BIST 100 Index Rises 1.24% at Friday Close
Türkiye’s benchmark BIST 100 index closed Friday at 10,971.52 points, up 1.24% from the previous session....
 
                A new trade deal between the U.S. and EU has triggered backlash in Germany, with officials warning it threatens free trade and endangers tens of thousands of jobs.
The recently announced trade deal between the United States and the European Union has ignited strong criticism in Germany, particularly from political and business leaders.
The agreement, unveiled by U.S. President Donald Trump and European Commission President Ursula von der Leyen, imposes a 15% tariff on most EU exports like cars and semiconductors, while keeping 50% tariffs on metals such as steel and aluminum.
Critics argue the deal severely undermines Germany’s export-driven economy, especially its automotive sector.
Bavarian Minister Hubert Aiwanger criticized the tariffs as harmful to global trade.
"Tariffs will only distort the market. I hope that the United States would lower tariffs until they reach zero, so as to truly achieve free circulation of goods on a global scale," he added.
Automotive journalist Frank Volk warned that the uncertain business climate and potential relocation of production facilities could result in the loss of tens of thousands of German jobs.
While the White House described the deal as a modernization of transatlantic trade, European leaders voiced their discontent.
French Prime Minister Francois Bayrou criticized the EU’s concession as a 'submission,' and German Chancellor Friedrich Merz expressed concern that the agreement would heavily burden Germany’s economy, which relies heavily on exports.
Reliable sources have confirmed to AnewZ that the United States has asked Azerbaijan to join a Stabilisation Force in Gaza, as part of a proposed international mission to secure the territory.
Tanzanian police fired tear gas and live rounds on Thursday to disperse protesters in Dar es Salaam and other cities, a day after a disputed election marked by violence and claims of political repression, witnesses said.
Reports from CNN say the Pentagon has approved the provision of long range Tomahawk missiles to Ukraine after assessing its impact on U.S. stockpiles, while leaving the ultimate decision to President Trump.
U.S. President Donald Trump agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, Trump said.
Ukrainian President Volodymyr Zelenskyy said on Wednesday that the most difficult situation on the front line remains the eastern city of Pokrovsk, where fighting continues to be most intense due to a strong concentration of Russian forces.
Ukrainian President Volodymyr Zelenskyy on Friday dismissed reports that Russian forces had encircled Pokrovsk in the eastern Donetsk region, insisting that Ukrainian troops remain in control of the situation.
The Trump administration has announced its support for repealing the Caesar Act sanctions on Syria and called on U.S. lawmakers to include the move in the National Defense Authorization Act (NDAA) currently being debated in Congress.
U.S. President Donald Trump said on Friday he would lift all fentanyl-related tariffs on Chinese goods if Beijing takes concrete steps to restrict exports of the drug and the precursor chemicals used to produce it.
U.S. President Donald Trump on Friday denied media reports suggesting that strikes on military installations in Venezuela could be imminent. Speaking aboard Air Force One, Trump told reporters: “No, it’s not true.”
At least two civilians were killed and 17 others injured after Russian forces shelled several settlements in Ukraine’s southern Kherson region, the regional prosecutor’s office said on Friday.
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