Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Internal friction among top economy officials came to light after a senior central banker dismissed the impact of political cycles on monetary policy. The remarks by Deputy Governor Cevdet Akçay triggered a sharp rebuke from pro-government figures and suggestions of a rift between the central bank and the Presidency.
The war on Iran has once again revealed the confusing complexities of Turkey’s geostrategic positioning as a middle power between Europe, the Middle East, and Asia.
The deal to resolve the case over allegations that Halkbank helped Iran evade American sanctions was announced on March 9, at the height of U.S.-Israeli attacks against Iran.
In a historic development for Turkish-American relations, the long-standing legal battle over Iran sanctions involving the Turkish state lender Halkbank has been settled. The U.S. government said the result will curb support for Iran.
Turkey has withdrawn civilian administrative units from the Operation Olive Branch zone in northern Syria after seven years of activity, according to a statement by Şanlıurfa Governor Hasan Şıldak. The announcement prompted questions regarding the withdrawal of Turkish armed forces from the area.
Turkey has reintroduced the “sliding scale mechanism” to prevent dramatic pump hikes from feeding inflation after the Iranian War pushed global oil prices higher.
Turkish defense and software company HAVELSAN said its Flight Training Device Level 2 simulator for Boeing 737 Next Generation aircraft has received FNPT II MCC and FTD Level 2 certification, making it the first platform produced and certified at this level in Turkey.
On Feb. 23, four separate courts in Istanbul and Ankara heard cases involving the CHP congress, corruption claims by businessperson and confessor Aziz İhsan Aktaş, accusations about its provincial chair, and the trial of a party bus driver.
The secularism-versus-religion debate continues in full force, with the ruling alliance fueling tensions after a father who objected to the use of a religious hymn as a school bell at his child’s school in Kocaeli’s Derince district was detained.
Turkey and Armenia appear closer to normalization, with the launch of direct flights by Turkish Airlines and plans to open border gates. Armenian Prime Minister Nikol Pashinyan said he expects tangible progress “within a short period” on reopening long-closed land borders and increasing flights between Istanbul and Yerevan.
The main opposition, the CHP, has had a tough year of operations targeting its municipalities and lawsuits against its party congress. According to party officials, the appointment of Akın Gürlek — who oversaw the municipal investigations — as justice minister signals that the road to elections may become even more challenging.
The armed unmanned naval vehicle Sancar, jointly developed by Havelsan and Yonca Shipyard, was commissioned into the Navy at a ceremony attended by President Recep Tayyip Erdoğan on Feb. 24.