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.
Analysis
In-Depth Analysis
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INSIDE THE COURTROOM: A CONFESSOR MISDATES THE EARTHQUAKE
The main Istanbul Municipality corruption trial completed its 87th day on Sept. 24. The court heard nine more defendants, leaving 63 of 325 still to testify, as the presiding judge aims to complete the second session by the end of September.
APPAREL MAKERS TURN TO SYRIA AND UZBEKISTAN
Rising labor and production costs are forcing Turkish apparel manufacturers to seek new low-cost hubs, turning to Syria and Uzbekistan after previously expanding into Egypt.
ISTANBUL MUNICIPALITY CASE: 107 DEFENDANTS LEFT TO TESTIFY
The last hearing in the second session of the Istanbul Municipality case regarding corruption accusations closed before 6 p.m. for the first time on Sept. 17, after weeks of hearings that had stretched late into the night.
ARMENIA TO HOLD INDEPENDENCE DAY RECEPTION AFTER A DECADE
Armenia will host its 35th Independence Day reception in Istanbul on Oct. 14. The event marks a rare diplomatic event in Turkey as the two neighbors work to normalize long-strained ties.
TURKEY SEEKS NATO ACCREDITATION FOR ISTANBUL MJWC
Turkey is working to have the MJWC in Istanbul fully accredited by NATO and hosted an activity of the Alliance to advance the project.
IZMIR: A CITY WITH NO PARTY, AND CEMİL TUGAY
Cemil Tugay has been mayor of the Izmir Metropolitan Municipality since 2024. When he resigned from the CHP, he said he would join the new party Özgür Özel was forming. Özel said similar things. But around the same time, reports surfaced that Tugay’s communications with Özel were breaking down.
THE MECCA TRAP: WHY TURKEY'S NEW PACT BETRAYS ITS OWN INTERESTS
The Mecca Joint defense Agreement signed by Turkey, Saudi Arabia, and Pakistan at the beginning of last month came as a surprise to many, although Turkey was interested in joining the defense agreement signed by the latter two a year ago. The new agreement goes further than defense cooperation due to a collective security pledge modelled on NATO’s famous Article 5.
PEACE COMES WITH A CATALOGUE
In Stanley Kubrick’s Dr Strangelove, the American president interrupts a scuffle between General Buck Turgidson and the Soviet ambassador with an appeal to institutional dignity. “Gentlemen, you can’t fight in here! This is the War Room.”
TURKEY STANDS TO PASS US LOYALTY TEST
The Trump administration has handed NATO allies a list of questions within the framework of an ongoing six-month Pentagon review of American forces in Europe.
US SANCTIONS TURKISH BANK AND LOGISTICS FIRMS OVER IRAN
US authorities have designated a Turkish investment bank and three Istanbul-based logistics companies under targeted sanctions for allegedly facilitating illicit Iranian financial transfers and supporting Tehran's aviation network.
NEW INDICTMENT LOOMS AS ISTANBUL MUNICIPALITY TRIAL CONTINUES
Justice Minister Akın Gürlek said a supplementary indictment is being prepared in the Istanbul Municipality corruption case, as the court’s agenda shifted from hearing detained defendants to hearing those on trial who are not in detention.