TURKEY IN “CLOSE” NUCLEAR TALKS WITH SOUTH KOREA FOR NEW REACTORS
Energy Minister Alparslan Bayraktar said that they are in 'close and intensive' talks with the Korea Electric Power Corporation (KEPCO) for the construction of new nuclear reactors.
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ASELSAN MOVES DRONE-BUSTER DRAGON INTO PRODUCTION
Aselsan, the flagship defense contractor, is moving its anti-drone system Ejderha (Dragon) into production, adding to elements of the planned Steel Dome missile shield.
TUNÇ SOYER TO REMAIN IN PRISON DESPITE RELEASE ORDER IN IZBETON CASE
Former İzmir Mayor Tunç Soyer and former İZBETON General Manager Heval Savaş Kaya were ordered released at the fourth hearing of the case involving allegations of corruption by subcontractors at İZBETON AŞ, a subsidiary of the İzmir Metropolitan Municipality.
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.
CERTAIN WEIGHT OF BAHÇELİ AND FUTURE OF PEOPLE’S ALLIANCE
During a party debate, veteran AKP politician Bülent Arınç once distinguished himself from his comrades by declaring, “I have a certain weight of my own.” Though Arınç’s own weight has faded over the past decade, if one were to search for true “political weight” in today’s Turkey, one name stands out above all: Devlet Bahçeli. Having led the MHP for 28 years, Bahçeli has always been a force shaping Turkish politics—but in recent years, as part of the ruling People’s Alliance, he has become almost the determining factor in many critical decisions.
TURKEY AND ITALY AGREE LANDING GEAR MAINTENANCE DEAL
Turkey and Italy signed a joint venture agreement for landing-gear maintenance, starting with T129 attack helicopters produced by Turkish Aerospace Industries, and aiming to expand capacity for military and civilian aircraft.The Military Factory and Shipyard Management Corporation of Turkey and Italy’s Magnaghi Aerospace will establish a joint maintenance center in Turkey. The Turkish side plans to extend services to civilian platforms, aiming to make Turkey a regional hub for landing gear maintenance and exports. The deal was signed during the technology and defense festival Teknofest Istanbul, on Sept. 19.
BAHÇELİ BRINGS UP MILITARY OPTION AGAINST ISRAEL
MHP Chair Devlet Bahçeli said that the time has come to issue a stern ultimatum against Israel, including military options, regarding Israel's attacks on Palestine and the regional actors.
RUSSIAN STRIKE HITS TURKISH BAYRAKTAR DRONE FACTORY IN KYIV
President Recep Tayyip Erdoğan spoke by phone with Ukrainian President Volodymyr Zelenskyy after Russian strikes on Kyiv killed at least 19 people and damaged infrastructure, including a Turkish-owned Bayraktar drone factory.
BAYKAR TO BOOST HIGH-TECH JOBS WITH SAMSUN FACTORY
Baykar, the unmanned aerial vehicle manufacturer owned by the Bayraktar family, announced plans to build a factory on 400 acres in Tekkeköy, Samsun. The facility is expected to boost high-tech production and create high-quality jobs in the Black Sea region, the company said Aug. 8.
HOW WILL THE PKK’S DISARMAMENT SHAPE POLITICS?
The dissolution and disarmament of the PKK, so far managed through security institutions, will be brought to Parliament’s agenda next week through a newly established commission. Although framed as “above politics” and “beyond party interests,” the “process” is creating new political maneuvering room for all parties. From the government to the opposition, political actors are repositioning themselves and recalculating strategies with an eye on the 2028 elections.
CENTRAL BANK CUTS RATES BY 3 POINTS DESPITE ONGOING INFLATION RISKS
The Central Bank lowered its one-week repo rate from 46% to 43% on July 24, despite warning signs that inflation pressures persist. This was the first cut following the April rate hike. The Monetary Policy Committee also reduced the overnight lending rate from 49% to 46% and the overnight borrowing rate from 44.5% to 41.5%. While June’s core inflation trend remained unchanged, preliminary indicators pointed to a temporary rise in July inflation due to month-specific factors.
İZMİR
In Turkey’s grand narrative, Izmir is the perennial contrarian. While Ankara governs and Istanbul dazzles, Izmir lounges by the Aegean, sipping its coffee with a secular smirk. Affectionately dubbed “Güzel İzmir” (Beautiful Izmir) by admirers and “Gavur İzmir” (Infidel Izmir) by detractors, the city has long been a cultural outlier—a place where minarets share the skyline with bell towers, and where the sea breeze carries whispers of both rebellion and repose.