SHAFAQNA TURKEY – The crypto asset market is going through a difficult period due to the influence of companies in distress. Another company was said to be on its way to bankruptcy before the dust of the noisy FTX bankruptcy process settled. Digital asset brokerage Genesis, which suspended withdrawals following the events on FTX, was … Read more
SHAFAQNA TURKEY. Turkey will become the 20th largest economy in the world in 2021 and 2022, according to the World Economic Outlook report published by the IMF in October 2022 with updated data. According to the report, by 2024 Turkey will rise to 19th place in the list of the largest economies in the world. … Read more
SHAFAKNA TURKEY. Vehicle owners are keeping a close eye on the latest news on fuel prices, especially gasoline and diesel. While the decline in oil prices continued, a welcome announcement came in fuel prices. Another discount on the price of a liter of gasoline, which was reduced twice last week. “Is there a discount or … Read more
SAFAKNA TURKEY- Especially the rise in prices for milk and meat continues to burden the pockets of citizens. As milk prices have risen 175 percent in the past year, cheese, a breakfast staple, has become more expensive than meat for the first time in history. While red meat is sold by butchers for 185 lire … Read more
SAFAKNA TURKEY – There are now concerns that $10 billion in Bitcoin and crypto giant Digital Currency Group (DCG) could run into trouble after crypto lending platform Genesis was forced to put withdrawals on hold and was revealed to be seeking a $1 billion emergency loan. . This week, Genesis, one of the biggest crypto … Read more
SHAFAKNA TURKEY. With the first death from Covid-19 in China in 6 months, there are fears that measures will be tightened. The dollar starts the week strong as stocks and oil fall on concerns over China. Asia-Pacific stocks started the week negative due to negative news flow about Covid-19 in China. While the MSCI Asia … Read more
SAFAKNA TURKEY – Following recent developments in the cryptocurrency markets, countries are taking steps. Finally, the lower house of the Russian parliament proposed a new bill on cryptocurrency mining. According to the bill, from November 17, it is proposed to legalize the mining of cryptocurrencies and the sale of cryptocurrencies. The passage of the bill … Read more
SAFAKNA TURKEY – Rising prices for milk and meat continue to strain the pockets of citizens. As milk prices rose 175 percent in a year, cheese, a must-have breakfast staple, has become more expensive than meat for the first time in history. TUSEDAD President Senser Solakoglou said meat prices have also risen. He suggested that … Read more
SAFAKNA TURKEY- Minister of Finance and Treasury Nureddin Nebati met with representatives of the Association of Official Automobile Dealers (OYDER). During the meeting, which was attended by OYDER President Altug Ercis and accompanying board members, views were exchanged on the sector and the tax base in the automotive industry came to the fore. During the … Read more
SAFAKNA TURKEY – The international rating agency Fitch confirmed Turkey’s credit rating at the level of “negative” and “B” in its assessment of the Turkish economy. “Turkey’s ‘B’ rating reflects political and geopolitical risks, as well as growing economic turmoil due to weak external funding, increasingly intrusive and unconventional policies,” the agency said in a … Read more