Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
As the CHP-led Ankara municipality braces for a possible wave of prosecutions, Ankara Mayor Mansur Yavaş has pressed for charges to be brought against former Mayor Melih Gökçek and his son, Osman Gökçek, an AKP deputy and owner of Beyaz TV.
It was already known that the questions posed to President Recep Tayyip Erdoğan on board the presidential plane were pre-prepared by the Directorate of Communications. Media Ombudsman Faruk Bildirici has revealed, with concrete evidence this time, what has been an open secret. Bildirici received the full text of the questions and answers long before the conversation took place on the plane taking Erdoğan and journalists back to Turkey from Washington.
In just three days, seven provincial heads from Turkey’s ruling AKP have announced their resignations, each expressing loyalty to the party and its leader, President Recep Tayyip Erdoğan.
As soon as talk emerged about a possible meeting between U.S. President Donald Trump and Russian President Vladimir Putin, the Turkish press began speculating about the potential venue—expressing wishful hopes that Turkey might serve as the host for the highly anticipated summit.
Altın varak, the Turkish expression for gold leaf, is what happens when human vanity finds its most delicate expression. The Ottomans used it with flair: laid onto Qur’an illuminations, painted into miniatures, burnished across mosque panels and palace ceilings. It was a craft in which theology, politics, and decoration were rolled into one, performed with fine brushes.
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 detention of notorious media-savvy lawyer Rezan Epözdemir has exposed faultlines between the Presidency and sidelined AKP members over how the party relates to the judiciary.
CHP Chair Özgür Özel said he has evidence that some prosecutors and lawyers pressured defendants in the Istanbul Municipality cases to falsely confess to paying bribes in exchange for release. The following day, lawyer Mehmet Yıldırım was detained on the orders of the Istanbul Chief Public Prosecutor’s Office.
Two Turkish unions sparked a backlash after distributing shopping vouchers worth thousands of liras to journalists at press events funded by workers’ subscriptions.
The Central Bank lowered its one-week repo rate from 46% to 43% on July 24, despite warning signs that inflation pressures persist. This was the first cut following the April rate hike. The Monetary Policy Committee also reduced the overnight lending rate from 49% to 46% and the overnight borrowing rate from 44.5% to 41.5%. While June’s core inflation trend remained unchanged, preliminary indicators pointed to a temporary rise in July inflation due to month-specific factors.
As millions of retirees await a long-promised pension hike, Treasury and Finance Minister Mehmet Şimşek appeared to downplay the pressure caused by rising rents. Speaking at the ruling AKP’s Kızılcahamam retreat, Şimşek said: “72% of the population owns their home, 28% rent, and only 14% of retirees are renters,” according to pro-government columnist Abdulkadir Selvi.
As millions of retirees await a long-promised pension hike, Treasury and Finance Minister Mehmet Şimşek appeared to downplay the pressure caused by rising rents. Speaking at the ruling AKP’s Kızılcahamam retreat, Şimşek said: “72% of the population owns their home, 28% rent, and only 14% of retirees are renters,” according to pro-government columnist Abdulkadir Selvi.