World Bank Cuts 2026 Global Growth Forecast to 2.5%

The World Bank has revised its global economic outlook for 2026, lowering its growth forecast to 2.5% as ongoing geopolitical tensions in the Middle East continue to weigh on the global economy. According to the Bank’s latest Global Economic Prospects report, stronger-than-expected growth of 2.9% was recorded in 2025. However, the outlook for 2026 has weakened due to rising energy prices, renewed inflationary […]
Türkiye’s Unemployment Rate Holds at 8.2% in May

Türkiye’s unemployment rate remained stable at 8.2% in May 2026, reflecting continued resilience in the country’s labor market despite ongoing economic challenges. The latest figures were released by the Turkish Statistical Institute (TÜİK). According to the official data, the number of unemployed individuals aged 15 and above reached 2.88 million, marking a modest increase of 9,000 people compared with the […]

