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October 21, 202613°
BIST10011,798
+3.22%
USD49.55
+0.21%
EUR55.57
-0.09%
GOLD4,142.20
-0.01%
INTEREST37.00%
-1.00
BITCOIN82,924
+1.32%
October 21, 202613°

Markets & Finance

69 articles

Economy

Iran War Pushes May Inflation Higher in the US
US inflation is expected to rise for the third consecutive month in May. The war with Iran has driven up energy prices, increasing pressure on consumers.
Russia Criticizes EU's Decision to Inspect Ships in the Mediterranean from an International Law Perspective
Russian Foreign Ministry spokeswoman Mariya Zakharova reacted to the European Union's decision to stop and inspect suspicious ships in the Mediterranean. Moscow argued that this move threatens maritime security and announced it will take necessary measures to protect the ships.
Car Imports in Iran Surge by 47% in Two Months
Iran Customs Administration announced that 11,000 cars were imported into the country in the first two months of the year, marking a 47% increase compared to the same period last year. Imports in the first month totaled 4,538 vehicles.
Trump's $1.776 Billion Fund Plan Halted, Russia Investigation Debate Reignited
Donald Trump's plan to establish a $1.776 billion fund to distribute to his political allies has been shelved for now amid Republican backlash. The article emphasizes that contrary to Trump's claims of 'weaponization,' the Russia investigation and other cases have been deemed legitimate in official reviews.
Gold Prices Decline in Baghdad and Erbil
Gold prices fell on Wednesday in Baghdad and Erbil, with 21-carat gold trading around 900,000 Iraqi dinars. Wholesale prices in Baghdad dropped below Tuesday's levels, while Erbil also saw declines across various carats.
AI Data Centers Concentrate in Drought-Stricken Areas
Nearly two-thirds of planned data centers in the U.S. are located in regions that have experienced drought in the past year. Experts warn that AI investments are rapidly increasing water demand, putting pressure on agriculture and local communities.
Iran Tensions Weigh on Indian Stock Markets, Indexes End Day Flat
India's Sensex and Nifty ended the day flat as renewed tensions between the US and Iran dampened investor appetite. Weak global markets and foreign investor sell-offs added to the pressure.
Danantara and Gulf Capital Take Center Stage in Indonesia's Clean Energy Ambitions
Large-scale investment, corporate trust, and regulatory stability are emphasized as essential for Indonesia to realize its renewable energy goals. The article evaluates how the new sovereign wealth fund Danantara, backed by Gulf capital, could bridge this gap.
Bank of Palestine Accounts Frozen in Gaza; Public Outcry Intensifies
Many people in Gaza reported that their Bank of Palestine accounts and some electronic wallets were frozen without prior notice. This measure has sparked backlash by restricting daily financial access for a wide range of people including workers, merchants, and families.
India Calls for Immediate Halt to Attacks in West Asia
India has urgently called for restraint amid escalating tensions in West Asia and the Gulf region. New Delhi emphasized the need to protect civilians and complete a diplomatic resolution.

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