Analysis

In-Depth Analysis

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

FX-PROTECTED DEPOSIT SCHEME ENDS
Economy and Finance Aug 27, 2026

FX-PROTECTED DEPOSIT SCHEME ENDS

The Foreign Exchange-Protected Deposit scheme, known as KKM, has come to a complete end after total balances in the accounts dropped to zero, according to weekly data from the Banking Regulation and Supervision Agency (BDDK).

Editorial Staff 1 min
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
OSMAN KAVALA’S UNENDING TORMENT
Portrait of the Week Aug 27, 2026

OSMAN KAVALA’S UNENDING TORMENT

Osman Kavala will turn 70 next year. He has been in prison for nine years. During those nine years, the European Court of Human Rights (ECHR) has ruled three times that his detention and conviction violated his rights and called for his “immediate release.” Most recently, just three days ago, the ECHR once again called on Turkey to “release him.”

Anonymous 2 min