Press "Enter" to skip to content

How Türkiye drone boom propelled Bayraktar brothers to taxpayer glory
How Türkiye drone boom propelled Bayraktar brothers to taxpayer glory
By admin on April 14, 2025 |
Business
- Business
Baykar’s meteoric rise in global drone exports has propelled Selçuk and Haluk Bayraktar to cement their title of the nation’s top taxpayers in 2023. Renowned...
Leave a Comment
Over half of Libya’s oil output offline amid political standoff
Over half of Libya’s oil output offline amid political standoff
By admin on April 14, 2025 |
Business
- Business
Over half of Libya's oil production, or around 700,000 barrels per day (bpd), was offline on Thursday, as a standoff between rival political factions over...
Leave a Comment
Türkiye rebuffs claims of proposal to keep S-400s ‘in boxes’ for F-35s
Türkiye rebuffs claims of proposal to keep S-400s ‘in boxes’ for F-35s
By admin on April 14, 2025 |
Business
- Business
Türkiye reiterated on Thursday that there is no change in its position amid recent speculations that Ankara was keen to keep S-400 air defense missile...
Leave a Comment
BoE follows Fed to keep rates on hold amid ‘intensified’ uncertainty
BoE follows Fed to keep rates on hold amid ‘intensified’ uncertainty
By admin on March 23, 2025 |
Business
- Business
The Bank of England (BoE) held interest rates unchanged at 4.5% on Thursday, following a similar move by the U.S. central bank a day earlier...
Leave a Comment
CBRT pauses policy funding, raises overnight lending rate to 46%
CBRT pauses policy funding, raises overnight lending rate to 46%
By admin on March 23, 2025 |
Business
- Business
Türkiye’s central bank on Thursday announced it had suspended one-week repo auctions and raised its overnight lending rate to 46%, in a move economists interpret...
Leave a Comment
Travel chaos as huge fire shuts down London’s Heathrow Airport
Travel chaos as huge fire shuts down London’s Heathrow Airport
By admin on March 23, 2025 |
Business
- Business
A massive fire at an electrical substation knocked out power to London's Heathrow Airport on Friday, forcing a full-day shutdown that stranded hundreds of thousands...
Leave a Comment
Türkiye, Slovakia, Hungary get US waiver extension for Russian gas
Türkiye, Slovakia, Hungary get US waiver extension for Russian gas
By admin on March 23, 2025 |
Business
- Business
Türkiye, Slovakia and Hungary have received extensions from the United States to waivers for gas payments to Russia, according to reports, which said the extensions...
Leave a Comment
Türkiye’s consumer confidence reaches nearly 2-year high in March
Türkiye’s consumer confidence reaches nearly 2-year high in March
By admin on March 23, 2025 |
Business
- Business
Consumer confidence in Türkiye improved further in March to the highest level in nearly two years, official data showed on Friday. The consumer confidence index...
Leave a Comment
BP sells Apollo $1B stake in firm invested in TANAP gas pipeline
BP sells Apollo $1B stake in firm invested in TANAP gas pipeline
By admin on March 23, 2025 |
Business
- Business
British energy giant BP has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and Türkiye for $1...
Leave a Comment
Trump mulling F-35 jet sale to Türkiye: US media report
Trump mulling F-35 jet sale to Türkiye: US media report
By admin on March 23, 2025 |
Business
- Business
U.S. President Donald Trump is considering selling fighter jets, even fifth-generation F-35s, to Türkiye, according to a report from Fox News on Friday. Citing two...
Leave a Comment
Probes ordered after Heathrow Airport’s shutdown, disruption
Probes ordered after Heathrow Airport’s shutdown, disruption
By admin on March 23, 2025 |
Business
- Business
London's Heathrow Airport resumed operations on Saturday, ordering a probe into how it dealt with a power outage that shut Europe's busiest air hub for...
Leave a Comment
UK plans to slash govt costs by 15%, signals 10,000 civil job cuts
UK plans to slash govt costs by 15%, signals 10,000 civil job cuts
By admin on March 23, 2025 |
Business
- Business
British finance chief Rachel Reeves said Sunday she plans to cut the costs of running government by 15% within four years while also announcing 10,000...
Leave a Comment
US tourism outlook dims as Trump’s policies herald decline in visits
US tourism outlook dims as Trump’s policies herald decline in visits
By admin on March 23, 2025 |
Business
- Business
The U.S. tourism outlook has clouded in just a couple of weeks due to President Donald Trump's policy decisions that have irked some foreign visitors...
Leave a Comment
‘No hesitation’ in implementation of economic program: Şimşek
‘No hesitation’ in implementation of economic program: Şimşek
By admin on March 23, 2025 |
Business
- Business
There is "no hesitation" regarding the implementation of the government's economic program, a top Turkish finance official said recently, emphasizing they were working in "close...
Leave a Comment
Regulations and rivalries: The AI leadership debate
Regulations and rivalries: The AI leadership debate
By admin on March 23, 2025 |
Business
- Business
OpenAI has submitted an open letter to the United States Office of Science and Technology Policy (OSTP), which includes recommendations and strategies to preserve America's...
Leave a Comment
Europe’s $300B dilemma: What to do with frozen Russian assets
Europe’s $300B dilemma: What to do with frozen Russian assets
By admin on March 23, 2025 |
Business
- Business
With U.S. support for Ukraine in question, Kyiv's European allies are weighing whether to seize $300 billion in frozen Russian assets and use the money...
Leave a Comment
Recent quakes at Greece’s Santorini push tourists to Türkiye
Recent quakes at Greece’s Santorini push tourists to Türkiye
By admin on March 23, 2025 |
Business
- Business
The recent earthquakes impacting some of the Greek islands, particularly the widely popular summer spot Santorini, have prompted concerns and left tourists to reconsider their...
Leave a Comment
Tourist arrivals in Türkiye reach 4.3 million in January-February
Tourist arrivals in Türkiye reach 4.3 million in January-February
By admin on March 23, 2025 |
Business
- Business
Türkiye saw a slight increase in the number of foreign visitors in the first two months of 2025 despite a decline in February, official data...
Leave a Comment
‘Travel boom’ for Türkiye continues: German tour giant Tui
‘Travel boom’ for Türkiye continues: German tour giant Tui
By admin on March 23, 2025 |
Business
- Business
The world's largest travel group Tui is forecasting strong demand for the upcoming fall holidays, as people want to extend their summer days into the...
Leave a Comment
Climate change, crowd: Should Greece rethink its tourism model?
Climate change, crowd: Should Greece rethink its tourism model?
By admin on March 22, 2025 |
Business
- Business
As temperatures soar and tourist numbers increase, Greece is under pressure to rethink a tourism model that climate change is making increasingly untenable. With its...
Leave a Comment
Turkish tourists encouraged to visit TRNC
Turkish tourists encouraged to visit TRNC
By admin on March 22, 2025 |
Business
- Business
Launching a promotional campaign in tourism, a top official of the Turkish Republic of Northern Cyprus (TRNC) called on Turkish holidaymakers to take advantage of...
Leave a Comment
Libya’s eastern administration to close all oil fields in fresh row
Libya’s eastern administration to close all oil fields in fresh row
By admin on March 22, 2025 |
Business
- Business
Libya's eastern-based administration announced on Monday that it would shut down all oil fields and suspend all production and exports in a surprise move that...
Leave a Comment
Canada to impose 100% tariffs on Chinese EVs, following US suit
Canada to impose 100% tariffs on Chinese EVs, following US suit
By admin on March 22, 2025 |
Business
- Business
Canadian Prime Minister Justin Trudeau announced on Monday that Canada will impose a 100% tariff on the import of Chinese electric vehicles (EVs), months after...
Leave a Comment
Major Turkish defense firms sign agreements with Indonesia
Major Turkish defense firms sign agreements with Indonesia
By admin on March 22, 2025 |
Business
- Business
Türkiye's defense giants Aselsan and Roketsan inked strategic defense industry transfer deals with Indonesia under the leadership of the Presidency of Defense Industries (SSB) in...
Leave a Comment
S. Korea’s youth opt for high-end spending amid birth rate crisis
S. Korea’s youth opt for high-end spending amid birth rate crisis
By admin on March 22, 2025 |
Business
- Business
As South Korea tussles to stop the sharp decline in its birth rate, policymakers are having a rough time convincing many in their 20s and...
Leave a Comment

Posts tagged as “Wagner”

PMCs: Are they worth employing?

"Using PMCs as surrogates is costless for principals and enables them to achieve what they cannot do with their armies in legal and usual ways." (Illustration by Erhan Yalvaç)

PMCs: Are they worth employing?

By admin on July 25, 2023

Private military companies (PMCs) are in the spotlight after the Russian PMC Wagner launched a mutiny against its principal, namely the Russian government. Wagner was…

Russia says Wagner Group’s chief rebelled over contract signing with Defense Ministry

Russia says Wagner Group's chief rebelled over contract signing with Defense Ministry

Russia says Wagner Group’s chief rebelled over contract signing with Defense Ministry

By admin on June 30, 2023

Prigozhin was told that if he did not sign contract, he would be unable to continue participating in 'special military operation,' and his group would lose funding, says senior lawmaker

US imposes sanctions on gold companies funding Wagner Group

US imposes sanctions on gold companies funding Wagner Group

US imposes sanctions on gold companies funding Wagner Group

By admin on June 27, 2023

Targeted entities in Central Africa, UAE, Russia 'have engaged in illicit gold dealings to fund' group, says Treasury Department

Lukashenko says Wagner chief in Belarus

Lukashenko says Wagner chief in Belarus

Lukashenko says Wagner chief in Belarus

By admin on June 27, 2023

Belarusian president says he offered mercenary group abandoned military site where they can 'put their tents while thinking what to do next'

US to take action against Wagner for activities in Africa

US to take action against Wagner for activities in Africa

US to take action against Wagner for activities in Africa

By admin on June 27, 2023

State Department spokesman says action 'not in relation to events that happened this weekend, but for their prior activities'

Criminal case against Wagner head Prigozhin would be dropped: Kremlin

Criminal case against Wagner head Prigozhin would be dropped: Kremlin

Criminal case against Wagner head Prigozhin would be dropped: Kremlin

By admin on June 27, 2023

Yevgeny Prigozhin would go to Belarus, says Kremlin spokesman Dmitry Peskov

Putin says Wagner chief got some $2B from state over past year

Putin says Wagner chief got some $2B from state over past year

Putin says Wagner chief got some $2B from state over past year

By admin on June 27, 2023

Russian president says state paid salaries to Wagner mercenaries while its head Prigozhin was making profit from state orders

Ukraine’s leadership appears unwilling to engage in peace talks: Kremlin

Ukraine's leadership appears unwilling to engage in peace talks: Kremlin

Ukraine’s leadership appears unwilling to engage in peace talks: Kremlin

By admin on June 27, 2023

Kremlin spokesman Peskov says Kyiv and Western countries 'unequivocally exclude such a possibility'

Turkish president, NATO chief discuss latest developments in Russia over phone

Turkish president, NATO chief discuss latest developments in Russia over phone

Turkish president, NATO chief discuss latest developments in Russia over phone

By admin on June 26, 2023

Recep Tayyip Erdogan, Jens Stoltenberg address several issues including Sweden's NATO membership

Latvia warns of ‘unpredictable developments’ in region after latest events in Russia

Latvia warns of 'unpredictable developments' in region after latest events in Russia

Latvia warns of ‘unpredictable developments’ in region after latest events in Russia

By admin on June 26, 2023

Considering recent developments in Russia, we remain vigilant, says Foreign Ministry spokesperson