Analysis

In-Depth Analysis

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

NUMBER OF COMPANIES FILING FOR CONCORDAT RISES BY 72%
Economy and Finance Nov 7, 2025

NUMBER OF COMPANIES FILING FOR CONCORDAT RISES BY 72%

The financial crisis facing companies in Turkey is deepening as the amount of non-performing loans from banks exceeded 519 billion lira as of the week of Oct. 24. In the January-October period of 2025, the number of companies granted a temporary moratorium on debt repayment rose to 2,326, a 72% increase year on year.

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TRAINING FOR SYRIAN MILITARY STARTS
Security and Defense Oct 31, 2025

TRAINING FOR SYRIAN MILITARY STARTS

Training for Syrian military forces by the Turkish Army has begun in accordance with the Joint Training and Advisory MoU signed between the two countries on Aug. 13, the Defense Ministry announced.

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TURKEY, QATAR, KUWAIT DEEPEN COOPERATION DESPITE SILENCE ON GAZA
Foreign Affairs Oct 24, 2025

TURKEY, QATAR, KUWAIT DEEPEN COOPERATION DESPITE SILENCE ON GAZA

President Recep Tayyip Erdoğan concluded a three-day tour of the Gulf region on Oct. 23, with official visits to Kuwait, Qatar and Oman, amid ongoing international efforts to continue the cease-fire between Israel and Hamas in Gaza. While Gaza and Syria reportedly dominated the private discussions, official statements from the Turkish Presidency did not reference these issues.

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ONCE A TOP TAXPAYER, ARREST WARRANT ISSUED FOR CINER
Media, Internet and Culture Oct 3, 2025

ONCE A TOP TAXPAYER, ARREST WARRANT ISSUED FOR CINER

The money laundering investigation into Can Holding has now expanded to the Ciner Group. The probe, which includes charges of fraud, money laundering, smuggling, and forming a criminal organization, now focuses on the $350 million sale of media outlets — including Habertürk, Show TV, and Bloomberg HT — from the Ciner Group to Can Holding. According to Sabah daily, the funds were allegedly transported in suitcases and deposited in banks as cash. Turgay Ciner, once among Turkey’s top taxpayers and currently residing abroad, is now the subject of an arrest warrant.

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FINDING THE RIGHT BALANCE BETWEEN DETERRENCE AND PROVOCATION IN THE BLACK SEA
Deciphering Turkish Diplomacy Oct 3, 2025

FINDING THE RIGHT BALANCE BETWEEN DETERRENCE AND PROVOCATION IN THE BLACK SEA

When a European expert based in Bulgaria received an invitation to a conference in Tbilisi, he decided to take the maritime route, boarding the ferry from Burgaz to Batumi. At one stage of the 64-hour crossing, while sailing in the open sea, the ferry shut its transponder and turned off its lights. A Russian fuel tanker approached and docked with the ferry to provide fuel to the ship, which is mainly used by trucks. The expert later found out that Russia sold the fuel 30 to 40 percent less than the market price. The captain of the ferry confessed he had all the official documents proving that the fuel was purchased from Romania.

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COMMITTEE GETS CLOSER TO END LISTENING
Inside Turkey Oct 3, 2025

COMMITTEE GETS CLOSER TO END LISTENING

At the 13th meeting of the National Solidarity, Brotherhood, and Democracy Commission, lawyers were heard on Oct. 2 and Parliament Speaker Numan Kurtulmuş stated that the listening phase is about to end. Although not announced officially, women’s and children’s rights defenders as well as the intelligence service are expected to be heard in the coming days, before concluding the listening phase.

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U.S. SANCTIONS IMPACT AIRCRAFT PROJECTS
Security and Defense Oct 2, 2025

U.S. SANCTIONS IMPACT AIRCRAFT PROJECTS

The CAATSA sanctions imposed by the U.S. for the past six years have also negatively impacted Turkey's aircraft carrier projects.Originally designed to deploy F-35Bs, the first ship named TCG Anadolu was converted into an unmanned aerial vehicle carrier when aircraft could not be procured from the U.S.

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AYŞE BARIM FACES HOSPITALIZATION AND RE-ARREST
Media, Internet and Culture Oct 2, 2025

AYŞE BARIM FACES HOSPITALIZATION AND RE-ARREST

Talent manager Ayşe Barım, on trial for allegedly attempting to overthrow the government in connection with the 2013 Gezi Park protests, was briefly granted conditional release under judicial supervision—until an upper court overturned the ruling and issued a new arrest warrant just as she was about to undergo a medical procedure.

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