Editorial Team

Selling pressure intensified on Istanbul’s stock exchange today following a court ruling of "absolute nullity" regarding the main opposition CHP congress. The benchmark BIST 100 index plunged over 6%, triggering a market-wide circuit breaker. The banking index took an even heavier hit, dropping more than 8% to close at 13,163 points.

The government prepares Blue Homeland bill, the TAF conducted Efes-2026, the Education Ministry used the term the Sea of Islands.

One of the most concrete steps yet in the normalization process between Turkey and Armenia—launched in 2021—has been taken with a move toward direct trade between the two countries. Armenian Prime Minister Nikol Pashinyan is heading into a June 7 election widely seen as a vote of confidence on his parallel agendas of steering the country toward the West while pursuing peace with Azerbaijan and normalization with Turkey. Turkish Foreign Ministry spokesperson Öncü Keçeli announced on X on May 13 that bureaucratic preparations for the launch of direct trade between Turkey and Armenia had been completed as of May 11.

Three retired Turkish diplomats have publicly voiced their support for Armenian Prime Minister Nikol Pashinyan ahead of the country's parliamentary elections scheduled for early June, following a joint visit to Yerevan.

MHP Chair Devlet Bahçeli’s call to grant the PKK leader Abdullah Öcalan a title involving the word “peace” drew support from the DEM Party and sharp criticism from the right-wing opposition, as all eyes turned to President Recep Tayyip Erdoğan.

An upcoming presidential election for the Istanbul soccer club Fenerbahçe on June 6-7, has again highlighted the ties between football and politics. The leadership of Fenerbahçe is widely seen as a position of significant influence, not just a sporting role.

Energy Minister Alparslan Bayraktar said the government will soon announce an official National Critical Raw Materials strategy, with the Beylikova rare earth elements project to serve as its main pillar.

President Recep Tayyip Erdoğan has fueled hope for progress in the Kurdish process but his stance doesn’t amount to real movement, according to the DEM Party. Soon after dismissing claims of a deadlock in the "Terror-Free Turkey" process as "noise" at the April 23 reception, Erdoğan reiterated that the process is advancing as intended and urged all actors to act responsibly during a turbulent regional period.

“Today marks the 111th anniversary of the Armenian Genocide. As we honor the 1.5 million Armenians murdered by the Ottoman Empire across modern-day Turkey, Syria, and Armenia, we must refuse to let history repeat itself;” wrote Zohran Mamdani.

Fifteen more pre-trial defendants were released in the corruption case targeting the Istanbul Municipality, including Adem Soytekin, a businessperson who applied for leniency under Turkey's remorse law, as the war of words between President Recep Tayyip Erdoğan and main opposition CHP Chair Özgür Özel showed no signs of abating over the case.