CENTRAL BANK UPS INFLATION TARGETS FOR 2026, 2027
Central Bank Governor Fatih Karahan said inflation is expected to stand between 25% and 29% at the end of 2025, and between 13% and 19% in 2026.
Analysis
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Central Bank Governor Fatih Karahan said inflation is expected to stand between 25% and 29% at the end of 2025, and between 13% and 19% in 2026.
“Turkish newspapers should do more than the Washington Post,” wrote Fatih Selek in pro-government daily Türkiye, recalling that the American newspaper published the names of nearly 20,000 children murdered in Gaza.
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.
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.
Hours after Georgian President Mikheil Kavelashvili’s visit to Ankara for talks with President Recep Tayyip Erdoğan, Georgian police detained 12 people wanted on Interpol red notices and two sought at the national level in a joint operation with Turkish authorities.
Police detained five people, including three women, outside the Presidential Complex as they attempted to deliver a letter to President Recep Tayyip Erdoğan outlining demands related to Palestine. All were reported to be members of the Rainbow Association and the March for Palestine Platform.
Pointing to the long-continued pre-trial detentions over the Istanbul Municipality probe, MHP Chair Devlet Bahçeli said that investigations into the Istanbul Municipality must be completed quickly to end speculation about bias in the judiciary.
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.
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.
İyi Party Chair Müsavat Dervişoğlu has said that the opposition must unite behind a joint presidential candidate to overturn the current system of government.
The Kurdish political movement is a powerful women's movement as well. Within the movement, the female force is often described as “women’s revolution.” That’s why the “two Ks” in the title stand for Kurdish and Kadın (Woman). Pervin Buldan is one of the most prominent figures representing this female presence within the Kurdish political movement.
Five Alevi cultural and religious institutions have announced their departure from the Federation of Alevi Foundations (AVF), citing a departure from founding principles under the leadership of Professor İzzettin Doğan.