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October 21, 202618°
BIST10011,577
-1.87%
USD49.58
+0.05%
EUR55.62
+0.09%
GOLD4,155.00
+0.30%
INTEREST37.00%
-1.00
BITCOIN84,655
+2.07%
October 21, 202618°

Latest News

Trump says Iran is not yet ready for the right deal with the US
U.S. President Donald Trump said Iran wants to reach a deal with the United States but is not yet ready for “the right deal” before departing Washington for South Carolina. Trump stressed the importance of economic sanctions, said military options remained on the table and stated that the United States had full control of the Strait of Hormuz.
Hadi Yalçın Endaz, Well-Known Member of New Jersey’s Turkish Community, Dies at 56
Hadi Yalçın Endaz, a longtime mortgage professional and well-known member of New Jersey’s Turkish-American community, has died at the age of 56. His passing has prompted an outpouring of condolences from family, friends and members of the local Turkish community.
Sybiha calls for a stronger US role in the peace process
Ukrainian Foreign Minister Andrii Sybiha said at a joint news conference with German Foreign Minister Johann Wadephul in Kyiv that the United States should take a more active role in peace efforts. Sybiha said Ukraine expects a US negotiating team to visit the country and that he discussed defense, the economy and winter preparations with Germany.
Canada will respond to US tariffs of 50 percent
Canadian Prime Minister Mark Carney announced that Canada would respond to the 50 percent US tariffs that took effect on Saturday. The tariffs cover $20 billion worth of goods, accounting for about 5 percent of Canada’s annual goods exports to the United States.
U.S. Ambassador to Ankara Barrack says Israel used faulty intelligence in Idlib
U.S. Ambassador to Ankara and Special Envoy for Syria and Iraq Thomas Barrack said the intelligence Israel used in its attack on the Abu Zuhur Air Base was inaccurate. Barrack said U.S. intelligence had not confirmed the claim that Türkiye would transport military personnel to the base.
NIS asks US authorities to extend license expiring on August 28
Belgrade-based Russian-Serbian oil company NIS applied to the US Treasury Department to extend its operating license, which expires on August 28. OFAC had extended the company’s operating license and the process for selling Gazprom Neft’s 56.15% controlling stake in NIS until the same date.
Putin says September elections will demonstrate Russia’s stability
Russian President Vladimir Putin said the parliamentary elections planned for September 18–20 will demonstrate the stability of the state and the maturity of its political system. Voters will cast ballots for 450 seats in the State Duma.
U.S. plan calls for two years of water cuts in three Colorado River states
U.S. federal authorities announced that water use by California, Nevada and Arizona in the drought-stricken Colorado River basin will be reduced for two years. Mexico will also reduce its withdrawals by 250,000 acre-feet under an agreement, while the basin’s seven states have yet to reach a permanent water-sharing arrangement.
Trump Warns of Impeachment if Republicans Lose the Midterms
U.S. President Donald Trump warned that Democrats would move to impeach him again if Republicans lose control of Congress in the 2026 midterm elections. Speaking at a rally in South Carolina, Trump urged Republican voters to turn out and treat the upcoming elections as if his own name were on the ballot.
New York Overtakes San Francisco in Tech Workforce for the First Time
New York has surpassed the San Francisco Bay Area in the number of tech workers for the first time in the 13-year history of CBRE’s research. The New York metropolitan area now has 394,300 tech workers, with rapid growth in artificial intelligence and technology hiring across the financial sector helping drive the expansion.
Victory Day Celebration to Be Held at the Turkish House in New York
The Turkish Consulate General in New York will host a special event at the Turkish House (Türkevi) to mark the 104th anniversary of Türkiye’s August 30 Victory Day. The celebration will take place on Monday, August 31, bringing together members of the Turkish community in New York and the surrounding area.
China seeks Indonesia’s support for WAICO amid rivalry with Washington
Chinese Foreign Minister Wang Yi asked Indonesian Foreign Minister Sugiono in Jakarta on Friday to strongly support the World AI Cooperation Organization. While 29 countries signed an agreement in Shanghai last month to establish WAICO, Indonesia continues to maintain economic and technological ties with China and the United States.
Merz’s weeks-long absence from public draws criticism in Germany
German Chancellor Friedrich Merz’s absence from public view since July 29 and his roughly four-week vacation have come under discussion as the country faces hot weather, drought and wildfires. Deputy Government Spokesperson Sebastian Hille said Merz was maintaining contact with cabinet members and leaders of other countries.
Trump says $850 million is available for the 2026 midterm elections
U.S. President Donald Trump said his political organization has approximately $850 million for the Republican candidates it supports in the 2026 midterm elections. Trump said he would use most of the funds to support candidates he considers suitable and that additional money was also being raised.
Canada suspends talks with US and announces matching tariff response
Canadian Prime Minister Mark Carney announced the suspension of trade talks with the US and said Canada would respond at the same rate to the planned 50% tariff on approximately $28 billion worth of Canadian products. The decision came after talks in Washington failed to make progress toward Canada's objectives.
Dutch regulator fines Uber €825 million over driver accounts
The Dutch Data Protection Authority fined Uber €825 million after ruling that the company violated European Union data protection rules by disabling driver accounts through automated systems. The investigation began with complaints from drivers in France concerning the 2020–2022 period.
US imposes 50% tariffs on some products imported from Canada
The US government has implemented 50% tariffs on some products imported from Canada worth approximately $20 billion. Canadian Prime Minister Mark Carney announced that trade negotiations had been suspended and that Canada would respond to the tariffs.
U.S. Justice Department announces $400 million settlement in TikTok case
The U.S. Justice Department announced a $400 million settlement with TikTok, ByteDance and their affiliates to resolve a case concerning children’s online privacy. TikTok will pay $300 million immediately and an additional $100 million after the previous settlement order against Musical.ly is vacated.
Global markets faced heavier selling as U.S. Treasury yields rose
Global markets closed last week mostly lower under pressure from geopolitical tensions, rising oil prices and bond sell-offs. Investors will monitor the Jackson Hole Economic Policy Symposium, U.S. growth and employment data, and Nvidia’s earnings report in the new week.
U.S. Supreme Court lets Trump’s $400 million ballroom project continue for now
The U.S. Supreme Court has allowed construction of Trump’s $400 million White House ballroom to continue until a new ruling is issued. The decision suspends a lower court’s April 16 order halting the project, while the merits of the case will be decided later.

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