Connect with us

Daily Agenda

Cevdet Yılmaz: “Türkiye is an island of stability in its region”

Published

on



Cevdet Yılmaz: Türkiye is an island of stability in its region

Yılmaz stated that the global economy has faced successive shocks, especially in the last six years, and pointed out that serious breaks occurred in the low-cost global supply chain during the pandemic process. Pointing out that the subsequent geopolitical tensions, especially the Russia-Ukraine War, brought energy and food security to the fore, Yılmaz said, “The wave of inflation experienced on a global scale upon these developments forced monetary policies to tighten, thus creating an extremely sensitive balance between inflation and growth.” made his assessment.
Yılmaz noted that global growth is still resilient in parallel with these developments, and an average growth of around 3 percent has been observed over the last three years. Vice President Yılmaz emphasized that this rate was 3.7 percent in the 2000-2019 period and underlined that the 3 percent growth in question was below the historical average. Yılmaz stated that the average annual growth rate of global trade in goods and services was 4.8 percent in the 2000-2019 period, and reminded that the growth rate decreased to 3 percent in the 2020-2025 period.




Cevdet Yılmaz: Türkiye is an island of stability in its region

“RISING PRICES AFFECT OUR COUNTRY, WHICH IS AN ENERGY IMPORTER”

Stating that the tensions in the region have added new risks to this fragile structure, Yılmaz said, “The war in the Middle East makes its impact felt in a wide range of areas, from energy prices to transportation costs, from financial markets to monetary policy expectations. Disruptions in the Strait of Hormuz have negatively affected the oil and LNG supply, thus increasing energy prices, and increasing security risks have increased insurance premiums and freight costs.” he said. Yılmaz emphasized that 20 percent of oil and 25 percent of liquefied gas (LNG) are shipped to the world through the Strait of Hormuz, and stated that the Bosphorus plays a significant role in some inputs such as fertilizer. Stating that Türkiye was also affected by this process, Yılmaz said: “Rising prices especially affect our country, which is an energy importer. However, I would like to underline that Turkey did not experience a supply problem in this process. Energy is not the most expensive energy. Of course, we are experiencing the price effect, but with some projects and steps we have taken in the last 23 years, Turkey has diversified its supply system a lot. It has increased its storage capacity and developed its domestic production. Therefore, we have not experienced a supply problem in these processes.” Yılmaz stated that while the rise in natural gas prices poses an upward risk for food prices through fertilizer costs, these developments disrupt global inflation expectations and put additional pressure on prices.






Cevdet Yılmaz: Türkiye is an island of stability in its region

Explaining that the increase in geopolitical risk perception increases risk premiums and borrowing costs and tightens financial conditions, Yılmaz said, “According to the IMF’s current estimates, the global growth expectation for 2026 is 3.1 percent. The inflation expectation is around 4.4. If the pessimistic scenario, which we call the most negative scenario, comes true, growth is expected to decrease to 2 percent this year and global inflation to rise to 5.8 percent.” he said. Stating that they see three basic transformation processes coming to the fore in the global economy with all this difficult global conjuncture, Yılmaz said: “The first is digitalization. Digitalization and artificial intelligence-focused technological transformation, the fight against climate change and green transformation, and increasing geopolitical blocs with the weakening of the multilateral trading system. Here too, we see artificial intelligence coming to the fore. Artificial intelligence is not a technology among technologies, but a horizontal technology. Therefore, it has an impact that affects and transforms all areas. From the governance structure in the public to education, health, industry.” It radically affects many areas, including transformation. Therefore, the relations between production factors are being redefined. The second area of transformation is the fight against climate change and sustainability standards, reshaping the production processes and rules of global trade. Thirdly, the weakening of the multilateral trade system, geopolitical blocism and increasing protectionist tendencies in strategic sectors have made the structure of global trade much more fragmented than before. In this process, the costs of restructuring have become critical. “As a result, we see that we prioritize resilience in the medium and long term. As a result, increasing the capacity to adapt to these simultaneous transformations becomes decisive for the competitiveness of countries and companies.”






Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Daily Agenda

Our heartland should be prosperous – Last Minute News

Published

on


Necmeddin Bilal Erdoğan, Chairman of the Board of Trustees of the Knowledge Dissemination Foundation, who visited Aleppo, Syria, and his accompanying delegation had intensive contacts. Governor Azzam Garib presented the model of Aleppo Castle to Bilal Erdoğan. Then, the delegation visited the historical Umayyad Mosque and received information about the restoration work. Bilal Erdoğan, who also attended the ‘Common Mind Meeting’ program organized by the Union of International Democrats (UID), said that Syria becoming a strong country and Türkiye’s brotherly neighbor country would be an achievement not only of Syria but also of the conscience of humanity.

WE FEEL AT OUR HOME
Emphasizing that they are working with the understanding of “what can be done for Syria”, Bilal Erdoğan said, “Our brotherhood with Syria is like no other. We truly feel at home here. Because we have a geography of heart that others will not understand, a fire burns in our hearts.” Stating that Türkiye is one of the countries that left its mark on the 21st Century, Bilal Erdoğan said: “If there is to be a transfer of civilizational watch while these great power rivalries continue in the world, where Türkiye stands will play a very important role in this transformation, this important transformation. Therefore, Turkey has to work not only to strengthen itself, but also to make all the members of our heartland geography, along with Turkey, all brother countries that are members of this alliance of human conscience, prosperous, stable, peaceful and strong.”



Source link

Continue Reading

Daily Agenda

BREAKING NEWS | New ‘tender’ operation at Istanbul Metropolitan Municipality: 12 suspects, for whom a detention order was issued, were caught!

Published

on


Breaking news… Police of the Financial Crimes Department, affiliated with the Istanbul Police Department; It was determined that there were irregularities in some works and transactions regarding six tenders carried out by the Istanbul Metropolitan Municipality (IMM) Road Maintenance and Infrastructure Coordination Department, European Side Road Maintenance and Repair Branch Directorate and the Information Technology Department Electronic Systems Directorate.

BREAKING NEWS | New 'tender' operation at Istanbul Metropolitan Municipality: 12 suspects, for whom a detention order was issued, were caught!

According to allegations; It was determined from the Expert Report that the tender officials and the companies that won some tenders for 2021 and 2023 were responsible for the irregularities in question.

In simultaneous operations carried out in Kırklareli and Trabzon, centered in Istanbul, 12 suspects were caught and detained and brought to the Istanbul Provincial Police Department.

During the operation, Head of Department Ayhan Taş, European Side Road Maintenance and Repair Branch Manager Murat Er, technician Erkan Kavlak, Erkan Koç who prepared the technical specification, Electronic Systems Manager Hakan Çakır, İbrahim Yaşaroğlu who prepared the technical specification, engineer Menderes Çakmak, Muhammet Sertaç Kazıcı who prepared the technical specification, Niyazi Baştürk, Zeynep Düşmez, İsmail Kurtuluş and İhsan Sabri who prepared the technical specification. Kurtuluş was taken into custody. It was learned that Levent Ilgın was abroad.



Source link

Continue Reading

Daily Agenda

BREAKING NEWS: Second wave operation in Üsküdar Municipality: 7 detained

Published

on


Istanbul police Financial Crimes Department teams started working within the scope of the investigation into the crime of extortion under the coordination of the Anatolian Chief Public Prosecutor’s Office.

During the investigations, it was determined that financial benefits were requested from contractors and business followers in some constructions within the area of ​​responsibility of Üsküdar Municipality, citing violations of the project as a justification for occupation license applications. It was determined that the demands were shaped as a result of the evaluations in which senior managers participated, and the occupancy procedures of the illegal buildings were approved.

Within the scope of the investigation, it was reported that, in line with the orders and instructions of Kent Hizmetleri A.Ş. General Manager Nazım Akkoyunlu and Üsküdar Deputy Mayor Filiz Deveci, the contractors were forced to sign a contract with Kent A.Ş. under the name of “consultancy service” during the process of issuing building permits in the municipality. Action was taken upon evidence that the suspects committed the crime of “extortion” by acting as participants in the process of obtaining unfair profits through this method.

In this context, simultaneous operations were carried out at a total of 14 addresses, 13 in Istanbul and one in Muğla. While 7 suspects were caught and detained during the operations, a large number of digital materials were also seized.


News Entry
Musa Talha Demirel – Editor



Source link

Continue Reading

Daily Agenda

Bilal Erdoğan: “Türkiye is one of the central countries of the world”

Published

on


Bilal Erdoğan, in his speech at the “Common Mind Meeting” program organized by the Union of International Democrats (UID) in Aleppo, said that Syria becoming a strong country and Türkiye’s brotherly neighbor country would be an achievement not only of Syria but also of the conscience of humanity. Stating that they have been working with the understanding of “What can we do for Syria” since December 8, 2025, and that this visit will enable Türkiye’s hand of friendship to reach Aleppo faster and do better things, Erdoğan said:

Bilal Erdoğan: Türkiye is one of the central countries of the world

“Our brotherhood with Syria is unlike anything else. We are not talking about brotherhood in words, protocol or diplomacy. We truly feel at home here. We feel like we are in a town as close as if we left Istanbul to Bursa. We feel the same feeling when we leave Istanbul and go to Skopje. We feel it when we leave Istanbul and go to Sarajevo. We leave Istanbul to Konya, from Istanbul to Samarkand, Bukhara, We feel it when we go to Baku. Because we have a geography of hearts that others cannot understand. That’s why we want to know whether a world war will break out today. Where else will genocide continue? We believe that in this dark world, where the ongoing wars, the ongoing persecutions, the ongoing genocides will end, it is still possible, and that humanity will prevail with God’s grace.” Stating that the International Democratic Union is a union of people who keep the torch of hearts and the light of conversation bright, Erdoğan stated that Türkiye is one of the central countries of the world.

Bilal Erdoğan: Türkiye is one of the central countries of the world

Emphasizing that Türkiye is one of the countries that left their mark on the 21st century, Erdogan continued as follows: “If there is to be a transfer of civilizational watch while these great power rivalries continue in the world, where Türkiye stands will play a very important role in this transformation, this important transformation. Therefore, Turkey has to work not only to strengthen itself, but also to ensure that all the members of our heartland, along with Turkey, of all brother countries that are members of this alliance of human conscience, are prosperous, stable, peaceful and strong. For this reason, the International Democratic Union is only about the Turks in the world.” It is not an organization of the diaspora. It is also the only non-governmental organization in the world that will stand by our entire heartland, encourage them, organize, support and encourage them to get better education, to be more effective in business and to rise to higher positions in the politics of the countries they live in. Therefore, the International Democratic Union has a very big mission. This mission does not only concern Türkiye. “It concerns.”



Source link

Continue Reading

Daily Agenda

President Erdoğan visited Alem.AI Artificial Intelligence Center and made inspections

Published

on


Erdoğan, who is in Kazakhstan to attend the Türkiye-Kazakhstan High Level Strategic Cooperation Council Meeting and the Unofficial Summit of the Organization of Turkic States, continues his contacts.

President Erdoğan visited Alem.AI Artificial Intelligence Center and made inspections

HE INSPECTED THE ARTIFICIAL INTELLIGENCE CENTER

President Erdoğan inspected the Alem.AI Artificial Intelligence Center after the Türkiye-Kazakhstan Business Forum.

Erdoğan received information about the center from Kazakhstan President Tokayev and other officials who accompanied him, and watched the video about Türkiye projected on the screens.

President Erdoğan visited Alem.AI Artificial Intelligence Center and made inspections

During his visit, President Erdoğan was accompanied by Minister of Foreign Affairs Hakan Fidan, Minister of Industry and Technology Mehmet Fatih Kacır, AK Party Deputy Chairman Ömer İleri, President of the Organization of Turkish States (TDT) Aksakals Council Binali Yıldırım, Presidential Communications Director Burhanettin Duran, Presidential Foreign Policy and Security Chief Advisor Akif Çağatay Kılıç and Presidential Private Secretary Hasan Doğan.


News Entry
Halil İbrahim Ğlkü – Editor



Source link

Continue Reading

Daily Agenda

Minister of Internal Affairs Çiftçi: We will continue to carry our country to a stronger future in every field

Published

on


Minister Çiftçi visited AK Party Erzurum Provincial Headquarters and met with Provincial Chairman İbrahim Küçükoğlu and members of the organization. Minister Çiftçi said that Erzurum has been one of the cities that has embraced the national will most strongly for centuries, with its heart climate kneaded with faith, the spirit of brotherhood and the love of the nation.

Stating that the AK Party, under the leadership of President Recep Tayyip Erdoğan, is not just a political movement, but a great cause movement born from the heart of the nation, Minister Çiftçi said: “Our Erzurum organizations have always demonstrated the strongest will in our fight shoulder to shoulder with our nation against tutelage focuses, dark calculations and circles that want to set up a game on Turkey. With God’s permission, the vision of the Turkish Century rising under the leadership of our President Recep Tayyip Erdoğan.” “In line with this, we will continue to carry our country to a stronger future in every field, without deviating from the policy of work and service.”

Minister Çiftçi said, “Each member of our organization, who works day and night, assumes a great responsibility for Türkiye to reach a stronger future. May God always preserve our unity, solidarity and belief in our cause.”


News Entry
Halil İbrahim Ğlkü – Editor



Source link

Continue Reading

Trending