MÜSİAD: EXPORTERS NEED DOLLAR AT MINIMUM 45 LIRA BY YEAR-END
Independent Industrialists' and Businessmen's Association (MÜSİAD) President Burhan Özdemir said exporters want the lira to weaken by more than 10% against the dollar.
Analysis
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Independent Industrialists' and Businessmen's Association (MÜSİAD) President Burhan Özdemir said exporters want the lira to weaken by more than 10% against the dollar.
In Turkey, a köprü (bridge) is never just a bridge. This week, the Bosphorus Bridge—officially renamed the “15 July Martyrs Bridge” after the 2016 coup attempt—became a stage for protest. A group of CHP deputies climbed onto the structure and unfurled a massive banner reading: “Free İmamoğlu” right before the CHP leader and his guests from the Socialist International would cross it. The message was direct: release Istanbul’s elected mayor, jailed on charges widely condemned as political. Only a few hours before that, the members of the Socialist International had raised a similar banner in their meeting.
As the dust settles from the economic shocks of the pandemic, the Ukraine war, and the breakdown of traditional supply chains, a new global order is taking shape—one where economic policy is no longer just about growth and trade but about power, resilience, and survival. Amid this transformation, Turkey stands at a crossroads: a country historically anchored to the West but increasingly drawn to non-Western alignments, and now forced to choose a direction in a fractured world.
Naci Bostancı is an academic—political scientist, sociologist, and communications scholar. He currently serves as the rector of Ankara Hacı Bayram Veli University. But that’s not the whole story. For many years, he was a member of parliament, holding senior roles within the ruling AKP. At one point, he even occupied the position of second-in-command after President Erdoğan within the party hierarchy. In the 2023 elections, he chose not to run again and returned to academia.
Former HDP Co-Chair Mithat Sancar described the government’s “Terror-Free Turkey” initiative as unique, “a process that differs from global conflict resolution practices. If successful, it will enter the world’s academic literature,” he said.
t has been seven months since MHP Chair Devlet Bahçeli extended a hand to DEM Party members, and two months since PKK leader Abdullah Öcalan called on his organization to lay down arms. The PKK, which announced it would comply with the call, made its first request for Öcalan to be allowed to communicate with the organization in order to hold a dissolution congress. However, no concrete progress has been made on this request, which requires government action. This has led some to ask if the process is stalling or whether there is a problem between the AKP and the MHP.
The cancellation of the Istanbul mayor’s diploma, followed by his arrest, came two days after President Recep Tayyip Erdoğan spoke on the phone with U.S. President Donald Trump. For many, this was not a coincidence. This telephone conversation was underreported, according to Steve Witcoff. “Good news is coming from Turkey,” added Trump’s special envoy on March 22, when thousands had taken to the streets to protest the blatant assault against Turkish democracy.
Every time Turkey takes a big step backward and away from democratic rule, those familiar with Turkish-EU relations tend to also blame the Merkel-Sarkozy duo, who reined back Turkey’s accession talks in the mid-2000s at a time when the AKP was undertaking sweeping reforms to reach universal standards. It was the most serious and bitter wake-up call for those who still had faith in European values, that no matter what Turkey would do, it would never be considered a member of the European family, despite its NATO and Council of Europe membership.
A university diploma is more than just a piece of paper. It’s a ticket to professional success and social prestige. But in Turkey in recent years, it has also become an object of national obsession, political ammunition, and judicial entanglement. Take, for instance, the latest storm swirling around Istanbul Mayor Ekrem İmamoğlu. In February 2025, he found himself under investigation for allegedly forging his university diploma—a charge that could have significant political consequences. The Istanbul Chief Public Prosecutor’s Office launched the probe following a report from the Council of Higher Education (YÖK) questioning the legitimacy of his academic credentials.
“The first political party leader to be arrested since the September 12, 1980, military coup era after Selahattin Demirtaş.” The arrest of Zafer Party Chair Ümit Özdağ was reported in the media with this headline. However, there is no other similarity that would warrant him being mentioned in the same sentence as Demirtaş. In fact, they belong to entirely different worlds and are entirely opposing figures. Özdağ has been in custody at Silivri Prison for a month since Jan. 21, 2025.
Kumar (Gambling, noun) derives from Arabic and is forbidden in Islam, as spelled out in Surah al-Maidah of the Quran, where gambling is condemned alongside wine and idolatry. The aim? To incite enmity, foster distraction, and veer Muslims away from prayer. Fast forward to modern-day, secular Turkey, where gambling has made headlines once more. This time, TV personality Mehmet Ali Erbil and pop singer Serdar Ortaç, notorious for their sketchy reputations, were busted for illegal betting. The outcome? House arrest—a promising move for Erbil, an alleged serial harasser.
Donald Trump won the presidential elections just as Turkey witnessed a new wave of elected mayors being replaced by trustees. A leader who threatens retribution against his political enemies will be ruling one of the world’s supposedly most democratic countries.