GOVERNMENT CONSIDERS 10% TAX ON CORPORATE MONEY MARKET FUNDS
The Finance Ministry has finalized preliminary work to redirect short-term capital inflows toward long-term, productive investments, according to a report by Bloomberg HT.
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EXPORTERS TARGET $10 BILLION TRADE VOLUME WITH SYRIA
Turkish business leaders aim to grow trade with Syria to $10 billion a year and take part in the country's reconstruction after years of conflict.
UKRAINE-RUSSIA WAR COULD COST TURKEY $20 BILLION IN THREE MONTHS
Maritime trade in the Black Sea has come to a near halt due to Russian and Ukrainian strikes, creating a major economic threat for Turkey, according to a shipping executive.
CENTRAL BANK RESUMES REPO AUCTIONS, DE FACTO RATE CUT
The central bank has resumed one-week repo auctions after a nearly six-month pause, an operational shift that effectively lowers market funding costs and paves the way for official policy rate cuts.
POLITICAL DICTIONARY OF LAW
On Aug. 10, Turkey’s parliament passed what many will call an amnesty for PKK members, on the strict condition that no one call it that. The word appears nowhere in the law, which is titled, in Turkish, the Law on Strengthening National Solidarity and Social Integration.
OSMAN KAVALA’S UNENDING TORMENT
Osman Kavala will turn 70 next year. He has been in prison for nine years. During those nine years, the European Court of Human Rights (ECHR) has ruled three times that his detention and conviction violated his rights and called for his “immediate release.” Most recently, just three days ago, the ECHR once again called on Turkey to “release him.”
NINE TO FIVE
Israel strikes near the Turkish border, a message thinly veiled, Barrack says Netanyahu wanted Ankara provoked, not just derailed.
ANKARA HEADED TO A LOBBYING FIRM CLOSE TO TRUMP
The Defense Ministry has signed a contract with a lobbying firm headed by Brian Ballard, one of Trump’s leading fundraisers in Florida.
FRAMEWORK LAW PASSES, ATTENTION SHIFTS TO NEW CONSTITUTION
Following the framework law's acceptance by a high vote of 467 in parliament — legislation expected to end a half-century-long conflict in relation to the Kurdish issue— now eyes are on the next steps the government will take.
CHP DEPUTY FACES SEXUAL HARASSMENT ACCUSATION
A sexual harassment investigation has been launched against CHP deputy Ahmet Baran Yazgan.
TURKUVAZ GROUP BLASTS WATCHDOG AFTER FINE
After the Radio and Television Supreme Council (RTÜK) imposed an 8 million lira administrative fine on ATV, outlets belonging to pro-government Turkuvaz Media published articles targeting the watchdog.
OVERSEAS CONSTRUCTION PROJECTS DROP SHARPLY
The contracts of construction firms abroad fell by more than half in the first six months of 2026.