Elon Musk faces $258 bln. “crypto pyramid scheme” lawsuit over Dogecoin

London, June 17 (HNA) – Billionaire Elon Musk and his companies Tesla and SpaceX have been hit with a $258 billion lawsuit claiming they are part of a racketeering scheme…

Fed rate hike: Powell’s fight against inflation may not result in a “soft landing”

Deniz Kılınç / Istanbul, June 16 (HNA) – US Federal Reserve’s 75 basis point rate hike, which is the highest rate increase of the last 28 years, caused a turmoil…

BİSAM: The hunger threshold in Turkey surpasses 5,500 liras

Deniz Kılınç / Istanbul, June 15 (HNA) – Research Center of the United Metal Workers’ Union (BISAM) revealed that the hunger threshold in Turkey reached 5 thousand 557 liras, while…

Current account records a USD 2.74bn deficit

Deniz Kılınç / Istanbul, June 13 (HNA) – Turkey’s current account deficit increased by 1 billion 222 million to 2 billion 737 million dollars in April, compared to the same…

Industrial production gains 10.8 percent in April

Deniz Kılınç / Istanbul, June 13 (HNA) – Turkey’s annual industrial production surged 10.8 percent in April, while it remained the same compared to March. Turkish Statistical Institute (TurkStat) data…

DİSK-AR: Broadly defined number of unemployed people stands at 8 million 107 thousand

Deniz Kılınç / Istanbul, June 10 (HNA) – The broadly defined number of unemployed people is 8 million 107 thousand and the broadly defined unemployment rate is 21.7 percent, according…

Construction cost index surges by 106.60 percent in april

Deniz Kılınç / Istanbul, June 10 (HNA) – Construction cost index increased by 106.60 percent and 6.12 percent in april on an annual and monthly basis, respectively. Turkish Statistical Institute’s…

Overall export and import unit value indices rise in april

Deniz Kılınç / Istanbul, June 10 (HNA) – the overall export and import unit value indices rose by 13.3 percent and 39.4 percent, respectively, in april on an annual basis.…

Unemployed inches up to 11.3 percent

Deniz Kılınç / Istanbul, June 10 (HNA) – The number of unemployed people aged 15 years old and over increased by 65 thousand to 3 million 853 thousand in april…

WTO calls to “stop the fish meltdown” on Ocean Day

London, June 9 (HNA) – On the occasion of World Ocean Day, World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala and Ambassador Santiago Wills, chair of the fisheries subsidies negotiations, stood…