Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
As millions of retirees await a long-promised pension hike, Treasury and Finance Minister Mehmet Şimşek appeared to downplay the pressure caused by rising rents. Speaking at the ruling AKP’s Kızılcahamam retreat, Şimşek said: “72% of the population owns their home, 28% rent, and only 14% of retirees are renters,” according to pro-government columnist Abdulkadir Selvi.
After 47 years, the PKK has decided to disband and lay down arms. According to the group’s founder, Abdullah Öcalan, this marks a paradigm shift: the struggle will now continue through strengthened political engagement. Following what both the government and opposition have called a “historic” decision, change is now expected within the DEM Party—the Kurdish political movement’s representative in Turkish Parliament. As one MP who recently visited Öcalan on İmralı Island put it: “Even the PKK is changing—why wouldn’t the DEM Party?”
A joint Turkish-UAE-Chinese venture is set to launch a comprehensive digital banking and payments platform in Turkey, marking an unusual cross-border collaboration that includes players from both the Gulf and China.
ASELSAN, which led Borsa Istanbul (BIST) in trading volume in April, closed the first half of 2025 as the exchange’s most valuable company.
Despite strained ties with Israel following the October 7 attacks, Turkey has emphasized its key role in brokering a ceasefire in Syria’s Suweida province, where fighting between Israel-backed Druze groups and Bedouin Arab tribes had escalated to involve regime forces.
On the ninth anniversary of the July 15 coup attempt, Turkish authorities launched a new wave of raids targeting the Gülenist movement, which Turkey officially labels as the terrorist group “FETÖ.”
President Recep Tayyip Erdoğan’s remark about a “triple alliance” between the AKP, MHP, and DEM Party has drawn a sharp rebuke from DEM Co-Chair Tülay Hatimoğulları, who said the comment misrepresented the party’s role in the ongoing disarmament process.
The United States has imposed sanctions on 22 entities linked to a shadow banking network accused of facilitating illicit oil trade on behalf of the Iranian regime. The network operates through front companies based in Turkey, the United Arab Emirates, and Hong Kong, funneling revenue to Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), the U.S. State Department announced on July 9.
Can Media Group, which acquired Habertürk TV and Show TV late last year, has announced a major leadership reshuffle as part of its strategic realignment.
President Recep Tayyip Erdoğan has filed a lawsuit against CHP Chair Özgür Özel, seeking 500,000 lira (12,500 USD) in damages for alleged defamation and moral harm stemming from accusations that Erdoğan both enabled and continues to support governmental misconduct.
The United States has imposed sanctions on 22 entities linked to a shadow banking network accused of facilitating illicit oil trade on behalf of the Iranian regime. The network operates through front companies based in Turkey, the United Arab Emirates, and Hong Kong, funneling revenue to Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), the U.S. State Department announced on July 9.
Now that the summer season is on, Turkey loves to market itself with the usual package: sun, sea, sand and the occasional sex. But for over a decade now, the country’s most reliable tourism magnet has been a silent fifth S: saç/hair. Or more precisely, saç ektirme/hair transplant.