NEW TAX INCENTIVES FOR NUCLEAR POWER INVESTMENTS
The parliament’s Planning and Budget Committee has approved an omnibus bill introducing significant tax incentives to boost nuclear energy investments.
Analysis
In-Depth Analysis
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TRADE MINISTER LOBBIES IN BRUSSELS TO SECURE 'MADE IN EU' STATUS FOR AUTO SECTOR
Turkish Trade Minister Ömer Bolat led a high-stakes diplomatic mission in Brussels on July 16-17 to secure Turkey's inclusion in the European Union’s upcoming 'Made in Europe' framework.
ANKARA HESITANTLY ACKNOWLEDGES NEGOTIATIONS TO GET RID OF S-400
The government has started to admit that it is seeking a way to rid itself of the S-400 missiles it bought from Russia.
TEN YEARS ON, JULY 15 IS STILL AN OPEN FILE
Ten years after tanks rolled onto the Bosphorus Bridge and F-16s bombed parliament, Turkey marks the anniversary of the failed July 15 coup attempt with a holiday named 'Democracy and National Unity Day' — in a country more polarized, less democratic and no closer to answering the fundamental questions of that night than it was a decade ago.
COMPLIMENTS THAT CHILL ANKARA: TRUMP ON BRUNSON AND IRAN
Paying an official visit to President Recep Tayyip Erdoğan ahead of the NATO Summit and signaling movement on the F-35 and the Kaan's F110 engines, US President Donald Trump also touched on two subjects that sent a chill through Ankara: the release of American Pastor Andrew Brunson, and Turkey's stance in the US-Israeli war against Iran. Meant as praise, both stories cut deeper than they flattered.
MEDIA FIGURES SPEAK OUT ABOUT POLICE MISCONDUCT
Reports of police mistreatment and physical abuse during police detention are rising, as figures, such as journalists and comedians after detentions or arrests speak louder.
TURKEY'S MARKET REGULATOR MOVES TO CURB HEDGE FUND MANIPULATION AS INDEX GIANT SETS DEADLINE
Turkey's Capital Markets Board (SPK) is tightening its grip on investment funds and the stock market under new chair Mahmut Sütcü in response to domestic and international calls for a clampdown on manipulation.
CENTRAL BANK HOLDS MAIN INTEREST RATE AT 37 PERCENT
The central bank kept its benchmark policy rate unchanged at 37% for the third consecutive meeting on June 11, matching the consensus forecast of economists. The Monetary Policy Committee also held its overnight lending rate at 40% and its borrowing rate at 35.5%. The central bank last altered its policy rate in January with a 100-basis-point cut.
ANKARA SENDS MIXED SIGNALS AFTER PASHINYAN ELECTION WIN
Questions about the future of Turkey-Armenia normalization have grown after Turkish Foreign Ministry removed key wording from its statement on Armenian elections, putting pressure on Armenia rather than also pushing Azerbaijan and it took President Recep Tayyip Erdoğan four days to congratulate the Armenian prime minister on his election win.
ÖZEL HAS THE CROWD, KILIÇDAROĞLU HOLDS THE SEAL, THE EXIT IS ANYONE'S GUESS FOR THE CHP
Turkey's oldest and main opposition party, the CHP, is now effectively divided in two after a court annulled the party's November 2023 congress and reinstated former chair Kemal Kılıçdaroğlu in place of Özgür Özel. The split became more visible when both camps held rallies simultaneously at 2 p.m. on May 30. Kılıçdaroğlu returned to party headquarters to chants of 'Kılıçdaroğlu, the people's hope' — a stark reversal from just days earlier, when another crowd had branded him a 'traitor' and 'the AKP's hope' on May 24, reacting to the court-ordered change in the party leadership carried out with police support. The first head-to-head show of strength between the two camps laid bare a simple reality: Özel commands greater grassroots support, but Kılıçdaroğlu holds the formal authority to run the party.
COST OF OPAQUE GOVERNANCE: TOXIC DEBATES ON NATO & IRAN
“Am I obliged to answer this question?” was the reply of Foreign Minister Hakan Fidan when he was asked about behind-the-scenes diplomatic efforts that, according to the anchorwoman, had succeeded in stopping ballistic missile attacks from Iran against Turkey.
SIDES PRESSURE EACH OTHER AS PROGRESS STALLS IN KURDISH PROCESS
There is no clear timeline for progress in the Kurdish process despite the post-Ramadan Bayram and April expectations on both sides.