ISTANBUL: The IMF forecasts that global headline inflation is expected to fall from an average of 6.7% in 2023 to 5.8% this year, according to its World Economic Outlook report released on Tuesday.

The global headline inflation estimate for 2025 is a…

ISTANBUL: Tech giants like Google, Microsoft, and Amazon are diverting their investments in energy due to the large energy consumption of artificial intelligence (AI).

The rapid advancements in generative AI is consuming significant amounts of energy…

ISTANBUL: The Central Bank of the Republic of Trkiye (CBRT) announced Thursday that it will maintain its policy interest rate at 50%, marking the seventh consecutive decision to keep the rate unchanged.

In its statement, the CBRT noted that while cor…