Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
The crisis in Turkey’s Ponzi-style fund industry is heading for deadlock as the government refuses to disclose the 141 people and 73 companies that each made more than 100 million liras in unjust gains despite opposition demands for transparency.
The first bilateral visit by a Canadian prime minister yields deals on defense, energy and air transport as Ottawa seeks to reduce its reliance on the US and makes a sharp U-turn toward finding alternative partners.
In football, the transfer window closed Sept. 4. But in politics, it remains wide open as the AKP presses on with a campaign of seduction and coercion unprecedented in Turkish political history.
US authorities have designated a Turkish investment bank and three Istanbul-based logistics companies under targeted sanctions for allegedly facilitating illicit Iranian financial transfers and supporting Tehran's aviation network.
Two deadly maritime disasters off Northern Cyprus and in the Marmara Sea have raised questions over oversight failures within maritime transport, leaving at least 20 dead and 28 missing while triggering political backlash against officials.
The government plans to privatize state-operated highways and bridges under a 25-year transfer of operating rights model, while officials weigh whether to sell the assets as a single bundle or divide them into separate packages.
A live signing ceremony crowning Iraqi Prime Minister Ali Al Zaidi's visit to Ankara was disrupted when a Development Road agreement went unsigned, prompting President Recep Tayyip Erdoğan to intervene on camera and Al Zaidi to confront his own transport minister.
Foreign investors' confidence in Turkish equities is under mounting pressure as two of the world's leading index providers signaled Istanbul's stock market could face a downgrade. Morgan Stanley Capital International (MSCI) issued another warning regarding investment accessibility and shareholder transparency, announcing it may re-evaluate free-float structures on a company-by-company basis and reclassify certain shareholders as 'non-free float' to address distorted calculations driven by coordinated fund actions.
Turkey's language learning landscape is undergoing a sharp transformation, with German and Korean emerging as the two most sought-after languages in the country, Sözcü reported.
As the countdown to early or on-schedule elections picks up pace, transfers of lawmakers and mayors are happening at an astonishing pace. Among them, Istanbul MP Nimet Özdemir stands out. Özdemir won her parliamentary seat for the first time in 2023 — under the İYİ Party banner.
The upcoming NATO Summit in Ankara, scheduled for July 7-8 at the Beştepe Presidential Complex, arrives at a moment of growing tension within the alliance driven largely by the Trump administration’s transactional approach to collective defense.
In the latest episode of a legal battle between the central government and the opposition-led Istanbul municipality, a Turkish appeals court on June 4 temporarily blocked the transfer of the historic Basilica Cistern, a major tourist attraction of Istanbul, from the municipality to the Directorate General of Foundations.