
AI-generated summary
The Ministry of Commerce inspects the safety of products intended for children within the scope of market surveillance and inspections.
In the statement made by the Ministry of Commerce, "Within the scope of market surveillance and inspections carried out by our Ministry of Commerce, it was determined that a high chair produced for children did not meet the relevant safety standards. During the inspections, it was determined that the distance between the safety bar and the leg opening was below the values specified in the standards and this increased the risk of injury to children by falling from the chair. A decision was taken to ban the product from the market and to recall it. We are determined to continue our inspections against products that threaten the health and safety of our children."

Minister of Treasury and Finance Mehmet Şimşek announced that the technical study on the pension regulation announced by President Erdoğan has not been completed yet, that the regulation will cover all retirees and that the final study will most likely be made in December and presented after the budget.
Fitch Ratings reported that artificial intelligence data center projects in states such as Texas, Georgia and Ohio in the USA face increasing construction and cost risks due to new regulations and electricity supply problems.
According to the World Bank's 2026 International Debt Report, the foreign debt of developing countries increased by 5.5 percent in 2025, reaching 9.4 trillion dollars. Debt service payments rose to $1.4 trillion, and IDA-eligible countries paid 8.2 percent interest on private loans.

The Bank of England increased the policy rate by 25 basis points to 4 percent, in line with market expectations. The decision was taken by 8 votes to 1. President Andrew Bailey stated that it is unlikely that there will be a last interest rate increase unless the war in the Middle East ends.

Sony announced its results for the quarter ending September 30, 2026. PS5 sales are down 35% year on year, with 2.6 million shipped. However, Game & Network Services revenue increased 8.6% and operating profit rose 83% to 220.1 billion yen. Part of the higher profit was due to one-time expenses last year. Sony also raised its annual sales and profit targets.
The number of people applying for unemployment benefits for the first time in the USA decreased to 189 thousand in the week ending October 31, below the market expectation of 197 thousand.