Analysis

In-Depth Analysis

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

SHADOW OF SYRIA OVER TURKEY’S PEACE PROCESS
Capital Currents Jan 15, 2026

SHADOW OF SYRIA OVER TURKEY’S PEACE PROCESS

Following the PKK’s decision to lay down arms, the newly launched “peace process” has become tangled up in tensions over Syria. The military operation by the Damascus regime that pushed the SDF/YPG out of two Kurdish neighborhoods in Aleppo has strained relations between the AKP–MHP alliance and the DEM Party, ending a cautious rapprochement as part of the process. It has also disrupted a positive atmosphere that had lasted for nearly a year, raising fresh doubts about the prospects of success.

Nergis Demirkaya
FATİH ALTAYLI CONVICTED OF THREATENING PRESIDENT ERDOĞAN, SENTENCED TO FOUR YEARS
Media, Internet and Culture Nov 26, 2025

FATİH ALTAYLI CONVICTED OF THREATENING PRESIDENT ERDOĞAN, SENTENCED TO FOUR YEARS

A Turkish court has handed a four-year prison sentence to journalist Fatih Altaylı after he was convicted of threatening President Recep Tayyip Erdoğan. Altaylı, known for his popular YouTube programs, denies the charges and plans to appeal, after prosecutors accused him of physically threatening the president based on remarks he made on his channel. He was arrested on June 22 and appeared before the judge for the second time at this week’s hearing. He was sentenced to four years and two months in prison for threatening the president. The court ruled that judicial control would be insufficient and ordered that his detention continue. Altaylı threw the notes and files in his hand after hearing the decision and left the courtroom.

Editorial Team
THREE DECADES IN THE MAKING: ALTAY TANK FINALLY ROLLS OUT
Security and Defense Oct 31, 2025

THREE DECADES IN THE MAKING: ALTAY TANK FINALLY ROLLS OUT

The first Altay tank was delivered to the army on Oct. 28, crowning a three-decade push to develop and produce a domestic main battle tank. The project, launched by a 1996 decision of the Defense Industry Executive Committee, aimed to build an indigenous tank using locally developed technologies. However, the finalized model relies on South Korean-made engines and transmission systems.

Editorial Team
CERTAIN WEIGHT OF BAHÇELİ AND FUTURE OF PEOPLE’S ALLIANCE
Capital Currents Oct 10, 2025

CERTAIN WEIGHT OF BAHÇELİ AND FUTURE OF PEOPLE’S ALLIANCE

During a party debate, veteran AKP politician Bülent Arınç once distinguished himself from his comrades by declaring, “I have a certain weight of my own.” Though Arınç’s own weight has faded over the past decade, if one were to search for true “political weight” in today’s Turkey, one name stands out above all: Devlet Bahçeli. Having led the MHP for 28 years, Bahçeli has always been a force shaping Turkish politics—but in recent years, as part of the ruling People’s Alliance, he has become almost the determining factor in many critical decisions.

Nergis Demirkaya
CASE AGAINST TOP BUSINESS EXECUTIVES POSTPONED
Economy and Finance Sep 26, 2025

CASE AGAINST TOP BUSINESS EXECUTIVES POSTPONED

No decision was reached at the second hearing of the case against two leaders of the top business group TÜSİAD for comments they made in speeches. In court, Orhan Turan, chair of the Board of Directors of the Turkish Industrialists' and Businessmen's Association (TÜSİAD), and Ömer Arif Aras, Chair of the High Advisory Council (YİK), denied the charges against them and requested acquittal.

Editorial Team
COMMISSION DISCUSSES PUBLIC SUPPORT, PREPARES TO DRAFT PROPOSALS
Inside Turkey Sep 26, 2025

COMMISSION DISCUSSES PUBLIC SUPPORT, PREPARES TO DRAFT PROPOSALS

The Parliament’s National Solidarity, Brotherhood and Democracy Commission listened to think-tankers and pollsters to test the ground for public support for the peace process. The 12th meeting of the commission established in the wake of PKK’s decision to disband and lay down arms took it to 50 days of work completed to date. The commission is now preparing to shift to drafting proposals in October.

Editorial Team
PEACE PROCESS NEARS FIRST ANNIVERSARY: DISTRUST PERSISTS
Capital Currents Sep 19, 2025

PEACE PROCESS NEARS FIRST ANNIVERSARY: DISTRUST PERSISTS

Following the PKK’s dissolution and decision to lay down arms, the Parliamentary Commission on Solidarity, Brotherhood and Democracy has completed 45 days of work. Having met 11 times, the commission will discuss a “Return Home Law” once parliament reopens on Oct. 1.

Nergis Demirkaya
MARKETS RECOVER AFTER CHP DECISION
Economy and Finance Sep 19, 2025

MARKETS RECOVER AFTER CHP DECISION

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.

Editorial Team
SEPTEMBER STORM IN CHP: FEARS OF A SPLIT
Capital Currents Sep 5, 2025

SEPTEMBER STORM IN CHP: FEARS OF A SPLIT

September was expected to be tough for the CHP due to ongoing investigations and trials—but no one expected a storm of this magnitude. Having fought operations targeting its municipalities for the past nine months, the CHP is now shaken by the court decision that appointed a “trustee” to its Istanbul congress. CHP members, calling this a “new judicial coup,” saw the move as the extension of operations against municipalities into the party itself. Speculation has grown that a trustee could also be appointed to the party headquarters in the coming days.

Nergis Demirkaya
CHP FACES NEW SETBACK AS COURT HALTS ISTANBUL CONGRESS PROCESS
Deep Dive Sep 5, 2025

CHP FACES NEW SETBACK AS COURT HALTS ISTANBUL CONGRESS PROCESS

Turkey’s main opposition CHP suffered a fresh blow as a court dissolved its largest provincial board in Istanbul over cash payment claims. The party now awaits either a Sept. 5 ruling by the Supreme Election Board (YSK) or a Sept.15 court hearing that could unseat Chair Özgür Özel’s administration. The CHP, which came to power at a November 2023 congress with the slogan “Change,” now risks being replaced by the team of former chair Kemal Kılıçdaroğlu. The 45th Civil Court of First Instance ruled that irregularities in the October 2023 Istanbul provincial congress were “approximately proven.” The court suspended provincial chair Özgür Çelik, the executive and disciplinary boards, and 196 delegates. Attention has now turned to another court set to review the CHP’s 2023 congress in Ankara. “The Istanbul decision is null and void. We do not recognize it,” said Özel, vowing not to hand over CHP’s Istanbul building to the appointed administration. The Istanbul administration also started a stage-in protest in front of the building for 24 hours.

Editorial Team
SENIORITY CRISIS IN THE MILITARY
Security and Defense Aug 21, 2025

SENIORITY CRISIS IN THE MILITARY

Resignations have begun in the Turkish Armed Forces after promotion decisions by the Supreme Military Council and presidential appointments signed by President Recep Tayyip Erdoğan broke with the long-standing principle of seniority.

Editorial Team