Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
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.
“Casablanca” ends on a fogbound airfield. The plane to Lisbon has gone, and the idealists with it. What remains is a cynic and a prefect of police, each of whom has just discovered how useful the other might be. “Louis,” says Rick, “I think this is the beginning of a beautiful friendship.”
Ankara doesn't consider itself obliged to join combat, since Mecca Pact is not an alliance aimed at resolving the historical issues of its members.
MHP Chair Devlet Bahçeli called on parliament to officially take action to renew presidential elections for 2028, a move to pave the way for President Recep Tayyip Erdoğan to run again.
For the first time in nearly five years, Turkey’s annual inflation rate slipped below 30%, giving the central bank room to consider easing monetary policy at its meeting on Oct. 22.
Scores of journalists, activists, and politicians gathered outside the Constitutional Court Oct. 7 to protest censorship of social media accounts.
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.
Ali Şekeroğlu, 60, took his own life outside the Constitutional Court while demanding a pay raise for retirees on Sept. 25. Şekeroğlu died by suicide with his own weapon.
“The European Union will open its vast economy to countries waiting to join its ranks, provided they agree to stand with the bloc against hostile states and industrial rivals, according to a draft European Commission proposal obtained by POLITICO.”
The Constitutional Court will consider on Sept. 29 a request to annul the name of Yeni Party and remove it from the registry of political parties.
More than one and a half years into US President Donald Trump’s second term, despite repeated positive messages from both sides regarding lifting the arms embargo on Turkey, neither Ankara nor Washington has taken steps to meet their commitments.
After defeating the AKP in the 2024 local elections, the opposition set its sights on the presidency but the split and rivalry between the CHP and the Yeni Party are now weakening it by the day.