Analysis

In-Depth Analysis

Smart, independent reporting on Turkey's politics, economy and foreign affairs.

ANKARA’S OUTRAGE OVER GLORIFICATION OF MLADIC
Foreign Affairs Sep 10, 2026

ANKARA’S OUTRAGE OVER GLORIFICATION OF MLADIC

International outrage erupted following the state-supported funeral ceremony for convicted Serb war criminal Ratko Mladic in Serbia. Critics worldwide denounced the honors as an attempt to glorify a perpetrator of genocide. Turkey joined the global backlash on Sept. 8, a day after the ceremony.

Editorial Staff 1 min
BIG MAC INDEX SUGGESTS LIRA IS SEVERELY OVERVALUED
Economy and Finance Aug 13, 2026

BIG MAC INDEX SUGGESTS LIRA IS SEVERELY OVERVALUED

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.

Editorial Staff 2 min