GOVERNMENT PREPARES REGULATORY OVERHAUL
The government is preparing comprehensive reforms across its financial regulatory bodies following the massive investment fund crisis that shook domestic markets.
Analysis
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The government is preparing comprehensive reforms across its financial regulatory bodies following the massive investment fund crisis that shook domestic markets.
Access to T24, one of Turkey's oldest and biggest independent news websites, was blocked along with thousands of critical X accounts, including that of Turkey in Depth.
Fatma Betül Sayan Kaya is a politician who has figured prominently in the latest investment fund scandal. She and her husband made staggering sums from funds in a very short time.
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.
Speculation is growing that the long-delayed crackdown on the fund crisis is tied to a power struggle in the AKP that includes Justice Minister Akın Gürlek and Foreign Minister Hakan Fidan.
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.
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.
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.
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.
Clouds are gathering over opposition politicians. Each new development makes them darker. Judicial rulings block opposition parties at every turn.