China and Russia to hold Pacific naval exercise in August
China and Russia will stage a joint naval exercise near Vladivostok in August, followed by a Pacific maritime patrol, Beijing’s defence ministry has...
President of Türkiye Recep Tayyip Erdogan announced a 30-percent increase in the minimum wage for 2025, raising it to 22,104 lira (about 630 U.S. dollars).
President of Türkiye Recep Tayyip Erdogan announced a 30-percent increase in the minimum wage for 2025, raising it to 22,104 lira (about 630 U.S. dollars).
The announcement was made after the Minimum Wage Determination Commission's fourth meeting in Ankara.
Minister of Labor and Social Security Vedat Isikhan said he believes the increase will enhance workers' well-being and strengthen the country's economic stability. "By prioritizing fairness in working life, we can ensure the development of our country," Isikhan emphasized.
However, the Turkish Confederation of Trade Unions (TURK-IS) chose not to attend the meeting, citing a lack of prior notification regarding the wage proposal.
TURK-IS President Ergun Atalay previously outlined their demand for a net wage of 29,583 liras (about 845 dollars) with a 45-percent increase plus a 20-percent social share, and had reiterated that the union would not approve any decision below this figure.
For 2024, the minimum wage had been set at 17,002 lira, reflecting a 49-percent increase.
Meanwhile, Türkiye's annual inflation rate fell to 47.09 percent in November, its lowest level since June 2023.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
The World Bank has announced that Tajikistan's medium-term outlook remains favourable, with growth projected to moderate to 7% in 2025 and converge toward a growth rate of 4.5% in 2026 and 5% in 2027.
Adidas saw its shares drop 7.5% in early Wednesday trading after second-quarter sales came in below expectations and the company warned of an added €200 million ($231 million) cost burden from new U.S. tariffs in the second half of 2024.
Spotify projected third-quarter profit below market expectations on Tuesday, citing increased tax expenses linked to employee compensation, despite strong demand for its premium subscription services.
Microsoft is reportedly in advanced negotiations to revise its agreement with OpenAI, aiming to maintain access to the startup’s cutting-edge AI technology even if OpenAI achieves artificial general intelligence (AGI), according to Bloomberg News, which cited sources familiar with the matter.
Türkiye is pressing Iraq to include a clause in a new energy deal that guarantees full utilization of the Kirkuk-Ceyhan oil pipeline, which has remained idle since 2023 due to legal disputes.
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