Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Foreign direct investment (FDI) inflows fell 35% year-over-year in the first eight months of 2026 to $6.8 billion from $10.5 billion recorded during the same period in 2025, according to data released by the International Investors Association (YASED).
For nearly half a million retail investors caught in Turkey’s worst financial storm in years, compensation has finally begun to flow. But the first cash distributions came as the fallout spread beyond Turkey’s borders: global index provider MSCI froze index changes for Turkish equities on Oct. 15 and warned of a possible downgrade, while prosecutors broadened their probes and lawmakers scrambled to pass emergency legislation.
A Turkish-owned commercial cargo ship sank in the Black Sea following an Unmanned Aerial Vehicle (UAV) attack, killing all 10 crew members on board, BBC Turkish reported.
At the beginning, he was not so sure whether having a co-chairmanship for COP31 would work well, confessed Fatih Birol, the executive director of the International Energy Agency (IEA).
Fresh judicial action hit opposition-run municipalities on Oct. 1, the day parliament reopened. Mersin Metropolitan Mayor Vahap Seçer, Yenişehir Mayor Abdullah Özyiğit and Mezitli Mayor Ahmet Serkan Tuncer were among 59 people detained.
Can Atalay, stripped of his parliamentary seat and held in prison since 2022, began a hunger strike as parliament reconvened on Oct. 1, while the main opposition Yeni Party walked out when President Recep Tayyip Erdoğan took the floor during the opening speech.
The Parliamentary Assembly of the Council of Europe (PACE) adopted a resolution on Oct. 1 condemning what it called a coordinated campaign against LGBTQ+ people and rights defenders in Turkey.
The Borsa Istanbul’s benchmark BIST 100 index entered a technical bear market at the end of September, marking its worst monthly performance since the 2008 global financial crisis.
With the start of the new legislative year on Oct. 1, the main agenda will be the ongoing peace process concerning the Kurdish issue, which faces gridlock about the timing of demands over disarmament, legal guarantees, and the official status of jailed PKK leader Abdullah Öcalan.
After the summer break, the parliament opens its new legislative year on Oct. 1 and the General Assembly will convene on Oct. 6 to discuss a nine-article bill on the Turkish Red Crescent.
Turkish Airlines has agreed to buy up to 150 Boeing passenger jets in a landmark order made during Erdoğan’s trip to the United States.
Garanti BBVA, the high-street bank majority-owned by Spain’s BBVA, has agreed to pay a fine of 1.55 billion liras ($31.8 million) after settling an antitrust investigation into labor market practices, the lender disclosed on the Public Disclosure Platform (KAP).