Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Several weeks have passed since the fund scandal broke, but no official responsible has been arrested or fired. One investigation permit has been granted for a former official, while the government is in a hurry to complete the legal steps that would put an end to the scandal.
Ankara confirmed the evacuation of four Kurdistan Workers Party (PKK) camps, possibly clearing the way for the second phase of the “Terror-Free Turkey” process.
At Ankara Bar Association No. 2, President Gökhan Ağdemir withdrew his candidacy for reelection after boasting that his bar had helped 70 of its members become judges and prosecutors. At Istanbul Bar Association No. 2, the candidate backed by AKP and MHP groups lost the presidency by six votes.
Fresh waves of judicial probes and detentions targeting opposition-led municipalities across Turkey are reshaping the country's local political landscape.
Presidential Chief Legal Advisor Mehmet Uçum once again said that the next presidential election is set for March or April 2028, coinciding with renewed efforts to draft a new constitution.
For decades, Turkish foreign policy in the Caucasus rested on a single, unshakeable motto set by former Azerbaijani President Heydar Aliyev: 'One nation, two states.'
Foreign Minister Hakan Fidan hosted Justice Minister Akın Gürlek in Ankara on Oct. 13. The Foreign Ministry announced the meeting.
The day jailed Istanbul Mayor Ekrem İmamoğlu was to begin his defense in the Istanbul Municipality trial for the first time since his arrest 19 months ago, a court-appointed trustee cut the live broadcast of the Halk TV, one of his staunchest supporters in the media.
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).
The central bank’s reliance on foreign exchange swaps has dropped sharply, marking a structural improvement in the quality of the bank’s international reserves.
Statements attributed to Central Bank Governor Fatih Karahan during IMF and World Bank meetings in Bangkok sparked debate over foreign exchange policy, prompting a direct denial from a top market economist who attended the session.
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.