Analysis

In-Depth Analysis

Smart, independent reporting on Turkey's politics, economy and foreign affairs.

TANKERS ATTACKED IN BLACK SEA AFTER U.S. WARNING, DESPITE TURKEY’S CONCERNS
Foreign Affairs Dec 5, 2025

TANKERS ATTACKED IN BLACK SEA AFTER U.S. WARNING, DESPITE TURKEY’S CONCERNS

Ukrainian naval drones struck two ships alleged to be part of Russia’s “shadow fleet” in the Black Sea off the Turkish coast, increasing tension in the shared sea even as the combatants pursue renewed peace talks. The Sea Baby drones hit the oil tankers MT Kairos and MT Virat on Nov. 28. Russia has used hundreds of tankers known as the “shadow fleet” to evade Western sanctions imposed after its invasion of Ukraine, delivering millions of barrels of oil to buyers in breach of those restrictions.

Editorial Team
TURKEY’S 2026 BUDGET MISSES £5.4B EUROFIGHTER COST
Security and Defense Dec 2, 2025

TURKEY’S 2026 BUDGET MISSES £5.4B EUROFIGHTER COST

Under the agreement signed between Turkey and the U.K., the £5.4 billion payment to the Eurofighter consortium for 20 Typhoon fighter jets was not included in either the Defense Ministry’s budget or the Defense Industry Presidency's (SSB) budget. The Defense Industry Support Fund (SSDF) can be used as a source of funding for this project, but the cost of the Typhoons is approximately double the annual amount transferred to the fund from taxes collected by the state.

Editorial Team
FETİ YILDIZ AND MHP’S NEW TONE
Portrait of the Week Nov 28, 2025

FETİ YILDIZ AND MHP’S NEW TONE

Feti Yıldız is not a “latecomer” but a nationalist raised in the movement — a core MHP figure. With the Kurdish peace process, he became the party’s most visible face after Devlet Bahçeli. At 71, he carries the aura of a character who stepped out of the classic Yeşilçam cinema of the 1970s, and onto the political stage — as if he came from there, yet without acting. He simply is who he is. Of course, he is not the lead role; that belongs to Bahçeli. But even if Yıldız looks like a character actor, his strength lies in being exactly what he appears to be. He is not one of those shapeshifting politicians. He steers clear of the MHP’s trademark overblown patriotic rhetoric. He avoids slogans. He usually answers journalists’ questions by staying within the framework of his profession — the law.

Anonymous
INTERNAL CRITICS RAISE THEIR VOICES, BUT ÖZEL'S CONTROL HOLDS
Inside Turkey Nov 28, 2025

INTERNAL CRITICS RAISE THEIR VOICES, BUT ÖZEL'S CONTROL HOLDS

As the CHP prepares for its 39th Ordinary Congress, the party dissidents escalated their challenge to the leadership of Özgür Özel. Former CHP Chair Kemal Kılıçdaroğlu,76, lit the fire by calling on Özel to take disciplinary action against people named in the corruption indictment involving Istanbul Mayor Ekrem İmamoğlu.

Editorial Team
DEMİRTAŞ: “NO ONE SPEAKS FOR ME”
Inside Turkey Nov 21, 2025

DEMİRTAŞ: “NO ONE SPEAKS FOR ME”

Jailed former HDP co-chair Selahattin Demirtaş rejected remarks by former Parliament Speaker Bülent Arınç suggesting Demirtaş wished to meet President Recep Tayyip Erdoğan and tell him he held no resentment. After a visit to Edirne Prison, Arınç said Demirtaş wanted to tell Erdoğan, “I hold no grudge against you.” Demirtaş responded with a handwritten note, saying he never expressed such a thought. “What troubles me most is being associated with words and ideas I never hinted at,” he wrote.

Editorial Team
ANKARA LEADS IN CREDIT DEBT, KARAMAN TOPS IN UNPAID LOANS
Economy and Finance Nov 7, 2025

ANKARA LEADS IN CREDIT DEBT, KARAMAN TOPS IN UNPAID LOANS

Turkey’s Banking Regulation and Supervision Agency (BDDK) released new data covering the first nine months of 2025, revealing the country’s debt landscape by province. The capital, Ankara, recorded the highest total credit debt, while the central Anatolian province of Karaman had the largest share of citizens unable to repay their loans and facing collection proceedings.

Editorial Team
NUMBER OF COMPANIES FILING FOR CONCORDAT RISES BY 72%
Economy and Finance Nov 7, 2025

NUMBER OF COMPANIES FILING FOR CONCORDAT RISES BY 72%

The financial crisis facing companies in Turkey is deepening as the amount of non-performing loans from banks exceeded 519 billion lira as of the week of Oct. 24. In the January-October period of 2025, the number of companies granted a temporary moratorium on debt repayment rose to 2,326, a 72% increase year on year.

Editorial Team
DEFENSE HUB, AIRFIELD RENOVATIONS SHAPE ANKARA’S NATO PREP
Security and Defense Nov 7, 2025

DEFENSE HUB, AIRFIELD RENOVATIONS SHAPE ANKARA’S NATO PREP

As the countdown continues for the NATO Summit to be hosted by Ankara on July 7-8, 2026, preparations are accelerating in the capital. Activity focuses on sites along the approximately 17.5-km route from the Presidential Palace, where the leaders' summit will take place, to the military airfield in Etimesgut.

Editorial Team