Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
More than a month after the fund collapse occurred, the shockwaves continue to rock the stock market. The crisis wiped out trillions of liras in corporate market capitalization and drove key valuation metrics to multi-year lows in Borsa Istanbul.
Next month Antalya hosts COP31, Nov. 9-20. Ankara has sent two invitations to Cyprus: one, through the conference organizers, to the president of the Republic of Cyprus, and one, from President Recep Tayyip Erdoğan, to the president of the Turkish Republic of Northern Cyprus.
I was in Belgrade at the beginning of the month. I started to talk about the political situation in Serbia with the relatively young-looking driver.
President Recep Tayyip Erdoğan held a telephone call with Azerbaijani President Ilham Aliyev in an effort to defuse a sharpening diplomatic rift between the historic allies, even as Baku escalated its stance by barring dozens of Turkish figures and initiating criminal proceedings against online critics.
Bursa lawmaker Cemalettin Kani Torun, who left the Yeni Yol Party group of conservative opposition lawmakers in August soon after the Gelecek Party dissolved itself, joined the AKP and will be an adviser to President Recep Tayyip Erdoğan on the Terror-Free Turkey process and on Africa policy.
Istanbul Mayor Ekrem İmamoğlu completed his four-day defense in the second session of his trial, directly targeting President Recep Tayyip Erdoğan in testimony after more than 600 days behind bars.
Muğla and Manisa mayors denied switching to the AKP as operations against CHP and Yeni Party municipalities continued and courts delivered a string of rulings.
The Constitutional Court ended discussions about the Yeni Party’s name, but headquarters-backed candidates keep winning in the districts and provinces despite the promises to end the old CHP habit of central control.
The parliament has not established a commission to monitor progress on the surrender of weapons and personnel by the Kurdistan Workers’ Party or PKK, and Kurdish groups are complaining the process is stalled.
We’ve borrowed our headline “The Name of Sarıgül” from “The Name of the Rose,” the best-selling novel by Italian writer Umberto Eco.
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.