Turkey's Minimum Wage Hike Falls Short of Inflation
Turkey's 2025 minimum wage increased by 30.01% to 22,104 lira, falling short of the 45% increase needed to match 2024's 60% inflation and TÜRK-İŞ's calculated poverty line of 66,976 lira for a family of four, impacting 7 million direct and 13.5 million indirect recipients.
Turkey's Minimum Wage Hike Falls Short of Inflation
Turkey's 2025 minimum wage increased by 30.01% to 22,104 lira, falling short of the 45% increase needed to match 2024's 60% inflation and TÜRK-İŞ's calculated poverty line of 66,976 lira for a family of four, impacting 7 million direct and 13.5 million indirect recipients.
Progress
56% Bias Score
Turkey's Economic Crisis: Inflation, Corruption, and Lack of Accountability
Turkey's Treasury and Finance Minister Mehmet Şimşek confirmed a severe inflation and cost of living crisis, highlighting the need for price stability by 2025. However, he avoided mentioning those responsible, while Transparency International's Corruption Perception Index ranks Turkey 115th out of 1...
Turkey's Economic Crisis: Inflation, Corruption, and Lack of Accountability
Turkey's Treasury and Finance Minister Mehmet Şimşek confirmed a severe inflation and cost of living crisis, highlighting the need for price stability by 2025. However, he avoided mentioning those responsible, while Transparency International's Corruption Perception Index ranks Turkey 115th out of 1...
Progress
68% Bias Score
Turkish Citizens Protest Insufficient Minimum Wage Increase
Turkish citizens in Kadirli, Osmaniye protested the 2025 minimum wage set at 22,104 TL, deeming it insufficient amidst rising living costs; several voiced discontent and called for early elections.
Turkish Citizens Protest Insufficient Minimum Wage Increase
Turkish citizens in Kadirli, Osmaniye protested the 2025 minimum wage set at 22,104 TL, deeming it insufficient amidst rising living costs; several voiced discontent and called for early elections.
Progress
56% Bias Score
German Parental Allowance Loses 38% Purchasing Power Since 2007
A study by the Institute of the German Economy (IW) reveals that Germany's parental allowance (Elterngeld) has lost 38 percent of its purchasing power since 2007 due to uncompensated inflation, impacting the middle class and exceeding a broken governmental promise to adjust the allowance.
German Parental Allowance Loses 38% Purchasing Power Since 2007
A study by the Institute of the German Economy (IW) reveals that Germany's parental allowance (Elterngeld) has lost 38 percent of its purchasing power since 2007 due to uncompensated inflation, impacting the middle class and exceeding a broken governmental promise to adjust the allowance.
Progress
56% Bias Score
US Solar Tariffs to Hike Prices, Disrupt Supply Chains
New US tariffs on solar cells from several Asian countries, including a doubled tariff on Chinese imports, are predicted to increase inflation, disrupt supply chains, and potentially slow down the US solar market's growth, despite incentives from the Inflation Reduction Act.
US Solar Tariffs to Hike Prices, Disrupt Supply Chains
New US tariffs on solar cells from several Asian countries, including a doubled tariff on Chinese imports, are predicted to increase inflation, disrupt supply chains, and potentially slow down the US solar market's growth, despite incentives from the Inflation Reduction Act.
Progress
44% Bias Score
Turbulent 2024: Navalny's Death, Terrorism, and Russia's Economic Woes
The year 2024 witnessed significant events in Russia, including the death of opposition leader Alexei Navalny, a deadly ISIS-K-claimed attack on Crocus City Hall, attacks in Dagestan, a major prisoner exchange, a Ukrainian incursion into the Kursk region, and rising inflation.
Turbulent 2024: Navalny's Death, Terrorism, and Russia's Economic Woes
The year 2024 witnessed significant events in Russia, including the death of opposition leader Alexei Navalny, a deadly ISIS-K-claimed attack on Crocus City Hall, attacks in Dagestan, a major prisoner exchange, a Ukrainian incursion into the Kursk region, and rising inflation.
Progress
24% Bias Score
Turkey's Minimum Wage Hiked to 22,104 TL Amidst Economic Uncertainty
Turkey's minimum wage rose to 22,104 TL for 2025 after a swift, unanticipated commission meeting excluding labor representatives; the increase, based on TÜIK data, lags behind the actual cost of living, fueling worker discontent and economic uncertainty.
Turkey's Minimum Wage Hiked to 22,104 TL Amidst Economic Uncertainty
Turkey's minimum wage rose to 22,104 TL for 2025 after a swift, unanticipated commission meeting excluding labor representatives; the increase, based on TÜIK data, lags behind the actual cost of living, fueling worker discontent and economic uncertainty.
Progress
52% Bias Score
Turkey Sets 2025 Minimum Wage at 22,104 Lira; Pension and Salary Increases Limited
Turkey's minimum wage for 2025 is set at 22,104 lira, with planned pension increases at 17% and civil servant salary increases at 12%, based on six-month inflation; additional welfare payments are not planned.
Turkey Sets 2025 Minimum Wage at 22,104 Lira; Pension and Salary Increases Limited
Turkey's minimum wage for 2025 is set at 22,104 lira, with planned pension increases at 17% and civil servant salary increases at 12%, based on six-month inflation; additional welfare payments are not planned.
Progress
40% Bias Score
Turkish Retirees Express Hardship Amid High Inflation
Retired citizens in Bursa, Turkey, express discontent over insufficient pensions amid high inflation, revealing a grim outlook for 2025 and highlighting the economic hardship faced by many elderly people.
Turkish Retirees Express Hardship Amid High Inflation
Retired citizens in Bursa, Turkey, express discontent over insufficient pensions amid high inflation, revealing a grim outlook for 2025 and highlighting the economic hardship faced by many elderly people.
Progress
52% Bias Score
Real Interest Rates and Investment Performance: Beyond Nominal Returns
This article analyzes investment performance measurement, emphasizing the importance of real interest rates (nominal interest rate minus inflation) to determine true investment success and comparing investment returns to market indices and inflation; it also explains the recent decoupling of gold pr...
Real Interest Rates and Investment Performance: Beyond Nominal Returns
This article analyzes investment performance measurement, emphasizing the importance of real interest rates (nominal interest rate minus inflation) to determine true investment success and comparing investment returns to market indices and inflation; it also explains the recent decoupling of gold pr...
Progress
36% Bias Score
Bitcoin Price Plunges Amidst Monetary Policy Concerns
Bitcoin's price has dropped to approximately $90,000 from over $100,000 due to the Federal Reserve's monetary policy and a predicted $4.1 trillion decrease in the global money supply, potentially causing a further fall to $20,000 according to analysts.
Bitcoin Price Plunges Amidst Monetary Policy Concerns
Bitcoin's price has dropped to approximately $90,000 from over $100,000 due to the Federal Reserve's monetary policy and a predicted $4.1 trillion decrease in the global money supply, potentially causing a further fall to $20,000 according to analysts.
Progress
68% Bias Score
Turkey Raises Minimum Wage by 30% to 22,104 TRY
Turkey's minimum wage will be 22,104 TRY net per month starting January 1, 2025, a 30% increase, with government employer support rising to 1000 TRY; TÜRK-İŞ criticized this as insufficient.
Turkey Raises Minimum Wage by 30% to 22,104 TRY
Turkey's minimum wage will be 22,104 TRY net per month starting January 1, 2025, a 30% increase, with government employer support rising to 1000 TRY; TÜRK-İŞ criticized this as insufficient.
Progress
36% Bias Score