International credit rating agency Moody’s argued that the rising cost of the government’s measures to protect households from the full effects of high inflation will increase the pressure on the budget in the coming months. Moody’s has published the questions and answers regarding the assessment it made for the Turkish economy on August 17. Noting that Turkey faces high pressures on its external position due to its high energy import bill, Moody’s noted that Turkish authorities are increasingly resorting to unorthodox measures to stabilize the currency and restore foreign exchange buffers. The organization stressed that they answered the following questions…
Author: Anton Kovačić
To help you reduce your plastic footprint and save money, ZERO launched last July, in connection with the #plasticfreejuly movement, an awareness campaign to reduce the use of plastic, providing a small brochure with a example of savings of this resource for each day of the month. We now ask you to apply these principles to the remaining 11 months of the year. And why? In the case of this article, we try to demonstrate that the refusal to use plastic in our daily lives, in a simple trip to the supermarket, can result in a real direct savings in…
This article will give you an IOTA price prediction for 2024 and 2023. As of this writing, IOTA is trading at $1.3710, so the price is expected to rise over the next few years. In addition, I will discuss the future growth of IOTA. This digital currency is a good investment, since it is decentralized and does not require the use of miners for processing transactions. This means that it is a great way to make money while helping the environment. IOTA price started in 2022 at $1.3710 When the IOTA price started in 2022, it was around $1.3710. This…
While the transformation to electric vehicles is accelerating all over the world, an investment attack has started to solve the charging station problem, which is one of the biggest concerns of Turkish consumers. Firms are announcing new station investments one after another. On the other hand, the number of companies that obtained the Charging Network operator License reached 30. It is predicted that the number of charging stations in Turkey, which is 4 thousand, will approach 200,000 by 2030. In Turkey, the Charging Service Regulation published in the Official Gazette in April of this year and then the Energy Market…
Uncertainty continues regarding the steps to be taken by the US Federal Reserve (Fed) at its September meeting. It is estimated that the Fed will increase interest rates by 50 basis points with a 55 percent probability and 75 basis points with a 45 percent probability in September. Failing to receive a clear message regarding the monetary policy steps in September from the verbal guidance of the Fed officials turned his eyes to the statements of Fed Chairman Powell at the Jackson Hole Economic Policy Symposium on Friday. While the Fed’s possible monetary policy steps are expected in Powell’s statements,…
Baris ERKAYA But perhaps the point comes back to this: The stock market is not a gambling place. If you are not a real trader who has been trained in the capital markets, there will always be someone smarter than you, and their biggest goal will be to sell you a stock at a high price and get what you have at a cheap price. Because the only way for him to make money in daily trading will be for you to lose money at the same time. This is not a prophecy. This is pure truth. Because even investment…
Turkey Travel Agencies Association (TÜRSAB) President Firuz Bağlıkaya stated that the difficulties experienced in Schengen visa applications caused the burden on travel agencies to increase even more, and said, “This problem, which negatively affects the commercial activities of our travel agencies, leads to cancellations in tours.” used the phrases. In his statement, Baglikaya said that the long-standing problems regarding the Schengen visa required for travel to European Union (EU) member countries have turned into an important and devastating problem for both citizens who want to travel to these countries and travel agencies that are members of the union. stated that.…
An amendment was made on the Establishment of Turkish Lira Securities for Foreign Currency Liabilities published in the Official Gazette, and a temporary application was introduced regarding the establishment of securities according to credit growth. The statement from the Central Bank is as follows: “Required reserve and general liquidity practices based on the on-balance sheet or off-balance sheet items of banks and other financial institutions are among the main duties and powers of the Central Bank, which is specified in Article 4 of the Central Bank Law No. 1211. The Central Bank supports financial stability and monetary policy. In order…
We all know that we are living longer, the increase in average life expectancy in developed societies is a reality, and undoubtedly people have increased their longevity. It is currently not unrealistic to expect your retirement to last 20 to 30 years. The average life expectancy in Portugal is 80.72 years at birth and 19.35 years old to 65 years old, according to recent data from INE. Living longer requires more planningLiving longer naturally brings positive aspects, however, it simultaneously creates a set of concerns, namely the need for effective retirement planning, which has become a central theme with a…
CHP Chairman Kemal Kılıçdaroğlu attended the Tekirdağ Metropolitan Municipality’s New Service Building Opening Ceremony. CHP Spokesperson Faik Öztrak, CHP Deputy Chairman Seyit Torun and CHP deputies attended the ceremony. Kilicdaroglu; Pointing to the “six table” where six political party leaders came together, he said, “Don’t forget what is coming. That’s why I say don’t be hopeless. You’ll soon see. Together we will bring Turkey to the light. No one will be imprisoned for their thoughts. We will definitely bring democracy, justice and law to this country. This is our promise. Six leaders have promised this. It is the confession of…