Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Don’t underestimate Beyoğlu. If a survey were conducted asking Turks to name the two districts they know best, the top answers would likely be Istanbul’s Beyoğlu and Ankara’s Çankaya. Çankaya is well known because it houses Atatürk’s legacy, the Republic, parliament, state institutions, and embassies.
The corruption probe into Istanbul and other CHP-run municipalities has taken a new turn, extending beyond politicians, lawyers, mobsters, and journalists to include a hitman. The alleged hitman is said to have acted on the instructions of Selahattin Yılmaz, a figure backed by MHP Chair Devlet Bahçeli. The latest detentions targeted several lawyers and legal experts, whose ultra-luxurious offices and lavish lifestyles raised questions, with images suggesting close links to the government.
President Recep Tayyip Erdoğan has joined Next Sosyal, the social media platform founded by his son-in-law Selçuk Bayraktar, chair of the board of directors at Baykar.
The Turkish Statistical Institute (TurkStat) has released for the first time socio-economic status data at the provincial and district levels, based on 2023. Covering more than 26 million households, the study highlights sharp inequalities across Turkey, measuring income, education, and occupation.
No agreement was reached in pay talks between the government and civil servant unions. Memur-Sen, which is known for its closeness to the government and was expected to take the government’s pay rise proposal to the Public Officials Arbitration Board, announced that no application would be made.
For the past decade, Turkey’s Africa policy has favored partnership — co-designed projects, capacity building, and trade — over extractive habits associated with colonial legacies. Two countries once written off as “failed states,” Somalia and Burkina Faso, illustrate this shift. Both are edging back toward firmer state capacity under locally led agendas, with Turkey positioned as a security and development partner rather than a patron.
Japanese Defense Minister Gen. Nakatani toured the facilities of Turkish Aerospace Industries (TAI) and Baykar to examine Turkish-made aircraft and unmanned aerial vehicles. His visit followed a meeting with his Turkish counterpart, Defense Minister Yaşar Güler.
Hakan Aran, head of İş Bank, the country’s largest private lender, said they expect Turkey’s annual inflation to drop to 29% by the end of 2025, with interest rates falling to 35%. Aran shared his predictions regarding the economic normalization process at a press conference. According to Aran, “we may see monthly inflation rates drop below 1% as the normalization process begins in May 2026.”
The government’s first pay offer in collective bargaining—10% for the first half of 2026, 6% for the second half, and 4% for each half of 2027—was rejected by public sector unions representing about four million civil servants and more than two million retirees.
Central Bank Governor Fatih Karahan said inflation is expected to stand between 25% and 29% at the end of 2025, and between 13% and 19% in 2026.
Baykar, the unmanned aerial vehicle manufacturer owned by the Bayraktar family, announced plans to build a factory on 400 acres in Tekkeköy, Samsun. The facility is expected to boost high-tech production and create high-quality jobs in the Black Sea region, the company said Aug. 8.
Pointing to the long-continued pre-trial detentions over the Istanbul Municipality probe, MHP Chair Devlet Bahçeli said that investigations into the Istanbul Municipality must be completed quickly to end speculation about bias in the judiciary.