FUND CRISIS TOLL DEEPENS AS INVESTOR PAYOUTS BEGIN
In one of the country’s largest financial scandals, payments to victimized fund investors began and priority will be given to small investors, according to statements from officials.
Analysis
In-Depth Analysis
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WITH INFLATION AT 5-YEAR LOW, MARKETS EYE MODEST RATE CUT
For the first time in nearly five years, Turkey’s annual inflation rate slipped below 30%, giving the central bank room to consider easing monetary policy at its meeting on Oct. 22.
CALLS FOR CONSTITUTIONAL COURT TO OVERTURN INTERNET BLOCKS
Scores of journalists, activists, and politicians gathered outside the Constitutional Court Oct. 7 to protest censorship of social media accounts.
AKP GAINS UPPER HAND AS IZMIR MAYOR SWITCHES SIDES
“Flowers bloom on the mountains of Izmir / The golden sun scatters gold thread there / The routed enemies all flee like the wind / Long live Mustafa Kemal Pasha, long live! Your name will be inscribed on a jeweled stone.”
CEMİL TUGAY’S SWITCH TO THE AKP AND THE SPOUSAL FACTOR
Izmir Metropolitan Mayor Cemil Tugay’s decision to join the AKP caused a major stir, bitter disappointment, and protests. After all, Izmir has long been regarded as a stronghold of left-wing politics. In fact, the city can be analyzed as “a city with center-right leanings that consistently votes for left-wing social democrats because of its opposition to the AKP.”
MECCA PACT ACTIVATED AT BREAKNECK SPEED
Just as the ink was drying on the Mecca Pact, the deployment of troops is now on the table, following Houthi attacks targeting Saudi Arabia.
ASELSAN'S CONTRACT BOOM PEAKS
Borsa Istanbul’s most valuable company since the first half of 2025, Aselsan has agreed a set of record-breaking contracts in recent months.
FUND SCANDAL EXPOSES TWO-TIER JUSTICE, AS GOVERNMENT FAST TRACKS MEASURES
The government is seeking to create the impression that it is cutting ties with those involved in the stock market scandal and has launched an investigation, announcing that up to a million liras of losses will be repaid to investors soon. But the opposition calls it the 'corruption of the century' and is seeking a parliamentary inquiry.
OPERATIONS AGAINST OPPOSITION MAYORS REACH MERSIN
Fresh judicial action hit opposition-run municipalities on Oct. 1, the day parliament reopened. Mersin Metropolitan Mayor Vahap Seçer, Yenişehir Mayor Abdullah Özyiğit and Mezitli Mayor Ahmet Serkan Tuncer were among 59 people detained.
OCTOBER HOPES FADE AS MGK STAYS SILENT ON PKK DISARMAMENT
Expectations that the Framework Law on the Terror-Free Turkey process would take effect in October have shifted to December.
JAILED ATALAY STARTS HUNGER STRIKE AS OPPOSITION PROTESTS ERDOĞAN AT PARLIAMENT'S OPENING
Can Atalay, stripped of his parliamentary seat and held in prison since 2022, began a hunger strike as parliament reconvened on Oct. 1, while the main opposition Yeni Party walked out when President Recep Tayyip Erdoğan took the floor during the opening speech.
ISTANBUL MUNICIPALITY TRIAL: INFORMANT TESTIMONY RUNS ON HEARSAY, ONLY FOUR RELEASED
The court released four defendants, while informants who testified under effective remorse provisions refused to answer most questions from defense lawyers during cross-examination, claiming their previous testimonies were based on hearsay.