustainable and prosperous future." Also Read: Italy PM Giorgia Meloni applauds PM Modi calls him the ‘most loved leader’ of the world Meloni in turn also posted a selfie with the Indian PM saying, “Good friends at COP28.