Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Former Treasury Undersecretary and prominent economist Mahfi Eğilmez calculated that the fair value of the US dollar should be 65 liras based on the Big Mac Index, far above the market exchange rate of 47.50 liras and warned that the holding the exchange rate below its fair value inflates the country's GDP and per capita income figures on paper without making Turks any richer.
After the detention of Cem Küçük, a prominent commentator on TV screens known for leaking information from judicial files, Tahir Sarıkaya, an anchor from the Beyaz TV channel owned by former Ankara Mayor Melih Gökçek and his son Osman Gökçek, was arrested for blackmailing and spreading false information.
A rift within the ruling AKP divulged to public view after Tamar Tanrıyar — a social media phenomenon, a Turkish-Armenian known mainly as the wife of a former celebrity journalist and the owner of a small television channel — released a video targeting pro-government Turkuvaz Media Group that owns Sabah newspaper and ATV television channel.
Turkey's oldest and main opposition party, the CHP, is now effectively divided in two after a court annulled the party's November 2023 congress and reinstated former chair Kemal Kılıçdaroğlu in place of Özgür Özel. The split became more visible when both camps held rallies simultaneously at 2 p.m. on May 30. Kılıçdaroğlu returned to party headquarters to chants of 'Kılıçdaroğlu, the people's hope' — a stark reversal from just days earlier, when another crowd had branded him a 'traitor' and 'the AKP's hope' on May 24, reacting to the court-ordered change in the party leadership carried out with police support. The first head-to-head show of strength between the two camps laid bare a simple reality: Özel commands greater grassroots support, but Kılıçdaroğlu holds the formal authority to run the party.
As the CHP’s criminal court case on its 2023 party congress nears, speculation that the former administration under Kemal Kılıçdaroğlu will replace the chairmanship of Özgür Özel has resurfaced. President Recep Tayyip Erdoğan’s remarks fueled the flames, as did Kılıçdaroğlu’s snub of Özel at a funeral.
Turkey has launched its campaign to lead the United Nations Food and Agriculture Organization (FAO) after nominating former Agriculture Minister Mehmet Mehdi Eker for the position of Director-General.
"This political case will collapse," Istanbul Mayor and the CHP's presidential candidate Ekrem İmamoğlu declared repeatedly while delivering the last remarks on the 15th session of the corruption hearing. The courtroom was again full like the first days of the hearing as many were expecting a court ruling on release of several defendants. Only 18 of those under pre-trial detention were released, according to the midnight interim ruling. As expected, İmamoğlu’s executive assistant Kadriye Kasapoğlu and low profile figures like the drivers or workers were released but former CHP MP Aykut Erdoğdu was not on the list.
A former top prosecutor, wanted for nearly a decade over his alleged ties to the Gülenist movement, which Turkey officially designated as a terrorist group, was arrested after police found him hiding in a secret compartment inside a wardrobe.
CHP Chair Özgür Özel sparked a political storm by accusing a senior AKP figure of bribing a businessperson to testify against Istanbul Mayor Ekrem İmamoğlu. The CHP leader also suggested that the AKP had used dirty tricks to push CHP Aydın Mayor Özlem Çerçioğlu to transfer to the AKP on the 24th anniversary of the ruling party. Just two hours before the AKP’s celebrations, Özel said that former AKP Central Decision and Executive Board member and lawyer Mücahit Birinci asked imprisoned businessperson Murat Kapki to pay $2 million and promised his release in return for signing a false statement.
The name of Beşir Atalay, a founding member of the ruling AKP and a former interior minister, has been removed from a university campus in Kırıkkale, causing controversy within the party.
Thirteen months after sentencing, the Ankara 22nd High Criminal Court has released its reasoned verdict in the high-profile Kobani trial, in which former HDP Co-Chairs Selahattin Demirtaş and Figen Yüksekdağ were sentenced to 42 and 30 years in prison, respectively.
Following Tufan Erhürman’s landslide victory in the presidential election with almost 63% of the vote in Northern Cyprus, the Republican Turkish Party (CTP)—which Erhürman formerly led—is preparing to take power in the upcoming general elections, expected by January 2026 at the latest. Sıla Usar İncirli, 54, the CTP’s new and first female chair, said that the party favors a federation model as part of the search for a solution in Cyprus, and they have begun drafting their government program.