Argentine President Javier Milei has presented his 2025 budget to congress, with the libertarian promising to veto any law that threatened his strict goal to reduce the country's budget deficit to zero.
A high-level U.S. delegation has met with the head of Bangladesh's interim government, Nobel laureate Muhammad Yunus , to affirm “dedication to fostering inclusive economic growth," according to the U.S. Embassy in Dhaka.
Türkiye is expected to sign another long-term liquefied natural gas (LNG) supply agreement this week during Energy Minister Alparslan Bayraktar’s visit to the U.S.
China’s Belt and Road Initiative may have an adverse impact on Türkiye as Turkish companies could face significant losses in their European export markets, warns Nail Olpak, the president of the Foreign Economic Relations Board (DEİK).
With restrictions on exports eased and output expected to surge this year, Türkiye’s olive oil producers are focusing on large markets, such as the U.S., Australia, and Japan.
Most economists expect Türkiye’s Central Bank to keep its policy rate steady at 50 percent when members of the Monetary Policy Committee meet later this week on Sept. 19.
Some 4.4 percent of Turkish enterprises say they are using artificial intelligence (AI) technologies, down from 5.5 percent in 2023, according to a survey by the Turkish Statistical Institute (TÜİK).
Most foreign direct investments (FDI) into Türkiye in July 2024 came from European Union (EU-27) countries, the International Investors’ Association (YASED) has said in a report, based on the latest balance of payments data.
A total of 43 Turkish companies entered the prestigious ENR Top 250 International Contractors list this year, with Limak ranking 48th.
Inflation expectations for the end of 2024 declined from 43.3 percent in August to 43.1 percent in September, a Central Bank survey has shown.
Microsoft is cutting about 650 more positions from its gaming unit as it continues to tighten its belt following the blockbuster buyout of "Call of Duty" maker Activision Blizzard.
Carmaker Stellantis has said it would halt production of the electric version of its emblematic Fiat 500 in Italy due to weak demand, a move that comes as EV sales have slowed in Europe.
While global tourism bounces back stronger than expected, top tourism officials are urging continued vigilance and enhanced cooperation to safeguard the sector against emerging health threats such as mpox and possible future disruptions.
Boeing workers in the Seattle region overwhelmingly voted to strike Thursday, spurning a contract the embattled aviation giant characterized as a boon for manufacturing staff given the company's stressed financial condition.
The medium-term program has removed policy uncertainties and improved predictability, Vice President Cevdet Yılmaz has said.
The annual increase in the headline construction cost index eased from 66.1 percent in June to 46.4 percent in July, data from the Turkish Statistical Institute (TÜİK) have shown.
ECONOMY
