In order to reduce the effects of inflation in the energy sector, the Government announced, last September, several measures to support companies and families. So, the electricity and natural gas expenses will be worth another 20% for IRC deduction, which translates into less tax payable. This measure is particularly important, as the energy bill is one of the most important expenses in any company’s bills. This measure is part of the business support program “Energy to Forward” and has immediate effects. The Government expects to spend approx. 1.4 billion euros. Note that this increase in IRC it also applies to…
Author: Anton Kovačić
Esra Ozarfat BURSA – Rising energy and labor costs have destroyed the perception that Turkey is a ‘cheap exporting country’ in textiles. Although Turkey has turned the problems in the supply chain and logistics in its favor during the pandemic period, especially European-based brands have started to evaluate the Far East again in their long-term plans. Uludağ Ready-to-Wear and Apparel Exporters’ Association (UHKİB) President Nüvit Gündemir said that at this point, the vertical structure of the Turkish ready-to-wear and apparel industry from yarn to weaving, from dyeing and printing to ready-made garments makes Turkey stand out. Stating that increasing online…
The interest paid to the bank for the house loan has been rising for six consecutive months and has already reached the highest value in six and a half years. An evolution motivated by the continuous increase in Euribor rates, to which most mortgage loan contracts in Portugal are indexed. , to 1.144%which represents the highest value since March 2016 (1.163%). Interest rates increased by 13.3 percentage points compared to August, in what was already the sixth consecutive month of increases. Considering loans for house purchase – the most relevant financing destination in the whole of housing credit – the…
Theta Network is a decentralized video streaming network based on blockchain technology. Its unique platform allows users to stream video content without any lags. Its product has been praised by users and is being used by leading electronics companies like LG and Samsung. It has an audited report and is listed on top tier exchanges. Its market-wide fallIn spite of Theta’s market-wide fall, the company has fundamental reasons to remain bullish. It will launch its first NFT marketplace in 2022, add staking resources, and focus on gaming and live streaming. In addition, it has some big partnerships with companies like…
Sebnem TURHAN At the Monetary Policy Committee (MPC) meeting in October, the Central Bank cut another 150 basis points, above the expectations of 100 basis points, and cut the policy rate from 12 percent to 10.5 percent. In the MPC decision, it was stated that after a similar step was taken in the following meeting, the board put the end of the interest rate cut cycle on its agenda, and the message was given at the November meeting that the interest rate would be reduced to single digits with 9 percent. The Central Bank’s interest rate cut cycle, which started…
Chicago Med is about to deliver an exciting episode. The episode will see the return of Brian Tee, and Ethan will take a temporary position at Chicago Med. Both characters will struggle with trying to make amends with their fathers. Charles will try to encourage Ethan to reconcile with his father. The episode will also see Crockett have to take action when Blake’s surgical team breaks down. Choi’s father passed away while he was away doing liver transplantDr. Ethan Choi, the surgeon who performed the liver transplant, has been absent from Chicago Med for several weeks. His father was suffering…
Young Justice is an original series from DC comics based on the comic series Lords of Chaos and Order. The show stars many popular DC heroes. This season, Zatanna is found close to the conflict. She is also confronted with her own past and responsibilities. The episode will be airing on HBO Max. Young Justice: Phantoms is an original series by DC comicsIn Young Justice: Phantoms, the Justice League and Team are back together after the events of the previous season. However, the team is on edge. Queen Perdita has been abducted and Green Arrow and Black Canary are comatose.…
If you’re looking for an Ontology Price Prediction, you’re in the right place. The cryptocurrency has been trading in a downtrend for a few days, but recently broke an important support level. This suggests that the currency may move higher soon. To enter the market, an analyst would wait for price to squeeze through the 5m timeframe. Moving averagesTechnical analysis can help you predict the price of Ontology. The chart below compares the price of Ontology to other cryptocurrencies like Bitcoin, Ethereum, Ripple, and Binance USD. Each of these assets has its own price index graph, which measures its movement…
The current scenario is marked by economic and social instability. Inflation and rising financing costs are a double penalty for households and businesses.Past context vs current contextThe context we are going through is not particularly easy. The last few years have been marked by ultra expansionary monetary policies which resulted in neutral or even negative interest rates. This strategy was complemented by “aggressive” asset purchase programs by the central banks, which generated enormous liquidity in the financial markets. There were several consequences that ended up distorting reality. As an example, the year 2020 (Covid) was the year in which there…
President Recep Tayyip Erdoğan, in a video message he sent to the Environment Forum organized by Anadolu Agency, greeted the participants who came to Istanbul from all over the world to attend the forum. Wishing that the forum would be beneficial for all humanity, Erdoğan congratulated the Anadolu Agency management and all institutions and organizations that contributed and contributed to the execution of the event. President Erdoğan stated that the Environment Forum was organized to find a solution to one of the biggest global problems, the climate and environmental crisis, from the perspective of the media. Expressing that he believes…