Showing 69 Result(s)

Fatin Rüştü Karakaş appointed as SDIF President

According to the Appointment Decision published in the Official Gazette with the signature of President Recep Tayyip Erdoğan, Fatin Rüştü Karakaş was appointed as the Chairman of the Savings Deposit Insurance Fund (TMSF), and Yunus Öksüzömer as a member of the SDIF. According to the decision published with the signature of President Recep Tayyip Erdoğan …

BofA’s new interest rate expectation for the CBRT

Bank of America analysts, including Zümrüt İmamoğlu, said in a research report they published that they thought that the Central Bank of the Republic of Turkey would not raise interest rates until the beginning of next year. The group, which expects inflation to reach 18 percent in July after the surprise increase in inflation in …

ISM services index in the US drops from record level

U.S. service sector activity undercuts forecasts, driven by job losses. under grew up. The ISM services index, which broke a record with 64 in May, dropped to 60.1 in June. The median estimate of economists surveyed by Bloomberg was 63.5. The index’s value above 50 indicates growth in the sector. Although the index decreased compared …

Delta Plus variant seen in three cities in Turkey

Health Minister Fahrettin Koca said that Kovid-19 Delta Plus variant was seen in three people in three provinces in Turkey, and one of them was in Istanbul. Answering the questions of a group of journalists on Monday evening after the cabinet meeting, Koca said, “Delta plus was seen in three different cities in three people. …

ZEW expectation index fell in Germany in July

The emergence of new coronavirus variants in Germany and the difficulties in the manufacturing sector caused a decline in investor confidence. The ZEW expectations index fell to 63.3 from 79.8 in July, the lowest level since January. The figure is much more than the forecasts of economists surveyed by Bloomberg. under came. The current conditions …

Jaguar’s warning that the chip crisis is getting worse

Jaguar Land Rover (JLR) has warned that the global chip crisis is worsening. Thus, the company joined the major Chinese automakers that cut production due to the crisis. While SAIC Motor has reduced its automobile sales target by approximately 500 thousand units for the first half of the year, many automakers from Nissan to Volkswagen …

People in Iran complain about power cuts

Speaking to Iranian state television, Abuzer Salihi, General Manager of the electricity distribution company Tevanir, said, “We have reduced electricity exports to zero so that there is no problem in electricity supply in the country, since electricity consumption in the country is more than the amount produced.” said. Salihi stated that 70% of the electricity …