Rescue mission races to save crew after Houthi attack on Greek ship in Red Sea
Maritime security teams from Greece’s Diaplous and Britain’s Ambrey began a high-risk operation on Wednesday to evacuate the 22-strong crew of the...
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.
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 deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against Russia nears approval.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
President Donald Trump’s postponement of a sweeping tariff deadline to 1 August has renewed hopes for trade deals with key partners, but left smaller exporters and businesses grappling with uncertainty.
Former UK Prime Minister Rishi Sunak is returning to Goldman Sachs as a senior adviser, the investment bank said on Tuesday.
Russia's budget deficit reached 3.69 trillion roubles ($46.89 billion), or 1.7% of gross domestic product (GDP), in the first half of the year, the same as expected for the full year, the finance ministry said.
Norway has listed two Russian fishing companies, Norebo JSC and Murman Seafood, in line with European Union sanctions adopted on 20th May. The Norwegian government stated that the decision supports the country’s broader security policy objectives.
US President Donald Trump has declared a 25% tariff on imports from Japan and South Korea starting August 1, urging both nations to shift production to the US and warning of further tariff hikes if retaliatory measures are taken.
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