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October 21, 202610°
BIST10011,798
0.00%
USD49.58
+0.05%
EUR55.62
+0.09%
GOLD4,128.80
-0.33%
INTEREST37.00%
-1.00
BITCOIN82,717
-0.27%
October 21, 202610°

Markets & Finance

142 articles

Economy

Trump Announces $700 Million Allocation for Coal Power Plants
U.S. President Donald Trump announced that he will allocate $700 million to coal-fired power plants using wartime presidential authority. Trump argued that this move will help reduce energy prices and the cost of living.
$55.8 Million Ethereum Purchase Boosts Recovery Expectations
A major investor known as EthereumOG bought approximately 35,723 ETH worth $55.8 million over the past two days. This transaction has reignited hopes of a market recovery as Ethereum's price hovers near recent lows.
Trump Criticizes Fed's Potential Rate Hike and Urges Freedom for Warsh
Donald Trump criticized the Federal Reserve's potential interest rate hike, saying it would punish success. He also expressed that Fed Chair Kevin Warsh should be allowed to "do whatever he wants."
US Considers New Tariffs on Over 60 Countries Including Turkey
The US administration is reportedly considering imposing new customs duties ranging from 10% to 12.5% on more than 60 countries, including Turkey and the European Union. The plan aims to base these tariffs on older trade laws to make them more resilient against legal challenges.
France to Test Arcadia, Rival to US System, in NATO Exercise
France is preparing to test the AI-powered Arcadia command system during a NATO exercise in Poland. The system is positioned as a European alternative to the US-based Palantir Maven platform in defense technology.
Calls to Pause AI Development Gain Momentum
The approach of AI systems to a stage where they can produce their own successors without human intervention has accelerated new debates in the tech world. A paper published by Anthropic and a letter from a group of entrepreneurs including Elon Musk have brought the idea of a pause in AI development back into focus.
Iran Implements Transit Fees for Ships Passing Through the Strait of Hormuz
An Iranian parliamentary official announced that ships passing through the Strait of Hormuz are charged an average fee between 1.5 million and 2 million dollars. Payments can be made in cash, cryptocurrency, goods, or barter, and the system operates under a framework supervised by the Supreme National Security Council.
China's Foreign Exchange Reserves Rise to $3.44 Trillion in May
China's foreign exchange reserves increased by $31.7 billion compared to the previous month, reaching $3.442 trillion at the end of May 2026. The rise was attributed to the combined effects of swap transactions and changes in asset prices.
Kosovo Holds Early Elections to Overcome Political Deadlock
Voters in Kosovo went to the polls in an early parliamentary election to break the political deadlock and advance EU and NATO goals. Months of crisis have strained the economy, but analysts do not expect major changes from the results.
US Considers Using Frozen Iranian Assets to Repair Damage in the Gulf
The US plans to redirect frozen Iranian financial assets to reconstruction and recovery efforts in Gulf countries. This initiative emerged amid rising tensions in the region following Iran-linked attacks.

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