ECONOMY

Gold prices, which ended last week with a slight decline, began to rise again as the new week began. In Turkey, the price of a gram of gold rose to 5,859 lira. The price of an ounce of gold started trading at 4,347 dollars. Strategist Devrim Akyıl, a guest on the 'Açık Açık' program hosted by Güzem Yılmaz Ertem and aired on the 'finansZone' YouTube channel, stated that minor declines in gold prices could always occur, but he believes the rise will continue until 2028. Akyıl drew attention with his statement, 'The price of gold is saying 'things are going to get messy, get ready.''

A plumber undergoing a renovation in Vienna encountered the biggest surprise of his life when he struck a wall with his pickaxe. Inside the can that came out of the wall, a colossal treasure of gold coins from the World War II era, estimated to be worth 2 million Euros (30 kg), was found. This mind-boggling discovery turned an ordinary workday into an event that rivals Hollywood movies.

The recent increase in 'bank branch closures' on England's main commercial streets, known as 'High Street', continues to be supplemented with new ones. Santander, one of Europe's largest financial institutions, announced that it has officially closed 76 bank branches throughout 2025. Additionally, it was announced that the Surrey Quays branch in London, one of the bank's most popular branches, will also be permanently closed next month.

Tofaş CEO, Cengiz Elordu, answered the questions of journalist Emre Özpeynirci in a live broadcast he attended on CNBCe. In his statement, Elordu gave surprising information, announcing that the Fiat Egea Sedan, known as the best-selling car model and the most affordable car in Turkey, will no longer be produced. Tofaş CEO Cengiz Elordu stated in his announcement about the Fiat Egea Sedan that production will end at the latest in June 2026.

The price increases in the automotive market led to the bankruptcy of a famous brand. Neta Auto, a Chinese electric car manufacturer that was once rumored to buy Toyota, announced its bankruptcy. The main reason for the bankruptcy, which left more than 10,000 people unemployed, was indicated as the company's inability to produce regularly and sufficiently due to financial difficulties.

The Turkish furniture and decoration brand English Home has decided to withdraw from the Ukrainian market, where it has been operating for 10 years, due to 'market conditions and operational difficulties'. The company has closed its 35 stores and ended its operations in the country.

Bitcoin is on a record-breaking rally, climbing a staggering 128% and edging closer to the $100,000 mark! Since the U.S. elections on November 5, the cryptocurrency has been making headlines with its explosive growth. Market Analyst Tony Sycamore from IG Australia Pty shared insights into this remarkable surge. What’s fueling Bitcoin's meteoric rise in 2024, and how high can it go? Dive into the numbers and expert predictions!

As the UK government tightens visa rules to reduce immigration rates, companies like HSBC, Deloitte, and KPMG, which heavily recruit foreign graduates, are facing challenges.

Based on the Gross Domestic Product (GDP) data, which plays a crucial role in assessing the size of a country's economy, the International Monetary Fund (IMF) has identified the 'Top 10 Largest Economies in the World.' Dive into this insightful analysis to explore the economic powerhouses shaping the global landscape.

Economic history is a crucial aspect of human civilization, filled with fascinating tales and invaluable lessons from the economic experiences of various countries. Delve into captivating stories and glean insightful lessons from the annals of world economic history

In 2023, more than half of the world's 2,568 billionaires increased their fortunes with the rise in stock markets.  The ten highest-earning billionaires, as determined by Forbes, earned nearly $500 billion.

President Recep Tayyip Erdoğan pledged a brand-new constitution which would ensure his people's freedom and rights in a speech in Ankara that has been introduced as his dream for Turkey in the next 100 years and was widely interpreted as his electioneering policy platform for the upcoming presidential election set on June.

As everyone knows, the key to progress in the world is technology and using this technology in production. The products that are produced with high technology determines the countries' place in the world economy and the people of these countries live in prosperity. In this sense, countries investing in engineering and education about engineering is the main point of their welfare. The countries which understood this problem and are on the verge of solving it are the countries that invest most in engineering education. Let's take a look at countries that produce the most graduates of engineering.