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.
Analysis
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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.
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.
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.
The first concrete step has been taken in the PKK's disarmament process, a subject Turkey has been discussing for nearly 22 months. The law that will form the legal groundwork for the group's disarmament passed parliament with what has been called a 'historic consensus.' Next comes implementation. But the real question is will this process, dubbed 'Terror-Free Turkey,' contribute to the country's democratization?
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.”
Israel strikes near the Turkish border, a message thinly veiled, Barrack says Netanyahu wanted Ankara provoked, not just derailed.
The Defense Ministry has signed a contract with a lobbying firm headed by Brian Ballard, one of Trump’s leading fundraisers in Florida.
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.
A sexual harassment investigation has been launched against CHP deputy Ahmet Baran Yazgan.
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.
The contracts of construction firms abroad fell by more than half in the first six months of 2026.
Turkey has become the world's most expensive borrower in local currency, agreeing to pay interest rates exceeding 41% during back-to-back domestic bond auctions this week.