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BBVA cuts Türkiye's growth outlook on Iran war, tight financial conditions Image

BBVA cuts Türkiye's growth outlook on Iran war, tight financial conditions

Turkish economy

2 min read

Bank lowers its 2026 GDP growth forecast to 3% from 4% as regional conflict and restrictive financing conditions weigh on economy

Housing costs take record share of Turkish household spending in 2025

Business

Housing and rent account for 29.3% of household spending, the highest share on record since 2002

Housing costs take record share of Turkish household spending in 2025 Image

US-based Apollo expands stake in TANAP pipeline through SOCAR deal

Business

Apollo expands its investment in TANAP as SOCAR secures additional financing support for strategic gas pipeline

US-based Apollo expands stake in TANAP pipeline through SOCAR deal Image

Türkiye auto sales drop over 20% in May on high borrowing cost, Iran war

Business

Passenger car and light commercial vehicle sales fall sharply in May, extending broader slowdown in Türkiye’s auto market

Türkiye auto sales drop over 20% in May on high borrowing cost, Iran war Image

Eurozone inflation rises to 3.2% despite modestly lower energy prices Image

Business

Eurozone inflation rises to 3.2% despite modestly lower energy prices

2 min read

Trump’s Lebanon move tempers oil as equities stay muted Image

Business

Trump’s Lebanon move tempers oil as equities stay muted

2 min read

Europe struggles to connect €100B worth of renewable projects: Report Image

Business

Europe struggles to connect €100B worth of renewable projects: Report

2 min read

Finland to open world's first deep nuclear waste repository Image

Business

Finland to open world's first deep nuclear waste repository

2 min read

Asian markets far more open to AI companions than West: Survey Image

Business

Asian markets far more open to AI companions than West: Survey

2 min read

Türkiye opens talks with Russia to renew gas supply deal beyond 2026 Image

Business

Türkiye opens talks with Russia to renew gas supply deal beyond 2026

2 min read

Türkiye's survival tab rises to $766 in May, quarter above minimum wage Image

Business

Türkiye's survival tab rises to $766 in May, quarter above minimum wage

2 min read

Istanbul inflation softens to weakest pace in 5 months in May Image

Business

Istanbul inflation softens to weakest pace in 5 months in May

2 min read

Night museum initiative draws over 1M visitors in 2025 Image

Business

Night museum initiative draws over 1M visitors in 2025

2 min read

Pope Leo draws a line Silicon Valley didn't expect: AI has a moral limit Image

Business

Pope Leo draws a line Silicon Valley didn't expect: AI has a moral limit

2 min read

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