AS TIME GOES BY … IN DAVOS
The Casablanca line everyone remembers wrong is: “Play it again, Sam.” The film doesn’t actually include that. What Ilsa Lund says in the movie is quieter and more revealing: “Play it, Sam… Play ‘As Time Goes By.’”
Analysis
In-Depth Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
SYRIA SHIFT PUTS TURKEY’S PEACE PROCESS UNDER PRESSURE
Turkey joined Damascus, welcoming the victory of Syrian government forces and the defeat of the Syrian Democratic Forces (SDF), which further strained the ongoing peace process. Tensions in the political arena rose after a Turkish flag was brought down during the DEM Party’s group meeting in the border town of Nusaybin, neighboring Qamishli. The name of the person who brought down the Turkish flag was not shared by the government, but an investigation was launched, while the DEM Party described the incident as a provocation, recalling similar instances from the past.
‘MADE IN EUROPE’ PROPOSAL: BAD NEWS AND GOOD NEWS FOR TURKEY
The EU’s draft “Made in Europe” proposal to support European producers of green technology excludes Turkey from “Europe” but allows the European Commission to determine which non-EU countries can be included in the scheme on a sectoral basis. The Turkish business community is alarmed at the new rules aimed at strengthening European manufacturing against rising competition from China and the U.S., Turkey in Depth learned. Fearing this would create a new hurdle in Turkey’s trade with the EU, business leaders have been lobbying in Brussels, urging officials to consider Turkey as part of Europe. Turkey in Depth has learned that President Recep Tayyip Erdoğan sent a letter to President of the European Commission Ursula von der Leyen regarding the decision.
WHY TURKEY IS STUCK IN THE MIDDLE-INCOME TRAP
At the turn of the year, a familiar ritual repeats itself in Turkey. Gyms raise their membership fees. Tradespeople adjust their prices. Real estate agents pocket higher commissions by systematically pushing up sale prices. Hardly anyone objects. Hardly anyone asks what added value is being offered. Price hikes are taken for granted — not because products have improved, but because inflation exists.
LIBYAN COMMANDERS’ PLANE CRASHED WHILE ENGINES WERE RUNNING
The engines of the plane carrying Libya’s top military officials, including Chief of General Staff General Muhammad Ali Al-Haddad, were still running when it crashed near Ankara on Dec. 23, 2025, killing all on board, according to findings of a preliminary investigation.
PRO-GOVERNMENT JOURNALISTS WARN OF DIGITAL THREAT
After opposition media outlets closed one after another amid economic hardship, driven by changing policies of digital platforms — especially Google — prominent figures in pro-government media began voicing similar concerns.
COURT TO RULE ON İMAMOĞLU’S DIPLOMA CASE WITHIN 15 DAYS
An administrative court is expected to issue a ruling within 15 days in the case filed by jailed Istanbul Mayor Ekrem İmamoğlu challenging Istanbul University’s revocation of his university diploma — a decision that will determine his eligibility to run as a presidential candidate.
SHADOW OF SYRIA OVER TURKEY’S PEACE PROCESS
Following the PKK’s decision to lay down arms, the newly launched “peace process” has become tangled up in tensions over Syria. The military operation by the Damascus regime that pushed the SDF/YPG out of two Kurdish neighborhoods in Aleppo has strained relations between the AKP–MHP alliance and the DEM Party, ending a cautious rapprochement as part of the process. It has also disrupted a positive atmosphere that had lasted for nearly a year, raising fresh doubts about the prospects of success.
U.S. SEIZURE OF MADURO RAISES “INTERNAL FRONT” CONTROVERSY IN TURKEY
The abduction of Venezuelan President Nicolás Maduro by the United States has reignited a fierce debate in Turkey over the concept of the “internal front,” a term increasingly used by the government to call for national unity amid shifting global dynamics. The notion of “fortifying the internal front” — defined by the government as acting in unison on national issues — gained prominence alongside changes in the international order. It was President Recep Tayyip Erdoğan who first introduced the phrase in August 2024, and has repeatedly emphasized it over the past year as a shield against foreign policy challenges and a necessity for “national survival.”
THE WORLD ORDER IS BEING DISMANTLED—NOT REFORMED: TURKEY MUST READ THE MOMENT CLEARLY
The post–Second World War international order is no longer being reformed. It is being deliberately and systematically dismantled. The assumption that today’s turbulence represents a temporary deviation from a rules-based system misses a more uncomfortable reality: the system itself is being hollowed out by its original architects.
ALEPPO SEES DANGEROUS MILITARY ESCALATION AMID STALLED DAMASCUS-SDF TALKS
A dangerous escalation has erupted between Damascus forces and the Syrian Democratic Forces (SDF) in two strategically important neighborhoods of Syria’s northern city of Aleppo. As clashes intensified, evacuation notices, issued Dec. 8. by Syria’s central government in the two key districts, have raised the possibility of a military operation. Simultaneously, the Defense Ministry said that Turkey would support an expected Syrian army operation in Aleppo “if requested.”
NEW REGULATION ON GOLD SALES
All gold will be sold with a tax label under the Precious Metal Tracking System (KMTS) to be launched in April by the Mint, which is affiliated with the Treasury and Finance Ministry.