MECCA PACT IN PRACTICE WITHOUT PARLIAMENTARY APPROVAL
Turkey is putting its defense pact with Saudi Arabia and Pakistan into effect before securing necessary approval from parliament.
Analysis
In-Depth Analysis
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TURKISH AEROSPACE PASSES TWO MILESTONES
TA began delivery of T625 Gökbey helicopters to the police, while also completing the first flight of the serial produced Hürjet jet trainer.
AUTHORITIES CLOSE BRIEF PROBE INTO BRITISH ECONOMIST FOLLOWING REMARKS ABOUT ERDOĞAN
Turkish authorities have closed a brief investigation into British economist Timothy Ash over comments likening President Recep Tayyip Erdoğan to Israeli Prime Minister Benjamin Netanyahu.
EXPORTERS TARGET $10 BILLION TRADE VOLUME WITH SYRIA
Turkish business leaders aim to grow trade with Syria to $10 billion a year and take part in the country's reconstruction after years of conflict.
UKRAINE-RUSSIA WAR COULD COST TURKEY $20 BILLION IN THREE MONTHS
Maritime trade in the Black Sea has come to a near halt due to Russian and Ukrainian strikes, creating a major economic threat for Turkey, according to a shipping executive.
POLITICAL DICTIONARY OF LAW
On Aug. 10, Turkey’s parliament passed what many will call an amnesty for PKK members, on the strict condition that no one call it that. The word appears nowhere in the law, which is titled, in Turkish, the Law on Strengthening National Solidarity and Social Integration.
A PEACE PROCESS DEVOID OF DEMOCRATIZATION
The first concrete step has been taken in the PKK's disarmament process, a subject Turkey has been discussing for nearly 22 months. The law that will form the legal groundwork for the group's disarmament passed parliament with what has been called a 'historic consensus.' Next comes implementation. But the real question is will this process, dubbed 'Terror-Free Turkey,' contribute to the country's democratization?
OSMAN KAVALA’S UNENDING TORMENT
Osman Kavala will turn 70 next year. He has been in prison for nine years. During those nine years, the European Court of Human Rights (ECHR) has ruled three times that his detention and conviction violated his rights and called for his “immediate release.” Most recently, just three days ago, the ECHR once again called on Turkey to “release him.”
NINE TO FIVE
Israel strikes near the Turkish border, a message thinly veiled, Barrack says Netanyahu wanted Ankara provoked, not just derailed.
TURKUVAZ GROUP BLASTS WATCHDOG AFTER FINE
After the Radio and Television Supreme Council (RTÜK) imposed an 8 million lira administrative fine on ATV, outlets belonging to pro-government Turkuvaz Media published articles targeting the watchdog.
TREASURY PAYS RECORD RATES IN BACK-TO-BACK BOND AUCTIONS
Turkey has become the world's most expensive borrower in local currency, agreeing to pay interest rates exceeding 41% during back-to-back domestic bond auctions this week.
BIG MAC INDEX SUGGESTS LIRA IS SEVERELY OVERVALUED
Former Treasury Undersecretary and prominent economist Mahfi Eğilmez calculated that the fair value of the US dollar should be 65 liras based on the Big Mac Index, far above the market exchange rate of 47.50 liras and warned that the holding the exchange rate below its fair value inflates the country's GDP and per capita income figures on paper without making Turks any richer.