Economy

Economy Budget posts 12.9 billion lira surplus in August

Budget posts 12.9 billion lira surplus in August
Economy Services output rises 3 pct in July

Services output rises 3 pct in July
Reform plans target red tape for investors

Reform plans target red tape for investors

Türkiye plans to simplify business procedures and establish a board to help resolve investors’ disputes with public agencies under its 2027-2029 Medium-Term Program.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Türkiye ranks second for EU residents’ travel outside bloc

Türkiye ranks second for EU residents’ travel outside bloc
ECONOMY Oil supply squeeze drives up energy bills

Oil supply squeeze drives up energy bills

Disruptions to oil supplies through the Strait of Hormuz are raising energy costs worldwide as the war with Iran reaches its 200th day on Sept. 15, putting pressure on importers.
ECONOMY Global goods trade strengthens despite uncertainty: WTO

Global goods trade strengthens despite uncertainty: WTO

Global goods trade continued to strengthen in mid-2026 despite geopolitical tensions and uncertainty over trade policy, the World Trade Organization said.
ECONOMY Microsoft publishes AI code of conduct

Microsoft publishes AI code of conduct

Microsoft’s AI division published a code of conduct on Sept. 14 governing how its artificial intelligence models should behave, as fears rise about the dangers of AI.
Germany weighs tougher trade measures on China ECONOMY

Germany weighs tougher trade measures on China
Solar and wind supply nearly a quarter of Türkiye’s power ECONOMY

Solar and wind supply nearly a quarter of Türkiye’s power
Istanbul Airport expands as international traffic grows ECONOMY

Istanbul Airport expands as international traffic grows
Germany seeks closer agricultural ties with Türkiye ECONOMY

Germany seeks closer agricultural ties with Türkiye
Turkish Lira deposit rates hit lowest level since 2023 ECONOMY

Turkish Lira deposit rates hit lowest level since 2023
Auto output falls 7.3 pct in first eight months ECONOMY

Auto output falls 7.3 pct in first eight months
Saudi pipeline outage threatens 4 pct of global oil supply ECONOMY

Saudi pipeline outage threatens 4 pct of global oil supply

Saudi Arabia risks running out of oil stocks used for exports within days unless its East-West pipeline restarts, threatening up to 4 percent of global supply, oil buyers and traders told Reuters.
Syria launches first locally issued card for use abroad ECONOMY

Syria launches first locally issued card for use abroad

Syria launched its first locally issued electronic payment card accepted internationally on Sept. 13, in a move aimed at developing the country’s digital payments system and reconnecting its banking sector with global payment networks.
Canada seeks closer EU ties to ease reliance on US ECONOMY

Canada seeks closer EU ties to ease reliance on US

Canadian Prime Minister Mark Carney is seeking closer trade and security ties with the European Union to reduce Canada’s reliance on the United States as President Donald Trump’s trade war strains relations.
AI slowdown push faces political and competitive hurdles ECONOMY

AI slowdown push faces political and competitive hurdles

U.S. President Donald Trump pushed back on Sept. 13 against calls from leading artificial intelligence executives to slow development, saying the United States must maintain its lead over China.
Ukraines economy hobbled by Russian strikes ECONOMY

Ukraine's economy hobbled by Russian strikes

Ukraine's economy is being crippled by intensifying Russian strikes hitting key sectors and its GDP could slump by 1.5 points in 2026, Kiev officials said on Sept. 12, warning of a "very difficult" winter ahead.
Anthropic boss Amodei calls for AI slowdown ECONOMY

Anthropic boss Amodei calls for AI slowdown

Anthropic CEO Dario Amodei on Sept. 12 called on artificial intelligence (AI) firms to slow down the development of the powerful technology, amid mounting worries over the risks of "superintelligent" computer systems.
This is the test: All eyes on US Fed to tackle high inflation ECONOMY

'This is the test': All eyes on US Fed to tackle high inflation

The U.S. Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation — and analysts say central bank chief Kevin Warsh's credibility is on the line.
OpenAI will not go public this year: Altman ECONOMY

OpenAI will not go public this year: Altman

OpenAI CEO Sam Altman said in an interview with Fortune published on Sept. 12 that his company would not launch its initial public offering of stock this year.
Türkiye, Azerbaijan seek deeper cooperation, says energy minister ECONOMY

Türkiye, Azerbaijan seek deeper cooperation, says energy minister

Türkiye and Azerbaijan are advancing major electricity projects, Turkish Energy and Natural Resources Minister Alparslan Bayraktar has stated, highlighting plans to expand regional energy connectivity while supporting Europe’s energy security.

Turkish travel agencies raise concern over porposed online booking rules ECONOMY

Turkish travel agencies raise concern over porposed online booking rules

Turkish travel agencies have raised concerns over a draft law regulating international online accommodation platforms.

Türkiye to expand EV charging network in clean transport push ECONOMY

Türkiye to expand EV charging network in clean transport push

Türkiye plans to accelerate the rollout of electric vehicle (EV) charging infrastructure nationwide as part of its Medium-Term Program (OVP), which includes measures to support cleaner transportation and reduce emissions.
Türkiye to boost mining investment to strengthen energy security ECONOMY

Türkiye to boost mining investment to strengthen energy security

Türkiye will increase investments in mining and domestic resource development to strengthen energy security under its 2027-2029 Medium-Term Program (OVP).