Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Nasreddin Hoca, the wise and witty Turkish folk hero, once arrived at a dinner in his ordinary clothes and discovered that nobody thought him worth much attention. He went home, put on his finest fur coat and returned. This time he was welcomed warmly, seated at the table and offered the best food. So Hoca began dipping the sleeve of his coat into the dishes.
For over a week, a single issue was on Turkey’s agenda: What happened to the money in the funds? Finance Minister Mehmet Şimşek, who had stayed silent on the crisis since it began and faced growing speculation that he would be fired, broke his silence on Sept. 24 to deny that he was leaving.
Foreign and domestic infrastructure companies are showing interest in the upcoming highway and Bosphorus bridge privatizations. French operator Egis is reportedly emerging as a leading contender for the 30-year operating rights.
Turkish Airlines has agreed to buy up to 150 Boeing passenger jets in a landmark order made during Erdoğan’s trip to the United States.
Turkey and the United States have signed a grant agreement to evaluate next-generation nuclear energy technologies, expanding bilateral cooperation in the energy sector.
The Financial Action Task Force (FATF) has released its 5th Round Mutual Evaluation Report for Turkey, confirming that the country faces no risk of returning to the grey list, the Finance Ministry said.
The EU is enforcing new temporary safeguard measures on some steel and related products imported from Turkey starting Sept. 25.
Saudi Aramco executives have inspected fuel facilities across Turkey owned by military pension fund OYAK, signaling advanced partnership talks to enter the retail fuel market.
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.
Binali Yıldırım. The last prime minister before the country shifted to the Turkish-model presidential system. Last seen in New York, at the UN General Assembly as President Recep Tayyip Erdoğan addressed the chamber.
As Houthi attacks against Saudi Arabia intensify, Turkey is preparing to provide technical military support to its ally in the Mecca Pact.
Turkey has agreed with Baghdad on the gradual withdrawal of its troops from northern Iraq, and a similar step may soon be taken in Syria as well.