Analysis

In-Depth Analysis

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

A PEACE PROCESS DEVOID OF DEMOCRATIZATION
Capital Currents Aug 27, 2026

A PEACE PROCESS DEVOID OF DEMOCRATIZATION

The first concrete step has been taken in the PKK's disarmament process, a subject Turkey has been discussing for nearly 22 months. The law that will form the legal groundwork for the group's disarmament passed parliament with what has been called a 'historic consensus.' Next comes implementation. But the real question is will this process, dubbed 'Terror-Free Turkey,' contribute to the country's democratization?

Nergis Demirkaya 4 min
BIG MAC INDEX SUGGESTS LIRA IS SEVERELY OVERVALUED
Economy and Finance Aug 13, 2026

BIG MAC INDEX SUGGESTS LIRA IS SEVERELY OVERVALUED

Former Treasury Undersecretary and prominent economist Mahfi Eğilmez calculated that the fair value of the US dollar should be 65 liras based on the Big Mac Index, far above the market exchange rate of 47.50 liras and warned that the holding the exchange rate below its fair value inflates the country's GDP and per capita income figures on paper without making Turks any richer.

Editorial Staff 2 min
ERDOĞAN EXPECTED TO ANNOUNCE NEW AKP MEMBERS
Inside Turkey Aug 13, 2026

ERDOĞAN EXPECTED TO ANNOUNCE NEW AKP MEMBERS

President Recep Tayyip Erdoğan is expected to welcome new members into the AKP at the party's 25th anniversary event in Ankara on Aug. 14, with two sitting deputies from the İYİ Party set to join.

Editorial Staff 1 min
VİBRATÖR /VIBRATOR
Word of the Week Aug 6, 2026

VİBRATÖR /VIBRATOR

The word of the week is vibratör (vibrator), because Turkey has reached that stage of public life where even a small vibrating object of adult pleasure may require a prosecutor’s attention. Here, a vibrator is not merely a device; it is a small object with the bad manners to expose the size of the state.

Nazlan Ertan 4 min
A THIRD-STAGE IMMUNITY OPERATION?
Capital Currents Aug 6, 2026

A THIRD-STAGE IMMUNITY OPERATION?

There's a Turkish saying for describing one misfortune piling on another: 'What happened to us didn't even happen to the boiled chicken'. The last three years for opposition leaders Özgür Özel and Ekrem İmamoğlu, and the 'Change Movement' they lead, bring that saying to mind.

Nergis Demirkaya 5 min