The government allocates over USD $40 billion to its defense budget, marking a 150% increase from 2023. Read more about The government allocates over USD $40 billion to its defense budget, marking a 150% increase from 2023.
Turkey's domestic sovereign bonds are set to be among the top global trades in emerging market fixed income. Read more about Turkey's domestic sovereign bonds are set to be among the top global trades in emerging market fixed income.
The government introduces modern definitions for virtual asset service providers, aiming for regulatory clarity in the digital finance sector, particularly cryptocurrency. Read more about The government introduces modern definitions for virtual asset service providers, aiming for regulatory clarity in the digital finance sector, particularly cryptocurrency.
Turkey and Iran increase rail freight transportation to 1 million tons, exchanging 200 wagons every 24 hours. Read more about Turkey and Iran increase rail freight transportation to 1 million tons, exchanging 200 wagons every 24 hours.
Unlike the previous two years, the minimum wage is raised only once this year. Read more about Unlike the previous two years, the minimum wage is raised only once this year.
Considering land-based food production, Turkey is not projected to face severe food insecurity. Read more about Considering land-based food production, Turkey is not projected to face severe food insecurity.
Water resources needed for food production and rural development are threatened by climate change impacts, such as an increase in summer temperatures, a decrease in winter precipitation (in western provinces in particular), a loss of surface waters, an increase in the frequency of droughts, land degradation, coastal erosion, and floods. Read more about Water resources needed for food production and rural development are threatened by climate change impacts, such as an increase in summer temperatures, a decrease in winter precipitation (in western provinces in particular), a loss of surface waters, an increase in the frequency of droughts, land degradation, coastal erosion, and floods.
In autumn precipitations, decreases up to 50% are projected throughout Turkey besides the Marmara coasts. In summer, while precipitation increases are expected in the Marmara and Western Black Sea Regions, a precipitation decrease could occur in the Mediterranean and Eastern Anatolia. Read more about In autumn precipitations, decreases up to 50% are projected throughout Turkey besides the Marmara coasts. In summer, while precipitation increases are expected in the Marmara and Western Black Sea Regions, a precipitation decrease could occur in the Mediterranean and Eastern Anatolia.
During the winter, precipitation decreases in the Central and Eastern Black Sea, and Southeastern Anatolia Regions and increases in other regions, specifically in the Central and the Eastern Black Sea coasts. In spring, approximately 20% rainfall decreases are expected in areas other than the Coastal Aegean, the western part of the Central Black Sea, and the Eastern Black Sea. Read more about During the winter, precipitation decreases in the Central and Eastern Black Sea, and Southeastern Anatolia Regions and increases in other regions, specifically in the Central and the Eastern Black Sea coasts. In spring, approximately 20% rainfall decreases are expected in areas other than the Coastal Aegean, the western part of the Central Black Sea, and the Eastern Black Sea.
