AK Party Group Deputy Chairman Mustafa Elitaş said that the annual cost of welfare share increases to be made in pensions and civil servants is 260 billion TL. Ma...
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Investor confidence in the Eurozone improved for the third month. However, it remained in negative territory due to difficult economic conditions. Sentix investor...
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The unemployment rate in the Eurozone was set at 6.5 percent in November. The European Statistical Office (Eurostat) published the unemployment data for the Europ...
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The Swiss National Bank (SNB) announced a loss of 132 billion Swiss francs ($143 billion) last year amid high volatility in capital markets. This was the SNB’s la...
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Despite high energy prices and slowing global demand, German industrial companies increased production by 0.2 percent in November. Expectations were for a 0.3 per...
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Speaking at the New Generation Storm Howitzer Delivery Ceremony at the BMC Plant of the Arifiye Campus of the Ministry of National Defense in Sakarya, President E...
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European Union (EU) Commission President Ursula von der Leyen announced that they will provide 500 million euros of aid to Pakistan, which experienced floods last...
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China is preparing to relax strict rules on real estate developers’ access to credit. According to sources who spoke to Bloomberg, the Beijing government plans to...
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The world’s largest steelmaker, ArcelorMittal, has sold 2 percent of its shares in Ereğli Iron and Steel Factories (Erdemir). The world’s largest steelmaker, Arce...
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In addition to mobile phones, vehicles and televisions imported for commercial purposes and manufactured domestically, computers, tablets and smart watches have a...
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The maturity limit for consumer loans for the purchase of mobile phones has been increased from 5,000 Turkish Lira to 12,000 Turkish Lira The Banking Regulation a...
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The People's Bank of China has begun to withdraw the liquidity it provided to the market to meet the increasing cash demand towards the end of the year. The Peopl...
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St. Louis Fed President James Bullard said the risk of the US economy entering a recession has diminished in recent weeks and that he believes inflation will decl...
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Samsung's quarterly profit fell to its lowest level in 8 years due to falling memory chip prices and decreasing demand for electronic devices. Samsung's balance s...
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In the 11th round of voting in the lower house of the US Congress, the House of Representatives, no speaker could be elected. Following the midterm elections on N...
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Markets in Asia-Pacific traded higher as the Fed signaled more rate hikes ahead. The U.S. ADP special payrolls report said employers added 235,000 jobs in Decembe...
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Asia-Pacific stocks rose as investors ignored the U.S. Federal Reserve’s pledge for higher interest rates to combat inflation. Mainland China’s Shenzhen Composite...
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In China, service sector activity contracted in December as rising COVID-19 cases hit demand. Although the services sector PMI prepared by Caixin/S&P Global rose ...
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Amazon is planning to lay off more than 18,000 people, admitting it hired too quickly during the pandemic. Amazon said Wednesday that it would lay off more than 1...
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The Bank of Japan is said to be revising upward its core inflation expectations, which exclude fresh food and energy prices, for 2022 and 2023 from its quarterly ...
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According to the Automotive Distributors and Mobility Association (ODMD) data, automobile and light commercial vehicle sales exceeded 783 thousand in 2022. Althou...
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