Analysis

In-Depth Analysis

Smart, independent reporting on Turkey's politics, economy and foreign affairs.

ALIYEV DOUBLES DOWN AS ANKARA REMAINS OVERLY CONCILIATORY
Deciphering Turkish Diplomacy Oct 30, 2026

ALIYEV DOUBLES DOWN AS ANKARA REMAINS OVERLY CONCILIATORY

Azerbaijan’s President Ilham Aliyev, declined President Recep Tayyip Erdoğan’s invitation to attend the summit of the Organization of Turkic States, scheduled for the day after Turkey’s Republic Day, marking one of the biggest crises in the two countries' close relationship. Despite Ankara’s visible steps to defuse the recent tension, his refusal to come on a date carrying symbolic importance for Turkey attests to the changing dynamics in the relationship since the military victory over Nagorno-Karabakh in 2020.

Barçın Yinanç 5 min
FUND CRISIS ERASES BILLIONS FROM BORSA ISTANBUL
Economy and Finance Oct 22, 2026

FUND CRISIS ERASES BILLIONS FROM BORSA ISTANBUL

More than a month after the fund collapse occurred, the shockwaves continue to rock the stock market. The crisis wiped out trillions of liras in corporate market capitalization and drove key valuation metrics to multi-year lows in Borsa Istanbul.

Editorial Staff 3 min
BARS BUILT FOR THE GOVERNMENT, LOST BY THE GOVERNMENT
Inside Turkey Oct 15, 2026

BARS BUILT FOR THE GOVERNMENT, LOST BY THE GOVERNMENT

At Ankara Bar Association No. 2, President Gökhan Ağdemir withdrew his candidacy for reelection after boasting that his bar had helped 70 of its members become judges and prosecutors. At Istanbul Bar Association No. 2, the candidate backed by AKP and MHP groups lost the presidency by six votes.

Editorial Staff 2 min
FUND SCANDAL PAYOUTS BEGIN AS MSCI FREEZE DEEPENS MARKET TURMOIL
Economy and Finance Oct 15, 2026

FUND SCANDAL PAYOUTS BEGIN AS MSCI FREEZE DEEPENS MARKET TURMOIL

For nearly half a million retail investors caught in Turkey’s worst financial storm in years, compensation has finally begun to flow. But the first cash distributions came as the fallout spread beyond Turkey’s borders: global index provider MSCI froze index changes for Turkish equities on Oct. 15 and warned of a possible downgrade, while prosecutors broadened their probes and lawmakers scrambled to pass emergency legislation.

Tugrul Çam 6 min
ROUND UP THE USUAL PARTNERS
The Third Desk Oct 15, 2026

ROUND UP THE USUAL PARTNERS

“Casablanca” ends on a fogbound airfield. The plane to Lisbon has gone, and the idealists with it. What remains is a cynic and a prefect of police, each of whom has just discovered how useful the other might be. “Louis,” says Rick, “I think this is the beginning of a beautiful friendship.”

Can Öztaş 4 min