Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
In just three days, seven provincial heads from Turkey’s ruling AKP have announced their resignations, each expressing loyalty to the party and its leader, President Recep Tayyip Erdoğan.
U.S. President Donald Trump will host Turkish President Recep Tayyip Erdoğan at the White House on Sept. 25, shortly after both leaders attend the UN General Assembly in New York. Their talks are expected to focus on defense and trade, including Boeing aircraft sales, a major F-16 package, and the potential revival of discussions on the suspended F-35 program.
After the seizure of Can Holding Media Group, one of Turkey’s largest conventional media conglomerates, Kenan Tekdağ, chair of the Board of Directors, was detained in hospital, then placed under house arrest and banned from leaving the country.
Turkey is set to become one of the world’s top 10 defense exporters this year, according to Treasury and Finance Minister Mehmet Şimşek.
The postponement of the decision in the lawsuit to cancel the CHP's 38th regular congress brought short-term relief to the markets. The BIST 100 index gained 5% following the decision. The banking index also gained over 6%. The risk premium reached 261 basis points, the lowest in about six months.
Turkish authorities have launched a probe into Investco Holding for allegedly laundering illicit gains obtained in violation of the Capital Markets Law through the stock exchange.
Turkey’s state-owned Mechanical and Chemical Industry Corporation (MKE) has signed an agreement to supply 20mm ammunition to Poland for use with KAI FA-50GF Block 10 light combat aircraft.
A surprising development could break the six-year impasse between Turkey and the United States over Ankara’s purchase of Russian S-400 air defense systems. According to diplomatic and defense sources, Moscow has proposed to take the systems back.
The 11th session of Turkey’s parliamentary commission on the Kurdish peace process saw its first major confrontation, as comments made by a representative of the İslami Tebliğ Tedris İlim Hareketi Adamları Association (İTTİHAD) prompted a dramatic walkout by members of the DEM Party. The controversy began when Mehmet Beşir Şimşek, a senior figure in İTTİHAD, addressed the commission on Sept. 18. The group is widely known for its ideological ties to Turkish Hizbullah, which was linked to a series of extrajudicial killings in the 1990s, many involving victims bound and executed using the notorious “pig-tie” method.
Access to Grok, the artificial intelligence bot on the X platform owned by Elon Musk, has been blocked.
The Istanbul Chief Public Prosecutor's Office deposed the six-member female band Manifest on allegations of 'exhibitionism' and 'indecent behavior.'
The tax burden for many small businesses will rise after changes announced in the Official Gazette.