INFLATION SURGES AS TARGETS SLIP OUT OF REACH
The government program against soaring prices faced a significant setback when new data revealed that inflation is already on the verge of exceeding year-end targets in the first four months of 2026.
Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
The government program against soaring prices faced a significant setback when new data revealed that inflation is already on the verge of exceeding year-end targets in the first four months of 2026.
Fenerbahçe, Galatasaray, Beşiktaş. The three clubs that come to mind when one speaks of football in Turkey. They are also known as the “Big Three.” In fact, all three are Istanbul clubs. But they have histories stretching back nearly 120 years. They are the teams with the most league titles.
The European Union will begin implementing a ban on the destruction of unsold clothing as of July 19, 2026, and the Turkish textile sector, due to its geographic proximity and flexible production capabilities, expects the ban could be beneficial.
Esra Işık, an activist from the village of İkizköy in Muğla’s Milas district who has spent years fighting to save her community's olive groves and farmland from coal mining expansion, was brought to her first court hearing on April 27 in handcuffs, escorted by gendarmerie officers from Şakran Prison in İzmir — more than 100 miles from her hometown where her case is being tried.
President Recep Tayyip Erdoğan received MHP Chair Devlet Bahçeli at the presidential complex in Ankara on April 30 for a closed-door meeting lasting approximately one hour. It was only the second face-to-face encounter between the two coalition partners this year — their previous meeting took place on Jan. 21— and the first in over three months.
After Atatürk’s death, İsmet İnönü was elected Turkey’s second president and the second person to lead the CHP. He ran the party for 34 years, from 1938 to 1972. When CHP members elected Bülent Ecevit as chair at the 1972 congress, İnönü left the party, most likely with deep resentment. When he died in 1973 at the age of 89, he was not even a member of the CHP.
After Israeli forces intercepted the Global Sumud Flotilla in international waters near Crete, detaining at least 20 Turkish nationals among approximately 175 activists on board, Foreign Minister Hakan Fidan moved quickly on the diplomatic front, holding back-to-back calls with his Spanish and Greek counterparts.
Drone factories will be established in all 81 provinces with the revenue generated from SAHA 2026.
The central bank kept its benchmark policy rate unchanged at 37% on April 22, meeting the expectations of most analysts. The decision comes following intensified criticism of both the bank and Finance Minister Mehmet Şimşek, 59, from the business world and media outlets close to the government.
Two Turkish courts have handed down prison sentences to four journalists who were facing the same accusation of 'spreading information misleading to the public,' under Article 217/A of the penal code.
Turkey will assume command of NATO's Allied Reaction Force starting in 2028, and the TAF plans to increase the number of its commando brigades from 25 to 40 within the next three years.
Turkey launched offshore oil and gas exploration off the eastern coast of Africa, deploying a 7th-generation ultra-deepwater drillship. Simultaneously, Turkish F-16 fighter jets, T-129 attack helicopters, and AS-532 Cougar utility helicopters, and the aircraft performed ceremonial flyovers across Mogadishu.