Participants in the Central Bank’s August Survey of Market Participants raised their year-end consumer inflation expectation to 29.43 percent, compared with 29.21 percent in the previous survey period.
Kuwait's once prosperous oil sector has stood largely paralysed for months, with petroleum exports plummeting as fighting raged across the Gulf — triggering the country's largest crisis in decades.
The Indonesian government will close more than 750 state-owned enterprises by year's end, President Prabowo Subianto said on Aug 14, mulling the possibility of a special court to investigate "unproductive" boards.
U.S. President Donald Trump has announced tariffs of up to 100 percent on imports of unmanned drones and their components to reduce U.S. reliance on imports in an industry dominated by China.
Türkiye will temporarily eliminate special consumption taxes on diesel fuel for the rest of August before phasing them back in incrementally through the end of the year, Treasury and Finance Minister Mehmet Şimşek announced on Aug. 13.
Türkiye’s cherry exports reached $235 million in the first seven-plus months of 2026, marking a dramatic recovery from a severe frost that devastated last year’s crop, an exporters’ trade group has reported.
In a major regulatory shift, Türkiye is now allowing certified real estate brokers to advertise listings on social media, sparking warnings from experts about persistent digital scams and lingering consumer vulnerabilities.
As a heat wave dries Germany’s rivers, government ministers are at odds over what to do about it: Re-engineer the waterways or restore them to their natural state.
Britain’s economic growth slowed in the second quarter compared with the first three months of the year, official data showed on Aug. 13, as the country faced political unrest at home and fallout from the Middle East war.
The U.S. State Department on Aug. 12 said it was seeking bids for a new initiative aiming to speed up the transport of AI infrastructure components, beginning with a pilot program in Panama.
Istanbul Airport ranked as Europe’s busiest air hub from July 27 to Aug. 2, averaging 1,633 arriving and departing flights a day, according to EUROCONTROL.
Expenditures from the budget allocation for investment projects of Türkiye’s Ministry of Transport and Infrastructure reached 41.5 billion Turkish Liras ($869 million) in the first half of the year.
Türkiye’s overall export unit value index increased by 12.6 percent year-on-year in June, while the import unit value index rose by 12.9 percent, according to foreign trade indices data.
Direct flights between Tehran and the Black Sea city of Trabzon have officially launched, with an inaugural flight of 140 passengers kicking off a new twice-weekly schedule.
The Treasury and Finance Ministry has completed preparations to reduce the special consumption tax on diesel as it seeks to limit the domestic impact of rising global oil prices, according to information obtained by Hürriyet.
The enthusiasm of companies seeking alternative financing through initial public offerings (IPOs) continues to grow, with firms awaiting approval from Türkiye’s Capital Markets Board (SPK) gradually making their way onto the stock exchange.
ECONOMY
