WITH INFLATION AT 5-YEAR LOW, MARKETS EYE MODEST RATE CUT
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.
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In-Depth Analysis
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ISTANBUL MUNICIPALITY TRIAL: INFORMANT TESTIMONY RUNS ON HEARSAY, ONLY FOUR RELEASED
The court released four defendants, while informants who testified under effective remorse provisions refused to answer most questions from defense lawyers during cross-examination, claiming their previous testimonies were based on hearsay.
COURT KEEPS İMAMOĞLU BEHIND BARS IN POLITICAL ESPIONAGE TRIAL
An Istanbul court ordered the continued detention of Istanbul Mayor Ekrem İmamoğlu, campaign director Necati Özkan, journalist Merdan Yanardağ, and businessperson Hüseyin Gün during the latest hearing in their political espionage trial.
NEW PROBE TARGETS FOOTBALL REFEREES
A judicial investigation has spread to top-tier football referees, leading to the detention of Central Referee Committee (MHK) Chair Ferhat Gündoğdu and six other officials.
BAHÇELİ BROKERS HANDSHAKE BETWEEN RIVAL TRABZON MOBSTERS
MHP Chair Devlet Bahçeli brought together Sedat Şahin and Burhanettin Saral at the party's Ankara headquarters on Sept. 26, ending a feud of more than 20 years.
SOCIALIST INTERNATIONAL SUSPENDS CHP, ADMITS YENI PARTY
The global umbrella of social democratic parties, Socialist International, suspended the CHP under its court-appointed leadership and admitted Özgür Özel's Yeni Party as a full member.
MADE IN TÜRKİYE
In December of last year, the Chinese carmaker SWM Motors began production in Eskişehir, with ambitious plans. Annual production of 20,000 to 25,000 vehicles was to grow substantially and the factory was eventually to serve as a base for exports to the Balkans and neighboring markets.
FUND CRISIS HITS MARKETS
The Borsa Istanbul’s benchmark BIST 100 index entered a technical bear market at the end of September, marking its worst monthly performance since the 2008 global financial crisis.
T24 GOES DARK AS ACCESS BANS ENSNARE CRITICS
Access to T24, one of Turkey's oldest and biggest independent news websites, was blocked along with thousands of critical X accounts, including that of Turkey in Depth.
MONEY, SECOND-GENERATION AKP POLITICIANS, AND FATMA BETÜL SAYAN KAYA
Fatma Betül Sayan Kaya is a politician who has figured prominently in the latest investment fund scandal. She and her husband made staggering sums from funds in a very short time.
AIR FORCE RECEIVES ITS NEW AIRCRAFT
The Turkish Air Force has received its first Hürkuş new-generation basic trainer aircraft, a milestone in a project initiated 20 years ago.
MUTUAL PROMISES, NO RESULTS
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.