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Turkish Central Bank’s upgraded buffers shield economy from global shocks

Having buffers, narrowing current account deficit, and improving foreign exchange reserves key in combating global supply crises in recent years, says Turkish Central Bank governor05 June 2026

Türkiye calls for rules-based trade system at Paris OECD summit

Liberalization of global trade, strengthening and preservation of rules-based multilateral system make up ‘sole key’ for economic progress in global trade, says Turkish trade minister05 June 2026

China rejects AI rivalry, calls for cooperation as DeepSeek gains in US market

Beijing says artificial intelligence should not be dominated by geopolitical rivalry, even as competition between Chinese and American firms intensifies05 June 2026

Russia expects to derive $13.6B from Strait of Hormuz oil spike

If high crude prices persist through 2026 end, 1-trillion-ruble windfall may be injected into National Welfare Fund, while Moscow still on track to exceed fiscal targets via state privatization, says Finance Minister Anton Siluanov05 June 2026

Turkish competition body launches probe, interim measure against Meta over AI practices

Meta must allow third-party generative AI chatbots to operate through WhatsApp without de facto or economic barriers05 June 2026

Turkish president says financial crises cannot be prevented without shifting to new economic paradigms

Participation finance is fairer, safer model not only for Muslims, but for whole world, says Recep Tayyip Erdogan05 June 2026

US economy adds 172,000 jobs in May, sharply beating expectations

Unemployment rate remains unchanged at 4.3%, while payroll gains come above market forecast of 85,00005 June 2026

Nvidia's Huang says AI infrastructure demand continues to accelerate

CEO visits South Korea, highlighting country’s role in AI supply chain, opportunities in robotics05 June 2026

Eurozone economy unexpectedly contracts 0.2% in first quarter

- EU economy shrinks 0.1% quarter-on-quarter, while employment remains stable05 June 2026

Global meat supply quadrupled since 1961: Report

FAO says global supply of terrestrial animal source food has risen rapidly since 196105 June 2026

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