Analysis

In-Depth Analysis

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

İŞ BANK SEES 29% INFLATION, 35% INTEREST RATES AT END-2025
Economy and Finance Aug 15, 2025

İŞ BANK SEES 29% INFLATION, 35% INTEREST RATES AT END-2025

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.”

Editorial Team
BAYKAR TO BOOST HIGH-TECH JOBS WITH SAMSUN FACTORY
Security and Defense Aug 15, 2025

BAYKAR TO BOOST HIGH-TECH JOBS WITH SAMSUN FACTORY

Baykar, the unmanned aerial vehicle manufacturer owned by the Bayraktar family, announced plans to build a factory on 400 acres in Tekkeköy, Samsun. The facility is expected to boost high-tech production and create high-quality jobs in the Black Sea region, the company said Aug. 8.

Editorial Team
ASSAN HIT BY FRAUD AND ESPIONAGE CLAIMS
Security and Defense Aug 15, 2025

ASSAN HIT BY FRAUD AND ESPIONAGE CLAIMS

ASSAN, one of Turkey’s top private-sector ammunition producers and an exporter to more than 60 countries, is under scrutiny following allegations of illegal staffing, supply delays, fraud, and improper transfer of state-developed defense technologies, according to Cumhuriyet daily.

Editorial Team
A NEW CHAPTER IN CAUCASUS - IF IT HOLDS
Guest Voices Aug 11, 2025

A NEW CHAPTER IN CAUCASUS - IF IT HOLDS

The Caucasus is undergoing a fundamental transformation that could reshape the region’s geopolitical landscape. After decades of failed attempts—such as the 2001 peace process between Armenia and Azerbaijan or the 2009 Armenia–Turkey Zurich Protocols—Armenia and Azerbaijan have now initialed agreements that could pave the way for a historic breakthrough.

Guest Voices